Director's Blog

I quote the recent remarks of the Union HRD Minister,"…..skill development is going to be make or break for India's demographic dividend to pay off….." This statement is based on a "skill-audit" conducted recently. This is a profound observation with important implications. To illustrate, if a banker has a credit portfolio of hundred clients, and out of them 90 are bad, then the prospect of the bank is destined to be doomed. As against, if 95 accounts are regular and good, this becomes the stimulus for growth. Likewise, even for a nation. If 60 out of hundred are unskilled, what is the future of the country irrespective of the size of the population. India is presently at this stage. We are a young nation, in the sense, over 60% of the population is less than 35 years old. While this is an advantage, it can turn out to be a disaster if the youngsters do not possess employable skills. I see this distortion in the management education too. Waves and waves of MBA degree holders are being churned out by a plethora of management institutions. But, how about their quality? I doubt it. In spite of the fact that they are MBA degree holders, their skill-sets are so poor that they are not readily employable. It is this mismatch that institutions like RIMSR need to address, and impart specialized skills to these youngsters.

Dr. Chandrashekar S S, Director (Emeritus)

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