Friday, June 2, 2017

INDIA SKILLS REPORT-2017

FEW HIGHLIGHTS OF INDIA SKILLS REPORT-2017

(Coverage- 5, 60,000 students across 29 states& 7 Union Territories and 125+ Employers)

Objective of the report:
To create standard reporting guidelines on potential skill supply-demand gap, that can provide insights into the hiring trends of the market while understanding the needs of the job seekers and organizations.

Preamble:           With “ PeopleStrong” as Knowledge Partner , “AICTE” as Academic Partner and “ CII” as India Partner with support from “ Wheebox” ( Online Talent Assessment Company of India) has come up with this report.
Technical Education growth has been phenomenal in the recent past. Total No. of Engineering (UG) and Polytechnics approved by AICTE till the AY 2016-17 are 3285 & 3925 respectively with sanctioned intake of 1553360 and 1244778.
Making this talent pool employable is really a task. The India Skill Report 2017 brought up by CII, People strong, Wheebox, UNDP & AICTE is a step in strengthening the skill landscape through Quantitative and Qualitative assessment of the demand and supply sides of the labor market. It brings on surface, a no. of eye-opening facts which we all should understand thoroughly.
The report highlights the employability factor of the youth from across the country with different educational backgrounds and also highlights needs and expectations of the employers’ thereby facilitating better match.

Facts:    Despite large cross section of population being eligible to work, a no. of jobs simply remain unfilled in the absence of right candidate. India Skills Report 2017 is an effort that aims to take stock of the talent landscape of India-its challenges and impact on economy growth. It captures the skill levels of the supply side, the employability skill assessment test and needs of the demand side of the Talent Supply Chain as captured by India Hiring Intent Survey.  
The survey was carried out across 29 states and 7 Union Territories, 3000 educational campuses all over the country and about 5.6 lakh candidates were assessed on Parameters such as Knowledge, skill aptitude and behavioral components. Skill gaps that emerged out depicted an overall picture of how the students rank in terms of skills that would be imperative to gauge the employability in the coming years.
The other side approached close to 125 employers from 11 major sectors (Manufacturing, IT, ITES, BFSI etc.)

A Brief Snapshot :

The report indicates skill expectations from industry in general. It is interesting to see that domain expertise alone is playing a small role. Other attributes such as Learning ability, performance focus (result orientation), adaptability, interpersonal skills, integrity and values, communication, numerical and logical ability, cultural fitment occupy more space.


The employers have underlined following requirement of skills-

·         Learning Ability (12.78%)
·         Domain expertise (19.30%)
·         Integrity & Values (15.29%)
·         Communication (13.78%)
·         Numerical & logical ability (9.77%)
·         Cultural fitment (10.28%)
·         Adaptability (6%)
·         Result orientation (8.52%)
·         Interpersonal skills (3.76%)

The industry is also clear on its sourcing channels-

Source
Percent
Referrals
23.83%
Job Portals
21.6%
Consultants
20.35%
Social Media
13.76%
Campus
12.75%
Job Fairs
2.7%
Others
5.02%

The report also tries to bring couple of interesting facts. When it comes to capturing best performers in skills, the picture that emerges out is something like this-

English
Numerical Abilities
Critical Thinking
Computer Skills
W.B.
W.B.
Delhi
Rajasthan
Maharashtra
Delhi
W.B.
Delhi
Rajasthan
Maharashtra
Rajasthan
Maharashtra
Telangana
Bihar
Maharashtra
W.B.
U.P.
Haryana
Karnataka
Karnataka
Karnataka
U.P.
Kerala
U.P.
Haryana
A.P.
H.P.
A.P.
A.P.
Kerala
A.P.
T.N.
T.N.
H.P.
Haryana
Telangana
Gujarat
Rajasthan
M.P.
Gujarat

It is interesting to note that states like Maharashtra, Delhi, W.B. and A. P. are there in all the lists, three states (Maharashtra, W.B. and A.P.)have featured in top 10 states based on overall scores. These states therefore are attractive hiring destinations.


AGE WISE EMPLOYABILITY ANALYSIS

Age Group
States having most employable candidates
18-21
W.B. Maharashtra, Rajasthan, Karnataka, U.P. A.P., Haryana, Telangana, Gujarat,  T.N.
22-25
Delhi, U. P. Rajasthan, Maharashtra, Karnataka, Haryana, A.P. T.N. Kerala, W.B.
26-29
Delhi, W.B. Haryana, Bihar, Karnataka, Rajasthan, Maharashtra, U.P. A.P. T.N.

STATES WITH MAX. MALE & FEMALE EMPLOYABLE CANDIDATES
MALE                                                            FEMALE

W.B.                                                                 Rajasthan
Maharashtra                                                      A.P.
Haryana                                                            Karnataka
U.P.                                                                   Telangana
Karnataka                                                         Maharashtra
Gujarat                                                              W.B.
Rajasthan                                                          U.P.
Telangana                                                         Haryana
A.P.                                                                   T.N.
T.N.                                                                   Gujarat

The report further indicates expected salary ranges, which can direct the employers to those states for their hiring requirements-

Salary expected up to 2 L
Salary range 2- 2.6 L
Salary > 2 L
T.N.
U.P.
Maharashtra
A.P.
Gujarat
T.N.
Maharashtra
U.P.
A.P.
Karnataka
Maharashtra
T.N.
U.P.
A.P.
Rajasthan

               
Conclusion:        The Skills Report has created an interesting repository from Industry and Academia on one platform. Some facts that the report has highlighted are- No. of employable candidates has marginally improved over last year. Hiring sentiments are positive with approximate 10% increase in hiring from last year’s numbers. The report has a special segment on female skilling and job market participation which can be discussed separately in near future.

Dr. N. H. DESHPANDE
(SOURCE- INDIA SKILLS REPORT 2017)
Note:- For more details please refer the report.


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