Indo EU Seminar on Skills Development, Training and Employment

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Indo EU Seminar on Skills Development, Training
and Employment
Skills Training in a Globalised World
Economy Lt Gen (Retd) S S Mehta, PVSM, AVSM and
Bar, VSM Director General Confederation of
Indian Industry
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India

• Size 2,973,190 sq km
• Population 1096 Mn
• Languages National Hindi (14 other official
  languages)-English enjoys Associate Status.
• Multi Ethnic,Multi Religious Pluralistic Society
• Largest Democracy.
• Confluence of Civilizations

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India

• One of the fastest growing economies avg 7
  since 1994 and 7.5 - 8.1 in 2005.
• Inflation 4-5 .
• Forex Reserves USD 150 Bn.
• GDP USD 650 Bn.
• Leadership in ICT.

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Challenges

• Social Appreciation of Skills As a Livelihood
  Asset
• Linking Education to Employability in the Global
  Knowledge Economy.
• No One Solution. Every Region demands an
  innovative approach.

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Indias Advantage

• Demographic
• Societal Building Block
• English Language
• Affinity to Maths
• Credible IT Image
• Steady Growth Trajectory

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Snapshot Global Demographics
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Global Demographics Scenario
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Note Potential Surplus is calculated keeping
the ratio of working population (age15-59) to
population constant.
Source US Census Bureau BCG Analysis
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An Idea

• India has the unique opportunity to
• Complement what an ageing world needs the
  most -- Productive Workers.
• Provide investment opportunities for ageing
  population to earn high levels of post
  retirement income.

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Globalisation

• A complex series of economic, social,
  technological, cultural and political changes are
  increasing interdependence, integration and
  interaction between people and companies in
  disparate locations. . IMF
•  

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Trends to Watch

• Centres of economic activity will shift
  profoundly, not just globally, but also
  regionally.
• Shifts within regions will be even more dramatic
• Today, Asia (Excluding Japan) accounts for 13
  percent of the worlds GDP, while Western
  Europe accounts for more than 30 percent. Within
  20 years the two will converge.
  
  
• . Mckinsey Quarterly Web Exclusive 2006

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Pumping the Global Talent Pipeline The 21st
Century Imperative

• Global Talent deficit is fundamental to
  sustainability.
• Owing to the flux in the global economy it is
  difficult to forecast where a skill shortage will
  arise next.
• External markets are not delivering the right
  skills at the pace of change
• .Infosys
  Davos 2006 Panel Debate

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Pumping the Global Talent Pipeline The 21st
Century Imperative

• The challenge is to have the right people, at the
  right place, at the right time.
• The Paradox of Skill versus Will.
• The need for the public and private sectors to
  work together towards the vision of the future.
• 
  .Infosys Davos 2006 Panel Debate

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Skills A Global Currency

• "Skills" are a global currency for a globalising
  world.
• Countries with a significant skills capital can
  innovate remain competitive and enable
  sustainable growth.
• Skills Development will create inclusive
  societies.
• Global Skills Development should be added as a UN
  Millennium Goal.

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India - Sectors Demanding Multi- Level Skills
Options

• Construction
• Finance, Real Estate, Insurance Business
  Services
• Transport, Storage Construction
• Wholesale Retails Trade
• Manufacturing
• Community, Social and Personal Services
• Agriculture
• Electricity
• Mining Quarrying

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Four Collar Work Force

• White Collar - Well understood across the World
• Grey Collar The knowledge worker, which
  includes ICT Skills, problem solving, analytical
  and effective communication skills.
• Blue Collar Shop floor work in the
  manufacturing and service sector.
• Rust Collar Skilled worker at the grass
  root level in currently unorganised and
  un-benchmarked sectors like Construction,
  Agriculture and related trades.

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Guiding Principles

• Independent Assessment and evaluation
• Competitive basis for quality
• Employment Orientation
• Global Benchmarking
• Levels and Progression routes
• License to Practise

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Features of the CII Skills Initiative

• Localised Approach Relevant to local needs
• Scaleability
• Short Duration, Focussed Programmes
• Modular Approach
• Smart Card Certification

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Smart Card Certification

• Biometric Identification
• Tamperproof
• Multifunctional
• Convenient
• Access to a gateway of Services
• Possibility of bank linkages for Micro-Credit

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Conclusion

• Skills formation delivers not only needed
  economic benefits but important social benefits
  as well.
• "Skilling a Million Indians" is a catalytic
  project of CII.
• Need for Quality Certification which is credible
  at Regional, National and International levels.

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Focus on Developing Human Resource
Countries that get addicted to selling their
natural resources rarely develop their human
resource and the educational and innovative
companies that go with that. So, after the ore
has been mined, the trees cut, and the oil
pumped, their people are actually even more
behind. Thomas Friedman
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We need to do more to get each stakeholder deeply
involved, to have a sense of where society is
going. Professor
Jagdish Bhagwati
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What we need is a. Thought Shift

• We need a thought shift from employment to
  employability from providing fish to teaching
  how to fish.
• Our progress will not be worth the trip if we do
  not give a majority of our people the strength
  and self esteem that comes with a job .
• The Journey has just Begun..

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India EU

• Relations go back to early 1960.
• India EU Key Trading Partners
• Demographic Dividend
• Shared Values
• Democracy
• Pluralism
• Liberalism
• Open, Inclusive Societies

EU
India
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Thank You