Srinath Mallikarjunan, CEO and chief scientist of dynamics unmanned, took the alarm in the face of the deepening of the employment and the crisis of India’s employability, warning that the country is heading towards a “catastrophe demographic”.
In a detailed article by LinkedIn, Mallikarjunan wrote: “I think India has a huge employment and employability crisis that the consumer media are afraid of talking. Our Indian office had an opening for 2 trainees and there were 1,200 candidates. Among these, about 20 were preselected for a more in-depth assessment. »»
He highlighted the structural defects of the India’s education system, listing five key problems:
1. Many Iit students stop studying after having cracked Jee, which makes them unfit for real jobs.
2. Private colleges and universities do not provide significant education.
3. First generation graduates often get diplomas without acquiring real knowledge.
4. Students remain ignored that they are misleading due to a broken system with obsolete programs, ineffective examinations and poorly trained teachers.
5. Consequently, millions of graduates are only suitable for calling or office center or roles that will soon replace.
“India is therefore not looking at a demographic dividend but a disaster,” he warned.
Mallikarjunan advised students to take care of their learning by studying from renowned international books, using NPTEL courses and working on independent projects to develop practical skills.
His position struck a sensitive string with many professionals who have echoed his concerns about the labor market and the lack of practical skills among graduates. A user called for the introduction of vocational training in schools, stressing that Indian institutions “produce certificates but not skills”. Another pointed out that for a single employment publication, thousands of candidates compete, highlighting the scarcity of quality employment.
Mallikarjunan, however, rejected the idea that startups could be a rapid solution. “Startups offering rapid solutions for a broken education system is like taking paracetamol for cancer,” he wrote in response to a comment.
Another user shared his personal struggle despite a doctorate and a global experience, saying: “Unless I learn AI / ML or a javascript, it is difficult to obtain a decent job in India. Our market is motivated by foreign investments and AI will soon automate many of these software jobs. Without opportunities in other sectors, we are heading for a crisis. »»
Mallikarjunan took a hit from Indian investors, arguing that they lack vision. “Indian venture capital investors suffer from poverty of imagination. They only perform PONZI patterns where the loss is directly proportional to turnover. They have no understanding or stomachs for deep technology, “he wrote.