The Fraud of Indian Education, Jobs, Salary, & Unemployment

The Education System: Degrees Over Skills

• This is precisely what India's education system specializes in successfully rote-learning and theoretical knowledge. All pressurizing factors into opting for aforementioned traditional streams, such as engineering, medicine, or management, do not ask for one's aptitude and interests. The resultant being, an overproduction of graduates with degrees yet inept in their practical application.

  According to a 2023 survey for example, 80% of Indian engineers have become unemployable in the existing market conditions, owing to lack of any real practical aspect of their study. Most of their courses have limited or no scope to bring in real work exposure in order for students to be adequately grounded for the real world.

  This problem is worsened by the nemesis of private college mushrooming, which emits more profit than quality. The universities also focus mainly on graduated outputs rather than the real outcome of making them employable.

The Job Market: Less Employment

• Little jobs are there in the biggest economy of the world-India. The issues are :

  ·        Population Pressure: Job demand exceeds the supply by a long distance because there are above 1.4 billion people in India.

  ·        Automation and Outsourcing: Most of the time, old jobs are either automated out or sent to much cheaper markets.

  ·        Sectors Below Threshold: There are some very important sectors such as manufacturing and agriculture that would be able to employ a good percentage of the workforce, which are still underdeveloped.

  The job market in India also heavily weighs towards the informal sector, where workers remain mostly without any job security, benefits, or fair wages.

   

The Salary Problem: A Race to the Bottom

• Even when people do land jobs, salary expectations hardly match reality. More graduates from institutions like IITs and IIMs do land fabulously remunerative offers when compared with most graduates, and here is the reality:

   

  Low Starting Salaries: Most entry-level jobs pay in the range of ₹10,000-₹15,000 per month-sustaining even a dignified living in urban areas is close to impossible on this kind of income.

  Huge Gap in Wages: Differential sectors and areas lead to wide variations in wages-tech and finance take the prize, while others languish.

  No Growth of Aging: Salary increases are mostly quite less, so an employee feels undervalued and thus stuck.

Unemployment Rising: The Silent Crisis

•      The unemployment rate in India is quite alarming, especially among the young. Reports suggest that around 25% of urban youth are unemployed, and this worsened as a result of the pandemic. Some reasons for the same will be:

  ·        Mismatch of Skill and Job: On one hand, the demand for specific skills is growing, and on the other, education fails to fill the void.

  ·        Tendency: Most of the youth preferring white-collar jobs fighting against society to avoid blue-collar jobs saturated many fields.

The Vicious Cycle of Exploitation:

• There are the interconnected issues of education, jobs, salaries, and unemployment which crop up in a vicious cycle. This indicates:

  ·        Owing to dreams of high-paying jobs, students put in heavy expenditures on education and many take loans. Graduate without skills leading to underemployment or unemployment.

  ·        Get jobs - really low wages and poor-growth potential, and never mind loan repayment.

  ·        Falls prey to frustration and then disillusionment; the cycle goes on-and-on-with-dissatisfaction-and-economy-stressing.

Breaking the Chain:

• The Way Forward There is significant challenge and strong because it may feel at times but the challenge can be met. This is how India can overcome the problems:

     School Reformatory Education: This is skill-based learning, industry partnership, and job-oriented courses.

  ·        Practice Vocational-Work Training: Encourage youth to learn the technical and vocational skills required by the market.

  ·        Create Jobs: Invest in industries like manufacturing, agriculture, and renewable energy to generate jobs.

  ·        Save Earnings: Indifference about policies for minimum wages and comparative sectors of equal pay across the board.

  ·        Career Counseling: Introduce effective career guidance programs at the school and college levels.

Conclusion

• It is not merely a systemic failure, but also a rude awakening to the nation, in as much as it involves the scam of Indian education, jobs, salaries, and unemployment. An entirely different paradigm prioritizing skills, dignity of work, and economic equality is a possible way for a brighter future. The road is tough, but all of us can help make this very possible. India can make a real asset out of its demographic dividend.

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