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Unit 8: Quality of Education: Concept, Parameters, Status and Prospects with Focus on Objectives....

• Pharma sector: Severe shortage of top pharma scientists as research expenditure by pharma Notes
companies has quadrupled in the last 5 years. Thus there is a shortage of middle-level and
junior scientists too. This has made salaries of top pharmacy scientists rise to US levels.
• Project Management Services: this labour intensive sector will grow with growth in
corporate structure, infrastructure & retail industry
8.5 Prospects for Quality in Education

As countries like India race to embrace the next phase of growth and become more globally
competitive, it is technology that will provide the advantage. Every country today is vying for
place in the global economy and the network can give then the edge they need. According to
Gartner's market Trends: Industry Analysis, India 2004-2009, Information and Communication
Technology (ICT) investments in India are expected to double by 2009, which implies, the need
for a skilled workforce is growing exponentially.
Given India's 1.1 billion population it may be difficult to imagine how we can face a shortage
of talent. However, with literacy at 52 percent, high poverty levels (319 Million live blows USD
1 per day), India's wide rural-urban divide, and the quality of education available, the paucity
of talent is finding becoming a cause for worry. In particular, this demand-supply gap is already
being felt by India's burgeoning IT industry and fears of the gap widening in the future are
being examined carefully. In fact, according to NSSCOM, each year over 3 million graduates
and post=graduates are added to the Indian workforce. However, of these only 25 percent of
technical graduates and 10-15 percent of other graduates are considered employable by the
rapidly growing IT and ITEs segments. Hence, what we have today is a growing skills gap
reflecting the sum availability of high-quality college education in India and the galloping pace
of the country's service=driven economy, which is growing faster than most countries in the
world.
• Expand and upgrade vocational education and training
• Expand and upgrade higher technical education
• Promote research in educational institutions; and
• Redesign the educational pattern at the school level to facilitate skill development.
8.5.1 Government have to redefine its role in
• Reforming and strengthening vocational education and training.
• clear policy for facilitating capacity expansion through private sector participation.
• make investment in vocational training institutes bankable.
• promote industry and academia interaction to narrow the existing gap between the dmand
and supply of the skilled manpower.
• It is very important at this stage to have different problem specific policy because one
policy is not in to fit in.
8.5.2 Challenges to be addressed
• Disconnect between skills provided and skills required by the industry.
• Revision of course curricula lasa behind the need of the industry.
• Out-dated machinery/tools and technology.
• Skill demand of Services/Unorganized Sector are largely unmet.
• Unsatisfactory employability of trainees because of poor quality of training.
• Shortage of trained instructors and low instructor training capacity in the country.
• Low prestige attached to vocational training.

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