India’s education system is not keeping pace with rapidly evolving technology, resulting in difficulty in finding suitable candidates where millions are unemployed, FICCI president R.V. Kanoria said on Thursday.
“We have a paradoxical situation in our country. Employers complain of not finding suitably skilled candidates and on the other hand there are millions of unemployed in search of jobs,” Kanoria said at the 5th Global Skills Summit, organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) here.
Kanoria said an outdated education system and lack of emphasis on vocational training was resulting in a paradoxical situation in the job market.
“There is an obvious mismatch caused by the inability of our education system to keep up with rapid and constantly evolving technology,” Kanoria said while addressing inaugural session of the two-day summit.
Kanoria, who is also the chairman and managing director of Kanoria Chemicals and Industries Limited, said there was a need to give adequate attention in the education system to the requirements of employers.
“A prominent factor of this mismatch is the lack of adequate mapping of the requirements of the learners. Another factor contributing to the mismatch is the low esteem associated with vocational education,” he said.
The theme of the 5th Global Skills Summit, organised by the FICCI in association with the ministry of labour and employment, government of India, is “learner first”.
Kanoria said the demands for skilled trainers is set to increase sharply in the coming years.
Referring to a National Skill Development Corporation (NSDC) report, Kanoria said the demand for vocational skill trainers, including technical trainers is estimated to be about 40,000 annually.