Educational institutions producing skilled workforce should equip their students with employable skills being required by the industry so as to reduce the long queues waiting in front of employment exchanges and change the situation of unemployment, M. Velmurugan, Executive Vice-Chairman, Tamil Nadu Industrial Guidance and Export Promotion Bureau, said.
Delivering the keynote address at ICT Academy of Tamil Nadu’s ‘Educators’ Summit’ here on Wednesday, he said the institutions and the industries should make use of the human resource in the ‘working age,’ between 24 and 65, to spur growth rate and transform India into a developed nation.
Even as Asian giants like China and Japan were facing the problem of ‘aging workforce,’ India had been placed in a relatively advantageous position of housing 470 million persons in the ‘working age’ group. Since this highly productive group was prevalent everywhere – 46 per cent in urban areas and 52 per cent in rural areas – the institutions and the industries should make use of this human resource with immense potential.
“Of the 4,000-odd foreign companies, which have made significant investments in Tamil Nadu, 523 companies are from Japan. Since most of the Japanese technocrats do not know English, a fair knowledge about Japanese or Korean will help students get employment with attractive package in the companies coming up in Tamil Nadu,” Mr. Velmurugan said. He observed that performance of engineering and arts and science students from tier 2 and tier 3 cities in the examinations being conducted as part of recruitment process was far from satisfaction.
“Educational institutions should concentrate on making their students employable by equipping them with employable skills at a time when the demand for skilled workforce in 2017 will be over 16 lakh,” he said.
Collector M. Karunakaran, Vice-Chancellor Manonmaniam and heads of various software companies spoke.