Employees today need to develop crucial skill sets across diverse functional areas. Upskilling and reskilling, thus, aren't just mere buzzwords. They have become crucial in today's dynamic workplace.
CMIE managing director and CEO Mahesh Vyas says though rural unemployment rate has fallen, the quality of jobs both in urban and rural India is deteriorating.
The government will also take steps to enable sourcing from external commercial borrowings and foreign direct investment in the sector to be able to deliver quality education.
Though the employment outlook in India has fallen due to slowing growth, seven sectors including information technology and e-commerce show upticks in hiring intent, says a TeamLease Services report.
CEO Jeff Maggioncalda says India is the second-largest country after the U.S. in terms of number of users on the platform, and it is betting on a freemium model to boost its business in the country.