TOPIC:BUILDING SKILLSET:YOUTH UNEMPLOYMENT

UNTRACEABLE TALENT:

CENTRALIZATION OF JOBS AND VACANCIES.

TEAM DETAILS:

SUMIT SOMANI

SURAJ SONGIRE

PRASANNA RENUSHE

RAJESH VADDE

MUGDHA PATIL

INDIAN POPULATION COMPRISES OF ABOUT 36.3% OF YOUTH AGE BETWEEN 20-44.

If this whole % is brought under working category ,INDIA WILL BE AMONG DEVELOPED COUNTRIES.

CAUSES FOR UNEMPLOYMENT

ILLITERACY

LACK OF ATTENTION BY AUTHORITY

POPULATION EXPLOSION

CORRUPTION IN POLITICS

BAD WORKING CONDITIONS FOR WORKERS

ECONOMY DEPRECIATION

35

65

2001

ILLITERATES

LITERATES

26

74

2011

ILLITERATES

LITERATES

ONE WAY TO TACKLE WITH THE UNEMPLOYMENT OF YOUTH ISSUE IS THROUGH CENTRALIATION OF COMPANY’S VACANCIES AND JOBS.

BASIC CONCEPT

o OVERINCREASING POPULATION OF METROPOLITAN CITIES DUE TO CITY CRAZE AND LACK OF JOB OPPORTUNITIES FOR WORK FORCE IN SMALL CITIES AND VILLAGES.

o ESTABLISHMENT OF CENTRALIZED INSTITUTE FOR EMPLOYMENTDISTRIBUTION.

APPROACH

o REGISTRATION OF UNEMPLOYED/PARTIALLY EMPLOYED AT VILLAGE CENTER UNDER THE INFLUENCE OF CENTRAL GOVT.

o TO LAUNCH AN OFFICIAL WEBSITE WHERE THE DATABASES OF ALL JOB PROVIDER COMPANIES,THEIR VACANCIES AND THE JOB SEEKERS PROFILE RECORD.

ADVANTAGES OVER EXISTING SYSTEM

o THIS SYSTEM WILL INCREASE THE YOUTH EMPLOYMENT SIGNIFICANTLY.

o THIS SYSTEM WILL PROVIDE A NATIONWIDE JOB OPPOTUNITY NETWORK TO ALL THE UNEMPLOYED YOUTH OF INDIA.

WE WILL SET UP A NATIONAL LEVEL EMPLOYMENT DEPARTMENT

SMALL ADMINISTRATIVE LEVEL

DISTRICT LEVEL

DISTRICT HEADQUARTERS LEVEL

STATE LEVEL

NATIONAL LEVEL DEPARTMENT

•WE HAVE DIFFERENT HIERARCHY LEVELS IN ORDER TO EXECUTE THIS NATIONAL LEVEL POLICY. •THIS CAN BE ELEBORATED FROM THE FIGURE:

THE SYSTEM WILL BE WORKING IN 3 TIER:

REGISTRATION OF COMPANIES AND UNEMPLOYED YOUTH WILL BE DONE AT THE CENTERES ESTABLISHED AT EACH LEVEL.

REGISTRATION PROCESS

REGISTRATION

COMPANIES

1.JOB PROVIDER COMPANIES SHALL REGISTER TO OFFICIAL WEBSITE WHERE THEY SHALL GET THE COMPANY ID.

2.THE REGISTERED COMPANIES SHALL UPDATE THEIR VACANCIES REGULARLY.

3.AT THE TIME REG. COMPANY SHALL PROVIDE CRITERIA FOR VARIOUS JOB DESIGNATION.

JOB SEEKERS

1.REGISTRATION WILL BE CARRIED OUT ONLINE AND OFFLINE BASIS.

2.ONLINE FORM SUBMITTED WILL BE PROVIDING AN USER ID.

3.FOR OFFLINE PROCEDURE,CANDIDATE SHALL SUBMIT THE FORM TO THEIR RESPECTIVE CENTRES.

