Experts believe it will take 12-18 months more for results to show
New Delhi : Pinning their hopes on the government’s flagship schemes like ‘Make in India’ and ‘Skill India’, human resource experts believe it may take 12 to 18 months before the results start showing up in the job market.
The latest Labour Bureau survey has also shown a slowdown in job creation, although there are signs of growth in the manufacturing, infrastructure and mining sectors, which are among the major job creators.
“I think job creation still remains a pipe dream while it seems there are policy decisions moving in that direction,” global executive recruitment firm Antal International India MD Joseph Devasia said, adding “it would take another 12 to 18 months before some concrete results are visible”.
Vijay Deshpande, VP and Head, Human Resources, JK Tyre & Industries India and Mexico Business, said, “We believe it is too early to judge. With the government’s pro-business outlook and support that the ‘Make in India’ campaign is getting from every industry, we are sure that the promises will be met.”
However, a major cause of concern is the lack of skilled workforce and to meet this challenge, experts advocated for a stronger partnership between the government and the industry to train the burgeoning young population.
According to a survey by global HR major ManpowerGroup, 58 per cent of Indian employers are finding it difficult to fill positions while, globally, 38 per cent of employers face a talent shortage.
“Overall, there are lots of expectations that need to be worked upon by the government to utilise the unemployed population of the country,” ManpowerGroup India Executive Director and President Srikanth Rengarajan said.
