Thursday, 17 October 2024

Insights about the World's Largest Workforce!

India owns the title of world's largest workforce with over 500 million people actively employed. That's a massive quantity but what about the quality? 

As per the World Bank, approximately 87% of the Indian workforce lacks the skills needed for the present job market. This reality breaks heart but as the IT and services sectors boom, there’s a massive push for upskilling and reskilling, with programs like Skill India aiming to train 400 million people and more. But did the training program succeed in solving the skills crisis? Not exactly! 

To become the world's best workforce along with being the largest workforce, government schemes must focus on effective models that can bridge the skills gap and provide maximum exposure to the skills required in the job market. 

If you are planning to build the best workforce for your firm, contact AideWiser because we will serve you not only the quantity but also the quality! 

What's your take on the world's largest workforce? Share your opinions in the comments!