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Title: Gap between academic output and industrial requirement in present Era- Challenges for Higher Education in India

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Title:
Gap between academic output and industrial requirement in present Era- Challenges for Higher Education in India
Author Name:
Dr.Neetu Singh, Dr. Rishikant Agnihotri, Dr.K.G.Chaubey
Abstract:
The lacking of appropriately skilled labour across many industries is emerging as a significant and difficult challenge to Indias growth and future. Today is a growing skills gap reflecting the slim availability of high-quality college education in India and the galloping pace of the countrys service-driven economy, which is growing faster than most countries in the world. As businesses propose to double and triple their workforces and India Inc. strives to maintain its position in the global marketplace, it has become imperative to prepare and plan for a world-class, competent, talented and innovative workforce. India as a nation which have huge population base and out of the total population nearly 35% are between the age group of 15 to 21 where they are in a situation to enter the work place once they finish the education stream. But, due to lack of skill requirement and mismatch for industry, many people fail to enter in to the job market. There is need of higher education role to fill the gap. The main of role for the higher education sector is to supply suitably skilled graduates to the work place. However, the ability of the higher education sector to achieve this task has been questioned. Consequently, there is need some change in higher education curricula. Education is considered to be a process of skill formation and in this aspect it is treated at par with the process of capital formation. Economists argue that as demand for educational training increases, the systems need to meet the countrys requirement for people with high levels of skill and knowledge. But the major stumbling block in this growth path is the inadequate skill set of the workforce. While on the one side we have the world’s large stock of scientists, engineers and management graduates, we have been unable to derive full economic benefit from this talent base because of the mismatch between industry needs and institutions output.
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