Rajeev Chandrasekhar, Minister of State for Electronics, Information Technology, Skill Development and Entrepreneurship
| Photo Credit: SUSHIL KUMAR VERMA
Layoffs are happening in the tech majors in the US and not in India, mentioned Rajeev Chandrasekhar Union Minister of State for Electronics, Information Technology, Skill Development and Entrepreneurship. Moreover, in line with him, India has added 18 lakh jobs in the know-how and digital sector in the 2 years for the reason that pandemic
Mr. Chandrasekhar was responding to a priority expressed over the affect of the pandemic on the IT sector throughout an interplay with college students at St. Teresa’s College forward of the discharge of the Malayalam translation of IT guru and academician E. Balagurusamy’s biography on Friday.
‘Demand exceeds supply’
“The pandemic has only reinforced the relevance of the technology. In fact, the demand for professionals (in the technology and electronics sector) has far exceeded the supply. A youngster doing graduation now has 150% to 200% greater chance of landing a job provided he or she has the right skills,” mentioned Mr. Chandrasekhar.
He urged children to accumulate extra talent units alongside commencement. India is probably the most happening place in phrases of digital ecosystem and abilities.
‘No lay-offs in India’
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Mr. Chandrasekhar additionally mentioned that layoffs are happening in the tech majors in the US and not in India, and that he has even invited to India 500 employees just lately laid off by a tech large.
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Unlike in the previous there’s a reverse mind drain now with children establishing start-ups and becoming a member of firms in India based mostly on their experience acquired overseas.
‘Luckiest’ technology
Mr. Chandrasekhar dubbed the present technology because the ‘luckiest’ contemplating the enabling environment for excelling prevailing in the nation in contrast to the final many many years.
“About 48% of the participants in the digital ecosystem and technology sector in India are women. There are many schemes for women entrepreneurs to succeed. Technology alone does not make up a startup. Instead there should be an idea driving it, a platform to execute it and a sustainable model to succeed,” he mentioned.
When a pupil got here up with the concept of waste administration alongside the traces of a web-based cab aggregator, Mr. Chandrasekhar recommender her to run a pilot venture in a restricted geographical space by roping in residents associations and civic officers as stakeholders earlier than increasing it.
Grey areas of NEP
He urged a trainer who lamented concerning the gray areas in the brand new National Education Policy (NEP) with regard to entrepreneurship alternatives for arts and science faculty college students to put in writing to him by way of the faculty in order that he can take it up with the Ministry of HRD.
Mayor M. Anilkumar; Achuth S. Nair, Head, Department of Computational Biology and Bioinformatics, Kerala University; Mr. Balagurusamy; faculty principal Aphonsa Vijaya Joseph have been additionally current on the occasion.
