Less people opting for 'formal skill training': Report

Fewer number of people have pursued skill training activities, making it one of the least preferred vocation, says a report released today.
HR services firm TeamLease said that despite the government spending over Rs 30,000 crore towards skill training, "vocational skilling and education in India is still plagued by low esteem and demand supply mismatch".
"Only 2 per cent of the workforce has opted for formal skill training," it said.
The factors contributing to this trend are low penetration of vocational learning and the lack of appreciation for hands-on training, limited upward mobility, weak labour market linkages and strong perception of labour as inferior which commands mere subsistent wages, the report noted.

The conclusions are based on a survey of around 200 respondents.
As per the report, about 76 per cent of respondents depend on parents to help them choose their careers, whereas only 53 per cent of the candidates relied on teachers and career advisors.