A serious warning has been issued by UNICEF stating that about half of South Asian youth by 2030 will be jobless due to the lack of skills. A very scary and a pressing issue has surfaced via a statement that UNICEF head Henrietta H Fore has issued.
She said, “Every day, nearly 100,000 young South Asians – a large sports stadium of young people – enter the labor market, half of them are not on track to find 21st century jobs. South Asia is at a critical juncture, with a limited window during which it can reap significant demographic dividends from its talented and capable youth,”
As per her opinion, the abilities and aptitudes of the country’s youth shapes the status of the economy. But also Fore raises a blunt warning saying, “Get it right, and millions could be lifted out of poverty. Fail to do so, and economic growth will falter, youth despair will rise, and further talent will be lost to other regions”.
India’s Take on Unemployment
As per the Centre for Monitoring Indian Economy (CMIE), the unemployment rate is at 8.45%. These numbers are expected to further shoot up because more and more sectors of auto, telecom and IT are taking a plunge into the ongoing slowdown.
What’s an even more glaring issue, the major technology conglomerates like Capgemini, Cognizant and Infosys have declared to cut down about 500 senior level posts. Add to this figure the dangling position of about 100,000 employees of BSNL vendors as the telecom operator hangs in dues of about 200 billion rupees.
Looking at these figures, Fore has also nudged the Indian Government to take a step and look into this issue for improving the future of the Indian youth.
Measures have been taken by Smriti Irani, Minister of Women and Child Development to skill it’s youth aged 10 to 24 years of age.
As reported by Indianweb2, India’s Minister for Women and Children Development, Smriti Irani has taken a step to initiate to transform and add to the growth of education, skills and employment in the face of India. This she plans to chalk out via the platform called YuWaah. Hands in hands with many national and international partners, YuWaah has made some groundbreaking promises and problems to deal with.
Present at this launch was UNICEF Executive Director, Henrietta Fore, who gave her felicitations to the Prime Minister and his Government, for coming up with such leadership and stirring the entire nation in this direction which aims to Target the transition between school and employment. Along with this Mail Fore also made it public that UNICEF stands United and in support of this start-up venture by India and also in a way encouraged partners worldwide to get together and promote to work into this venture by engaging the people of the youth.
Via- Business Insider