4.IT WILL BE RESPONSIBILTY OF THE CENTER TO CONVERT OFFLINE FORMS TO ONLINE FORMS AND PROVIDING THEM USER ID.

FINANCIAL ASSISTANCE IS PLANNED FROM THE MAIN SECTORS WHICH GET BENIFETED THROUGH THIS SCHEME

FUNDS AND MANAGEMENT

SCHEME FINANCE.

COMPANIIES

• COMPANIES SHOULD BE MADE TO PAY CONSIDERABLE AMOUNT WHILE REGISTRATION..

CANDIDATE

• EVERY CANDIDATE SHOULD BE MADE TO PAY 10% OF THEIR FIRST SALARY

GOVERNMENT

• 50% OF THE FUNDS FOR THE POLICY MUST BE PROVIDED BY COOPERATION OF CENTRAL AND STATE GOVERNMENT

EXECUTION

UNEMPLOYED YOUTH

COMPANIES VACANCIES

THE EXECUTION UNIT WILL INTERTWINE THE CAPABLE UNEMPLOYED YOUTH TO RESPECTIVE EMPLOYMENT SECTORS

•THIS LINK WILL BE SET THROUGH MONTHLY JOB FAIR WHICH WILL BE HELD BY THIS DEPARTMENT AT DISTRICT LEVEL.•THE ONLINE FORMS REGISTERED ON THE WEBSITE WILL BE SORTED ACCORDING TO THE CRITERIA AS GRADUATE AND NON GRADUATE.•GRADUATED APPLICANTS WILL BE SENT TO THEIR RESPECTIVE DEPARTMENTS LIKE IT,BANKING,MANAGEMENT,ARTS AND SCIENCE,ETC.•SIMILARLY NON-GRADUATE APPLICANTS WILL BE SENT TO THEIR RESPECTIVE WORKS.•VACANCIES OF INDUSTRIES WILL ALSO BE SIMILARLY DIVIDED AND FINALLY ACQUIRED BY THE JOB SEEKERS ACCORDING TO THEIR ABILITY.

• THIS SCHEME WILL HELP TO STOP BRAIN DRAIN FROM COUNTRY.

• THE CURRENT CAPACITY OF EMPLOYMENT PROGRAMS IS 3.1 MILLION PEOPLE SO BY EXECUTING THIS PROGRAM WE CAN ACHIEVE THE TARGET OF 50 MILLION BY YEAR 2022.

• THIS PROGRAM WILL SUCCESSFULLY PROVIDE JOBS TO ALL THE DESERVING PEOPLEHAVING TRUE CALIBER.

• IT WILL ALSO HELP TO BRING OUT THE TALENTED YOUTH FROM EACH AND EVERY REMOTE AREAS OF INDIA.

• IN 2013 INDIA’S GDP GROWTH RATE IS 1.27 SO IT IS EXPECTED TO REACH AROUND 2.33 BY YEAR 2022.

• THIS WILL DEFINITELY GAIN EXTRA MOMENTUM FOR INDIA TO STEP TOWARDS A DEVELOPED COUNTRY AS IT WILL STRONGER SUPPORT OF OUR YOUTH.

ACCOMPALISHMENTS BY IMPLEMENTING THIS PROJECT

CHALLENGES AND RISKS

WE MUST HAVE A CLEAR VISION TO

IMPLEMENT SUCH A BROAD NETWORK

THROUGHTOUT THE COUNTRY.

IT WILL TAKE CONSIDERABLE

AMOUNT OF TIME TO REACH TO RURAL

AREAS OF THE COUNTRY.

CORRUPTION MAY BECOME A PROBLEM

AFTER IMPLEMENTING SUCH A HUGE

NETWORK

INITIALLY, TO ATTRACT BIG PRIVATE SECTOR

COMPANIES MAY BECOME AN ISSUE.

APPENDIX

• REFERENCES

INDIAN CENSUS 2011

MINISTRY OF LABOUR AND EMPLOYMENT,GOVERNMENT OF INDIA

TRADING ECONOMICS OF INDIA

INDIAN ECONOMIC OUTLOOK,2013

EMPLOYEE PROVIDENT FUND SCHEME