Job deficit may stymie India demographic dividend

Significance At 1.4 billion in 2022, India's population is expected to reach 1.7 billion by 2050 before levelling off. The projection also confirms that India can expect to sustain a 'young' population and improvements in its workers-to-dependents ratio until at least 2050. Currently, 65% of Indians are under 35 years of age and 90% under 59. The proportion of under-59s is still expected to be 80% in 2050 and 65% as late as 2100. However, questions arise over how far this 'demographic dividend' can be realised. Impacts India lacks a comprehensive policy to achieve energy security, which is necessary for promoting manufacturing. Near-term, tepid global demand dampens prospects for export-oriented manufacturing. India has yet to prioritise vocational training to facilitate employment; in this, India is not unlike China.

2017 ◽  
Vol 49 (4) ◽  
pp. 175-182 ◽  
Author(s):  
Geetika Malik ◽  
A. Venkatraman

Purpose The purpose of this paper is to emphasise on demand supply skill gap of human resources in India which would help generate reasons for the same and the necessary steps to be taken to improve the situation and bridge the skill gap helping maximum number of the students becoming employable. It will put an impact on various stakeholders about the steps to be taken in bridging the gap in India. Design/methodology/approach A review of available literature was done in order to understand the reasons behind the increasing skill gap despite a vibrant and abundance of young population. Findings The findings of the paper implicitly point out that a vast skill gap is prevailing in the Indian labour market and there is a dearth of human intellectual capital in India. Also it emphasises on the role of various stakeholders in bridging the skill gap by investing in workforce of today for a better tomorrow. Originality/value Based on literature review, the paper makes specific recommendations to various stakeholders (industry, academia, and government) in bridging the skill gap and would serve as a roadmap for companies guiding them to follow certain strategies to improve skills of future workers by investing in them and growing their own talent pool; and is an attempt to highlight the fact that India’s jobless growth is not going to reap the demographic dividend and certainly the increasing skill gap needs to be bridged ASAP.


Significance Price rises were underpinned by higher-than-expected steel production, requiring additional graphite for the industrial process. Prices were also supported by fresh environmental inspections of Chinese production hubs in several provinces, when plants with excessive emissions were banned from applying for a 'pollutant discharge permit' for up to three years. Impacts Given the size of its steel industry, China will continue to dominate the graphite market; it accounts for 55% of global demand. Graphite developers will benefit from investors’ interest in the battery sector. Talga’s Vittangi project in northern Sweden has been confirmed as the world's highest-grade graphite deposit. The unstable security situation in Mozambique raises questions about the near-term viability of graphite projects in the country.


Significance Comparisons with two formerly fast-growing Asian neighbours, Japan and South Korea, suggest that China will continue to slow for another decade. Analysis of global growth trends over 50 years points to a strong force of ‘regression to the mean’, meaning that continued high-speed growth is statistically unlikely. Impacts Continued Chinese economic slowing will reduce global demand for resources such as iron ore and coal. Achieving productivity growth will require deepening reforms to increase the role of the market, the private sector and competition. World Bank economists emphasise that imposing stricter financial discipline is a key step to enhancing market-based productivity gains.


Significance Although a ceasefire has been in place since October 2020, very little has been done during that time to integrate or demobilise the many armed forces and groups that exist across the country. The obstacles are formidable. Impacts Significant demobilisation and reintegration will not happen in the near term. Local security will continue to rest on fragile political and financial arrangements between armed groups and governing authorities. The current high levels of oil and gas revenue will tend to discourage unrest.


Author(s):  
E. Telegina ◽  
M. Tadzhiev

According to judgemental forecasts, in the next few years the revolutionary changes in the energy complex both in the USA and in the world in general are hardly possible, considering the enormous inertia of the energetic system and high expenses coming from the infrastructure supersession, even in case of cost-effective alternatives to the existing energy commodities. At the same time, the sharpening of energy security problems resulting from the growth of a global demand on energy products leads to perceprion of necessity for a new approach to forming the global energy market, and to development of new stability and reliability strategies maintenance for assured supplies of energy products. In recent years, the USA as the biggest consumer of energy resources in the world worked out a new national strategy of energy security provision. Its main targets are: meeting the requirements of the American economy of its own resources, lowering the import-dependence level, high use of innovation technologies, significant increase of investments in alternative energy sources, as well as of resource-and energy-saving.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Benjamin P. Dean

