Sunday, Oct 24 2021 | Time 21:56 Hrs(IST)
image
Business Economy


Developed states not adding to skill sets; face big gaps: Study

New Delhi, May 26 (UNI) The most economically developed states are not adequately adding to skill sets, which may result in the severe shortages of skilled manpower in the coming years, with Maharashtra leading the table followed by Tamil Nadu.
According to an ASSOCHAM-Thought Arbitrage Paper, other states which lack in creating skilled manpower include Haryana, Gujarat, Kerala, Himachal Pradesh and Punjab, said the paper.
By 2022, the biggest deficit in supply of skilled labour force is expected to be faced by Maharashtra, with the number pegged at 48.9 lakh persons, according to the paper. Tamil Nadu comes close second with shortage of 46.3 lakh.
"These two states together account for more than 70 per cent of the skills deficit in these seven states (mapped by the paper) with highest per capita NSDP and large skill gaps. Haryana and Gujarat are expected to face shortage of approximately 13 lakhs and 11 lakhs persons respectively by 2022. Kerala, Himachal Pradesh. and Punjab are likely to witness skills shortage of about five lakhs each by 2022," it said.
In terms of verticals, construction, building and real estate would have incremental human resource requirement of 31 million in the next five years, while retail sector would need about 17 million additional work force.
Other sectors generating employment opportunities through skill up- gradation include beauty and wellness (10 million), transportation and logistics (12 million), furniture and furnishing (7.2 million) and handloom, handicrafts (6 million). Textiles and clothing would require additional 6.3 million people and tourism and hospitality 6.5 million.
"Our mapping of the skills shortages suggest that committing resources to training and skill upgradation would serve the twin purpose of employment creation as also helping the industries to grow in a cost effective manner," said ASSOCHAM Secretary General D S Rawat.
UNI ADP RSA SHK 1630
More News
Jammu Traders delegation calls on Amit Shah, submit memorandum

Jammu Traders delegation calls on Amit Shah, submit memorandum

24 Oct 2021 | 9:34 PM

Jammu, Oct 24 (UNI) A delegation of Chamber of Commerce and Industry (CCI) Jammu on Sunday called on Union Home Minister Amit Shah and raised issues being confronted by the people of the region.

see more..
KTM reconstituted; President & Secretary re-elected unopposed

KTM reconstituted; President & Secretary re-elected unopposed

24 Oct 2021 | 7:50 PM

Kochi, Oct 24 (UNI) Kerala Travel Mart (KTM) reconstituted its managing committee by re-electing unopposed Baby Mathew as the President and Jose Pradeep as the Secretary.

see more..

Meenakshi Mission Hospital Bags FICCI Healthcare Excellence Award 2021 for Digital Innovation

24 Oct 2021 | 7:45 PM

Kolkata, Oct 24 (UNI) Madurai’s Meenakshi Mission Hospital & Research Center has bagged the 13th edition of FICCI Healthcare Excellence Awards 2021 in the category of Digital Innovation in Healthcare. The Award has been conferred on the hospital for its introduction of Teladoc Health Robots in June 2020 to keep doctors, patients and healthcare workers safe during the pandemic and prevent the spread of Coronavirus infection. These Telemedicine robots, the preferred choice of six of the World’s best hospitals, have been introduced in India for the first time by Meenakshi Mission Hospital.

see more..
Lupin makes a hearty entry into Guinness World Records

Lupin makes a hearty entry into Guinness World Records

24 Oct 2021 | 7:26 PM

Mumbai, Oct 24 (UNI) Pharma major Lupin said that it has achieved a significant milestone by setting a new GUINNESS WORLD RECORDS™ title for creating the largest book sentence.

see more..

Cochin Airport ventures into hydro energy production, CM to inaugurate 1st hydel project on Nov 6

24 Oct 2021 | 7:25 PM

Kochi, Oct 24 (UNI) After achieving the status of world’s first airport fully powered by solar energy, Cochin International Airport Ltd (CIAL) ventures into hydro power production as its first power plant will be commissioned by Chief Minister Pinarayi Vijayan on November 6, 2021.

see more..
image