Skilling Ecosystem: Challenges and their Impact on Competency Development
T he Skilling Ecosystem continues to struggle to develop desired competencies for their trainers & trainees the lack of which results in unreasonable failure rates and low placement percentages. The data made public by NSDC recently shows failure rates are more in the manufacturing sector as compared to the service sector job roles. Stakeholder at all levels are making positive contribution, however we still keep missing the goal by a big margin. What are the possible reasons? There is no one specific reason but a host of them cutting across the "Skills Value Chain". Their combined effect keeps us away from the fundamental goal of enhancing Competencies. To discuss a few: a) Setting up an ITI / Skill development center without linking it to the local and regional labour market survey, leading to a mismatch of demand and supply in the local area. Many times the focus is on choosing job roles with minimum investment disregarding the actual local requirements. b...