Unemployment has grown to be a major catastrophe across the country for years now. Despite the country’s literacy rate witnessing progressive growth, India still suffers unemployment, this issue has a severe impact on the country’s economy. Indian economy majorly relies on the middle-class people who are employed in salaried jobs as well as entrepreneurship. According to sources, the average unemployment rate in India falls to 8.80 percent from 2018 to 2020. However, it reached an all-time high of 23.50 percent in April 2020. Although this number rise has been due to the pandemic, it has fallen back to 6.7 percent in September and raised to 7 percent in October 2020.

Despite the scarcity of opportunities or other issues the vital reason for unemployment is cited as a lack of skilled education in India. Today, every sector functions based on skills and it demands skilled employees that the Indian education system fails to cultivate among students. The Centre for Monitoring Indian Economy (CMIE) has revealed that approximately 11 million jobs were lost in 2018 raising the unemployment rate to 7.38 percent.

Union Minister, Arun Jaitley said, “If the economy is growing at 12 percent nominal growth for the last five years, it would be an economic absurdity to say that such large economic growth, the highest in the world, doesn’t lead to the creation of job. If no job creation takes place then there is social unrest. This has been a peace period where no major social agitation has been witnessed in the last five years.” (Source: The Wire)

Every child is enrolled in school and then to college with a dream to acquire an ideal job and a better future. But, with the current education system, this expectation turns to be a wrong assumption, as the country’s academic training is not aligned or do not meet the corporate requirements. Thus, the educational institutions must consider switching the coaching format from the present theoretical tutoring to practical training.

In India, when it comes to education all the activities fall on the teacher, where they plan the activity and perform it as well and the students are expected only to memorize the study material given to them. However, this curbs the child’s thinking capacity and restrict their thought process within the syllabus set by the educational institutions or university.

In the contrast, the western countries implement a more student-oriented education system, which encourages every student to think independently and develop a lot of corporate-friendly traits among the students such as problem-solving skills, creativity, critical thinking, analytical skills, and more.

Today, when any candidate appears for an interview the above-mentioned skills are checked for as they are essential in the corporate world and not the one trained in rote learning. Thus, educators should stop forcing the student to memorize and in turn encourage them to understand the concept which would be more helpful in their day-to-day life. Also, with this method, the student would gain knowledge on the subject and eventually land in the jobs that are relevant to their skills and not a random one for the sake of working.

India’s unemployment problem is not just affecting the country’s economy but in fact, it is having a major impact on the large number of kids attending the school and other young individuals. Earlier, India has strived hard in convincing people to attend school by introducing mid-day meals, free education, and various other benefits. From zero the country has evolved to bring in 97 percent of children between the age group of 6-14 to schools, says, Annual Status of Education Report (ASER). Also, most of the students continued to pursue their higher education and obtain honorable degrees.

However, these measures of the government as well as the parents and children are going to a toss due to traditional rote learning implement in schools and even some colleges are curbing all opportunities of the young minds to evolve and result in shattering their dreams.

Therefore, the government as well as the educational institution could consider reducing the traditional theoretical lesson and induce more practical coaching. Alongside this, they could also give equal importance to other curricular activities such as group projects, debates, presentations as the academics itself, as these activities help the student to develop their personality and build confidence which is very crucial in the present competitive world.