Monday, April 6, 2009

India’s pride of being a ‘young’ nation is just a gas ball of ‘illiteracy’!

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

Boast about it, folks!!!

Currently, India has a workforce of 549 million. Of this, the total rural workforce accounts for 407 million, now that implies that a whopping 74% of our young and seemingly employable youth live in rural areas. What’s worse, close to a thumping 60% have agriculture as their primary source of livelihood. This indirectly implies that we just have a shameful 40% engaged in basic manufacturing or services. Even by the most optimistic of estimates, market reports suggest that a shameful 40% of the current total workforce is illiterate and another 40% have no high-school degree. That basically means that a shameful 20% (109 million) qualify as high-school passouts (and we boasted about India being a ‘young’ & a ‘knowledge’ economy!)... The proof of the problem lies in the fact that rural India, despite being home to 74% of our workforce, contributes just 18% to India’s GDP!

These simple statistics reveal the deplorable condition of our rural workforce, a story of a hopeless, downcasted Indian future. Today, skill-based training, clubbed with proper awareness about potential markets remain the only panacea. Young, but illiterate – India can’t be proud of it (or is it?!)...

For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

ZEE BUSINESS BEST B SCHOOL SURVEY

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