UNDER-EMPLOYMENT and UNEMPLOYMENT
of graduates from Technological Colleges


If our graduates are under-employed or unemployed, there can be only two reasons:

(i) Our Technological Colleges and universities are turning out in-adequately trained graduates: If our students and professors decide to work hard to see that every one of the graduates is well-equipped with knowledge and skills, this problem can start getting solved within two years.

(ii) There are some fields in which our enterprises are able to meet the needs of our nation completely and the enterprises do not need any expansion: This is unlikely to be true since if we want to offer a good quality of life to our citizens, the needs should be so large in every field that the nation may have to  work hard for a few decades before we reach a stage of saturation.  

India’s share in the markets of the world is of the order of 2%. The markets of the world are dominated by China even for products, which require conventional technologies to manufacture. An Indian’s per capita income is of the order of 20% of that of a Chinese.

Hence if only we are able to manage our enterprises, our marketing efforts and our infra-structural systems better, we should be able to steeply increase the value of our goods, which we produce and market to the whole of the world.

While some of the effort for reaching the markets of the world is to be made by the governments, most of the work is required to be done in our enterprises.

SOLUTION:  
          1. If the students, professors, colleges & universities decide to accept the 
                   challenge of inadequate training and
           if our enterprises decide to manage themselves better and become competitive
                in the markets of India and of the world,
every one of the graduates from our technological Colleges should be able to obtain good employment opportunities.

2. The government institutions working in export promotion and industrial extension should look at the ways of reducing the cost of production and marketing in the world’s market, so that enterprises can use our demographic dividend and our much lower per capita income in India as compared with that of China to increase our share of the world’s market.

Let India Inc, at the government institutions, at the academic institutions and at enterprises, decide to start solving the problem during Vikrami Samvat 2074.

Akshai Aggarwal                                                                           22nd October 2017

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