Examine and evaluate many facets of India’s HRM industry. 125 Words) [UPPSC 2020]
Model Answer Introduction India boasts one of the world's largest and youngest populations, with approximately 65% of its populace in the working-age group of 15-64 years as of 2023. This demographic dividend offers potential economic advantages, but these benefits can only be realized if the populaRead more
Model Answer
Introduction
India boasts one of the world’s largest and youngest populations, with approximately 65% of its populace in the working-age group of 15-64 years as of 2023. This demographic dividend offers potential economic advantages, but these benefits can only be realized if the population is educated, skilled, and employable. Recognizing this, the Indian government has implemented various measures to enhance the capacity of its workforce.
Body
1. Skill Development Initiatives
The National Skill Development Mission, launched in 2015, aims to create a cohesive strategy for skill development across sectors. The Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is a flagship program under this mission, targeting the training of millions in industry-relevant skills to boost employability and entrepreneurship. As of 2021, over 10 million youth have been trained under PMKVY (Source: Ministry of Skill Development and Entrepreneurship).
2. Education Reforms
The National Education Policy (NEP) 2020 has been a significant reform, emphasizing foundational literacy, numeracy, and the integration of vocational education. The NEP seeks to improve access, equity, and quality in higher education, fostering a well-rounded and skilled workforce (Source: Ministry of Education).
3. Make in India Initiative
Launched in 2014, this initiative aims to transform India into a global manufacturing hub by encouraging investment and innovation. By creating employment opportunities, it enhances the employability of the population and promotes skill development (Source: Make in India official website).
4. Start-up India
Introduced in 2016, this initiative fosters innovation and entrepreneurship by simplifying regulations and providing financial support. It indirectly generates job opportunities and encourages skill development across various sectors (Source: Start-up India official website).
5. National Apprenticeship Promotion Scheme (NAPS)
Launched in 2016, NAPS promotes apprenticeship training to create industry-ready skilled workers. It incentivizes employers to engage apprentices, facilitating on-the-job training (Source: Ministry of Skill Development and Entrepreneurship).
6. Digital India
This initiative aims to empower society digitally by promoting digital literacy and improving internet connectivity. By enhancing digital skills, the government prepares the workforce for participation in the digital economy (Source: Digital India initiative).
Conclusion
These measures reflect the government’s commitment to improving education, skill development, and employability in India. However, continuous efforts, effective implementation, and monitoring are crucial to ensuring that the demographic dividend translates into tangible economic benefits.
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Handling of Human Resource in India Human resource management in India refers to the comprehensive tasks of improving on the productivity of workforce in an effort to foster organisational and national objectives. Main areas of the Human Resource Management Talent Acquisition and Retention: Since anRead more
Handling of Human Resource in India
Human resource management in India refers to the comprehensive tasks of improving on the productivity of workforce in an effort to foster organisational and national objectives.
Main areas of the Human Resource Management
Talent Acquisition and Retention:
Since an economy is growing, in India also there is the need for organization to recruit the best workforce and contain the escalated attrition levels.
Skill Building:
Some examples of the government programs to enhance the employability status of the workforce through training include the Skill India apart from many others.
Diversity and Inclusion:
It is also important to say the idea of diversity and gender equality in the workplace is supported by many businesses.
Employee Engagement
Enhance job satisfaction through active participation of the employees in undertaking various activities that would have a positive impact on their performance but have mostly resulted in turnover.
Technological Integration:
It tries to explore an understanding of human resource management systems and IT tools helpful to enhance the HR operations.
Labor Law Compliance:
Compliance to the labor laws and regulations is perceived to be important in fairly handling all the employees besides avoiding entanglement in complicated legal issues.
HRM Challenges:
Skills Gap: Relating the industry gap to the existing skills in the present.
Workforce Diversity: Cross-cultural, Multilingual and cross generational diversity including in the workplace.
Technological Adoption: Empowering individuals, organizations and even an entire labor force to become prepared for such technologies.
Thus, it could be ascertained that human resource management in Indian context plays a very significant role to accelerate economic growth by producing a skilled, motivated and diverse workforce to meet the global requirement.
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