Wednesday, 15 July 2020

On the occasion of World Youth Skills Day 2020, Wadhwani Foundation calls forempowering the youth with 21st Century Employability Skills












India, 15th July 2020 - The aim of the World Youth Skills Day is to recognize the strategic importance of equipping young people with skills for employment, decent work and entrepreneurship, and to highlight the crucial role of skilled youth in addressing the current and future employment and underemployment challenges across the globe.
The theme of World Youth Skills 2020i.e. ‘Skills for a Resilient Youth’ is set against the backdrop of the COVID-19 pandemic. The resultant challenges are plenty with a rise in unemployment, digital becoming the new normal and adapting tonew-age learning based on relentless advances in technology like mobile technologies, AI, Machine Learning, green energy, drone technology etc., becoming a must.
According to reports, India is likely to have the world's largest workforce by 2027. Hence, it is important to integratea  skilling program into the curriculum right from the school stage to address the looming fracture in the skills supply chain arising due to the marked disconnect between the academia outputand the industry requirements.This will enable India to meet the aspirations of the youth by preparing them to enter the future workforce.
Soft Skills or employability skills is the buzz in the global skills domain today. The reason is simple. While hard or technical skills can be acquired and taught, soft skills have more to do with character, relationships and personality.Therefore, employers see soft skills as key tointerpersonal relations, fostering employee retention, improving leadership, and building a meaningful culturewithin the organization.
Wadhwani Foundation is focused on empowering the youth with 21st century employability skills to enable them to command family supporting wages through on-demand, AI-enabled accessto high-quality skilling. The Foundation is also focused on integrating skilling with shop-floor training for vocational careers and enables employers, vocational trainers, and academic Institutes to adoptemployability programs for superior outcomes.
On the occasion of World Youth Skills Day, says Dr Ajay Kela, President and CEO, Wadhwani Foundation,With half of India’s population of 1.3 billion under the age of 26, and ~12 million youth turning 18 every year, India is experiencing a massive demographic dividend that will last until 2055. This could make India a global HR powerhouse provided we fill the gap between the skills Industry desires and what academia is producing. In the COVID-19 times, digital has become the new normal, and video and mobile will play a key role in providing cheap, reliable, scalable, and effective learning solutions to solving the skilling problems. Wadhwani Opportunity, an initiative of the Foundation, has developed multi-media enabled technology solutions while integrating online/in-class 21st-century employability skills and self-learning pedagogy that can reach thousands of students simultaneously through our cloud platform. The theme of World Youth Skills Day 2020 is – Skills for a Resilient Youth – and I have full confidence in the resilience and perseverance of the Indian Youth who will tide over the COVID-led crisis with grit and determination. My message to the youth is that the current pandemic-led crisis provides an unprecedented opportunity through the new normal of digital learning and exploiting the emerging skilling avenues.
About Wadhwani Foundation
Wadhwani Foundation was founded in 2000 by DrRomesh Wadhwani, with the primary mission of accelerating job creation in India and other emerging economies through large-scale initiatives in entrepreneurship, small business growth, innovation, and skilling. The Wadhwani Foundation operates in 20 countries, including India, South East Asia (Indonesia, Malaysia, the Philippines), East Africa (Kenya, Uganda, Rwanda), Southern Africa (South Africa, Botswana, Namibia), West Africa (Nigeria, Ghana), Egypt, and Latin America (Mexico, Brazil, Peru, Chile). The Wadhwani Foundation works in partnership with governments, foundations, corporations, and educational institutes. For more details on Wadhwani Foundation, please visit https://www.wfglobal.org/

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