Engineering graduates are steering the service industry

La Excellence IAS Academy

February 20, 2024

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La Excellence IAS Academy | February 20, 2024 | Economy

Syllabus: GS-III

Subject: Economy

Topic: Unemployment and issues

Issue: Educated Unemployment

Context: Engineering graduates are moving towards service sector

As per an industry report, about 80% of graduate engineers end up in a non-related and non-technical job.
The reason behind this – Critical thinking, problem solving, creativity, and innovation, dealing with ambiguity, adaptability and flexibility ingrained in their education.
This evolving nature of job market demands a recalibration from the education ecosystem towards curriculum design and pedagogy.
A generic course such as service engineer need to be designed.
This course will emerge as attraction option for students from tier 2 and 3 cities.
Women will be inclined towards this course due to flexibility in the job opportunity.
By catering the demand of skilled professional for service industry, India can position itself as global leader in innovation for service industry.

+1 Advantage for mains (Data Point)

· As per Periodic Labor Force Survey (PLFS-7) the women’s participation in the workforce is nearly 37%.

· According to Statistica, only 57% of engineering graduates are employable.

· As per All India Council for Technical Education commissioned report-less than 60% of available engineering seats have enrolment.

· Service sector contributes 53% of India’s Gross Value Added (GVA) versus the 28% of the industry sector.

· 31% of employment is generated in the services sector versus 25% in industries.