THANE, (MAHARASHTRA), (GNI): State minister of Labour and Skill development, Sambhaji Patil Nilangekar lighting the lamp at the inauguration of the skills training centre, LEAD Academy, a joint initiative of Udyogini and EduBridge, supported by Citi India, in Thane – Photo by GNI
THANE, (MAHARASHTRA), (GNI): Yogini, an NGO working towards promoting entrepreneurship and youth employability skills among the underprivileged, announced its strategic collaboration with Citi India and EduBridge Learning to launch the second LEAD Academy in Thane, near Mumbai. This centre is the second one, following the launch of the first one catering to 600 students in Pune in July 2017. In a scenario where only 2.3% of the workforce in India has undergone formal skill training, as compared to other developed nations , the initiative aims to directly impact 1400 unemployed youth in Mumbai and 2000 collectively.
A result of a joint partnership between Udyogini, EduBridge Learning and Citi India, the LEAD Academy will provide high quality skill development and employment linked training for unemployed youth, acting as a catalyst for them to find meaningful employment opportunities. The particular centre over a period of one year, will impart 1400 youth a basic foundation course on spoken English & basic computers, besides also providing specialised courses that impart an overall understanding of the various sectors that they could find employment in – the BFSI, IT, Retail, and Hospitality sectors, among others. The first level reasoning for this is that, most of these youth remain unemployed for the lack of a basic understanding of these sectors that they seek employability in, and the need for basic use of English and IT skills, in a corporate work environment.
Arvind Mallik, CEO, Udyogini said, “We cherish this moment to collaborate and partner with Citicorp and Edubridge. To create better world requires partnerships and corporations must embrace the benefit of cooperating with one another. “Lead” academy will pave the way to boost job creation with industry demand and entrepreneurship is the key to create employment opportunities among thousands of poor and some most disadvantage communities including young girls.”
Girish Singhania, CEO, Edubridge Learning said, “We are extremely proud to be partnering with Udyogini & Citicorp. This marks the coming together of like-minded entities to build an academy that would be a beacon in the field of transforming the lives of unemployed youth of our country. We look forward to walking with thousands of youth towards a better life over the next several years along with Citi India and Udyogini.”
Debasis Ghosh, Public Affairs Officer, Citi India said, “Facilitating employability is an even more pressing need in today’s scenario, as much as jobs creation. A majority of urban as well as rural youth struggle in finding the right employment despite having the required technical skill sets. Partnering in setting up of the Lead Training Centre gives us immense pride as this is well aligned with the Government of India’s important ‘Skill India’ mission and is committed to empowering young India into meaningful careers that can aide their future.”
On the back of the launch of the first centre in Pune early July 2017 that caters to 600 youth, the aim is to reach out to an additional 1400 youth in Maharashtra alone that will provide employment linked training. Collectively, the program aims to provide high quality employment linked training to 2,000 youth leading to sustainable employment for 1,400 unemployed youth thereby increasing the household income of 1,400 families by more than 100%. The program will also ensure certification from the Govt of India for over 1,600 youth, enabling them to become employable in the labour market in India.
Edubridge is an award winning and highly acclaimed skill development organisation started by IIM Alumni to transform the lives of unemployed youth across the country. Edubridge currently operates 100 training centers across 14 states and works with more than 40,000 unemployed youth every year to transform their lives and increase their household incomes by more than 100% by providing them job opportunities in the formal sector.
Background: India is currently in an extremely important phase in her journey towards becoming an economic superpower. More than 60% of India’s current population falls in the working age group. This translates into a staggering figure of more than 750 Million Indians that are currently in the working age group. This is a huge demographic advantage that India enjoys currently and thereby presents a significant opportunity for India to create a high quality and skilled workforce to fuel her growth story.
However, the opportunity has several issues which need to be addressed urgently. As per a McKinsey Study, 58% of employers feel that Indian graduates are not skilled enough to handle entry-level jobs. Further, India’s Gross Enrolment Rate (GER) of about 13.5% for higher education is among the lowest in the world. Therefore, most of the graduates are not considered skilled enough for even entry level roles whereas more than 85% of the youth completing their school education are not even completing their graduate studies!! This coupled with various social issues faced by the youth presents India with a grave danger of losing out on this demographic advantage and creating a large section of unemployed and thus disgruntled youth that could be detrimental to the interests of the country.
The irony is in the fact that on one hand, there are a huge number of employers looking for thousands of skilled workers across India. However, on the other hand, there are a huge number of youth that are unemployed as they lack the skills required by these employers and thus their families live in poverty and are often without the basic necessities of life.
Hence, there is an urgent need to increase the employability levels of the youth by providing them the specific skills required by the employers followed by an employment opportunity. This would lead to a sustainable means of livelihood for their entire family and would thus secure a safe and happy future for them and their family and would in turn be integral to fuel India’s growth story. As a responsible corporate citizen of India, Citi India has partnered Udyogini and EduBridge as one of its key sustainability initiatives aligning itself with the national ‘Skill India’ agenda.
Source:  The National Mission of Skill Development – A framework for Implementation [link] Ends