Episode 8: In Pursuit of 100Mn New Jobs

An interesting article in the Mint by Niranjan Rajadhyaksha (“Expand the ā€˜missing middleā€™ to fix our problem of job creation”) talked about the need for India to create 100 million new jobs over the next 10 years. This will require 100,000 new companies (small & medium businesses) that can each employ a few hundred to be created. We need 100K new entrepreneurs.

What could hold them back?

The good news is that entrepreneurship (over traditional careers) has started to become acceptable to many youngsters and experienced adults. The not so good news is that entrepreneurship has been equated with the tech, VC-funded startup world. This must be expanded to include more “traditional” businesses.

Secondly, our education (college) system is a colossal waste of resources. It does not prepare youngsters for jobs, and less so for entrepreneurship. We must shrink our colleges and create new ones in their place which focus on what almost every ‘student’ cares about: jobs.

Creating 100 million jobs is not an impossible task. We must change the narrative around jobs.

To learn how GlobalGyan helps students and professionals prepare for jobs and careers, do check out globalgyan.in, connect with us at programs@globalgyan.in or send a Whatsapp message to +91 892 843 9578.

Related Articles

The Future of Schools

Our school system is designed for linearity and mediocrity, an assembly line over spread over 12 years.

Can we use the Covid disruption to reimagine a different system, one that solves the problems of inadequate teachers and lack of choice?

Srinivasa Addepalli takes inspiration from the traditional Gurukul system to offer some suggestions.

Gyan Cafe

Get bite-sized learning nuggets delivered to your inbox directly

  • Share your views on a weekly question.
  • Actionable insights on navigating leadership challenges.
  • Seek guidance from industry experts.