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Showing posts from September, 2019

ENSURING EMPLOYMENT FOR A 600 MILLION Workforce

With the workforce estimated to reach 600 million by 2022 as per the NSDC EY report on “Future of Jobs in India”, most job portals existing today, will be able to cater to only 20% of this population which accounts for the White-collar workforce. In a country dominated by informal workforce, job portals have evolved only for the white-collar workforce and the disparity among White, Blue, and Grey collared jobs is staggering and quite highly unresolved. The job engagement for White Collared workforce has been digitalized rapidly in the last 2 decades. Low cost smartphone revolution and wide network connectivity have made it easier to bridge the gap between opportunities and job seekers. Pursuant to a 2012 report of the Committee on Unorganised Sector Statistics, National Statistical Commission, the unorganized or the informal sector account for more than 90 percent of the workforce in the country and almost 50 percent of the national income evolves from this sector. Not much has c...