Skills Mismatch between Industry needs and Institutions Output–Challenges for Higher Education in India

S.Murugaia; Dr.V.Kubendran; Dr.A.Vimala

Volume : IV, Issue : IX, September - 2014

Skills Mismatch between Industry needs and Institutions Output–Challenges for Higher Education in India

S. Murugaia, Dr. V. Kubendran, Dr. A. Vimala

Abstract :

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 country’s 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.