Syllabus: GS-III
Subject: Economy
Topic: Unemployment and issues
Issue: Educated Unemployment
Context: Engineering graduates are moving towards service sector
- As per an industry report, about 80% of graduate engineers end up in a non-related and non-technical job.
- The reason behind this – Critical thinking, problem solving, creativity, and innovation, dealing with ambiguity, adaptability and flexibility ingrained in their education.
- This evolving nature of job market demands a recalibration from the education ecosystem towards curriculum design and pedagogy.
- A generic course such as service engineer need to be designed.
- This course will emerge as attraction option for students from tier 2 and 3 cities.
- Women will be inclined towards this course due to flexibility in the job opportunity.
- By catering the demand of skilled professional for service industry, India can position itself as global leader in innovation for service industry.
+1 Advantage for mains (Data Point)
·        As per Periodic Labor Force Survey (PLFS-7) the women’s participation in the workforce is nearly 37%. ·        According to Statistica, only 57% of engineering graduates are employable. ·        As per All India Council for Technical Education commissioned report-less than 60% of available engineering seats have enrolment. ·        Service sector contributes 53% of India’s Gross Value Added (GVA) versus the 28% of the industry sector. ·        31% of employment is generated in the services sector versus 25% in industries. |