DNA Money, Priyanka Golikeri, Tuesday, April 15, 2008
MUMBAI: India’s job market is facing a grim situation as far as employability of its workforce is concerned. This is especially true in the case of blue-collar workers where the appropriateness for the job hinges on upgradation of industrial training institutes or ITIs.
The term ‘blue-collar’ refers to semi-skilled workers such as mechanics, fitters, plumbers, etc, who are mainly taken on a temporary basis as temps. “The total job market, as on date, consists of 496 million people. Of these, about 30 million are in the organised sector. Nearly 80% (or almost 24 million) of the workers in the organized sector are blue-collar workers,” said Sudhakar Balakrishnan, chief executive officer of human resource solutions firm Adecco India & Middle East.
By 2010, there will be 80 million (blue-collar) temps in both organised and unorganised sectors, according to Rajesh AR, vice-president of Bangalore-based staffing firm, TeamLease Services Pvt Ltd.
Adecco and TeamLease currently have 5,000 and 8,000 blue-collar temps, respectively, on their pay rolls. They will add another 30,000 by 2010. Ma Foi Consultants Ltd has about 2,000 on its rolls. But the scary fact is that, despite the rising number of blue-collar workers, many are unemployable.
According to HR professionals, “problems will arises now, as the employability of
workers is way below industry standards”. As per a labour report by TeamLease in
November 2007, about 82.5 million people in the age bracket of 15-30 years are
So, what is the solution to the problem?