Engineering graduates are steering the service industry

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.

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