PurposeThis inquiry aims to determine the features and mechanisms that specially enable a multiteam system (MTS) to develop ambidexterity that can deal effectively with rapid changes in dynamic environments. The MTS is an emerging organizational unit comprised of tightly integrated networks of teams that may originate from one or more firms. The inquiry also considered how an MTS can engage those features and mechanisms to maximize ambidexterity as dynamic capabilities for increased innovation and long-term adaptation under complex, volatile conditions.Design/methodology/approachThis conceptual inquiry integrates the emerging research on MTSs with theory and studies relating to ambidexterity and dynamic capabilities. This inquiry focuses on the attributes and linkages that specially characterize an MTS. It analyzes these to determine the key mechanisms and interactions enabling and engaging ambidexterity at MTS unit level.FindingsMTSs can engage powerful mechanisms for ambidexterity functioning as dynamic capabilities at meso-organizational level. The attributes and linkages that distinguish an MTS from other units enable it to deal effectively and efficiently with near-term task demands by simultaneously balancing the essential tasks of exploration and exploitation, and by being able to rapidly adapt by reconfiguring taskwork and reallocating resources as required for sustainable innovation and long-term success within a dynamic environment.Practical implicationsThis inquiry provides valuable insights for designing MTSs that are equipped with selected teams, flexible memberships, specialized skills and permeable interfaces. Autonomy for an MTS allows the unit to span internal and external organizational boundaries to gain access to new discoveries and to exchange information and material resources for increased innovation. Ambidexterity as dynamic capabilities facilitates exploitation of current resources by efficiently reconfiguring taskwork and reallocating materials for adaptation and competitive advantage.Originality/valueThis inquiry appears to represent the most integrative effort to examine the underexplored potential of MTSs for developing and engaging ambidexterity functioning as dynamic capabilities. The inquiry appears to be a first effort at articulating a concept of MTS ambidexterity distinct from organizational ambidexterity. The analysis synthesizes a systems model that guides organizational leaders and opens new opportunities for future research.


Author(s):  
Shivesh Pandey

<p>As compared to western economies where there is a burden of an ageing population, India has a unique 20–25 years window of opportunity called the “demographic dividend.” The current focus of skill development has shifted to the learner and his/her needs and expectations from vocational education and training. To empower the working population, is it essential to start from the source, i.e., the learner. Our Country is having largest young population than any other country which acts as a power to make India a stronger and sustainable nation.<br />India is a rich source of Skilled peoples, the aim of the paper is to understand and comprehend the issues surrounding skill development in the field of healthcare the paper also shows some issues which shows that from long time India is rich in skills.</p>


2021 ◽  
Vol 13 (20) ◽  
pp. 11274
Author(s):  
John D. Graham ◽  
John A. Rupp ◽  
Eva Brungard

Considering the quest to meet both sustainable development and energy security goals, we explore the ramifications of explosive growth in the global demand for lithium to meet the needs for batteries in plug-in electric vehicles and grid-scale energy storage. We find that heavy dependence on lithium will create energy security risks because China has a dominant position in the lithium supply chain and both Europe and North America seek to curtail reliance on China throughout their supply chains. We also find that efforts to expand lithium mining have been much less successful in Chile, the United States, and Europe than in Australia. Local communities resist licensing of new lithium mines due to a variety of environmental, social, and economic concerns. There are alternative technologies that may make lithium mining more sustainable such as direct lithium extraction, but the timing of commercialization of this process is uncertain. Progress is also being made in battery recycling and in alternative battery designs that do not use lithium. Such advances are unlikely to attenuate the global rate of growth in lithium demand prior to 2030. We conclude that tradeoffs between sustainability and energy security are real, especially in the next decade.


Significance Having lost nearly 11% in January-March 2021, gold recouped some of its losses in April-June, but recent months have seen unseasonal weakness. Impacts Gold investment lacks popularity: two weeks after announcing its relisting, Russian miner Nordgold cut its plan to list in London. India has cut import duties on gold and silver to 7.5% from 12.5% and this will provide a boost to physical markets. The Reserve Bank of Zimbabwe will allow miners to export a portion of their gold; this will give them funds with which to boost output. Nevada is raising taxes on gold and silver mines to fund education under a law signed in 2021; the near-term impact of this will be limited.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Andrea Ceschi ◽  
Marco Perini ◽  
Andrea Scalco ◽  
Monica Pentassuglia ◽  
Elisa Righetti ◽  
...  

Purpose This study aims to provide an overview of the past two decades of lifelong learning (LLL) policies for enhancing employability and reduce social exclusion in young people of European countries through the development of the so-called LLL key-competences. Design/methodology/approach Built on a quasi-systematic review, this contribution explores traditional and new methods for promoting the LLL transition, and then employability, in young adults (e.g. apprenticeship, vocational training, e-learning, etc.). Findings It argues the need to identify all the possible approaches able to support policymakers, as they can differently impact key-competence development. Originality/value Finally, based on the consolidated EU policy experience, we propose a strategy of implementation of the LLL programmes that facilitates the institutions’ decision processes for policy-making through the use of decisional support system.


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