India has the world’s largest youth population, with 354.4 million people aged between 15 and 29, representing a population share of 27 per cent (compared to 314.1 million and a share of 22.8 per cent in China). In order to reap the demographic dividend this offers, the education and skills of youth are vital so that they can maximize their productive contribution. Indian Labor market is highly dynamic. Also, the Industrial Revolution IV is set to bring huge changes in many sectors.
A System can be designed to track Labor market trends to know skilling needs (distributed through geographies and sectors) through Big Data analytics – on a continuous ongoing basis?
India Labor Market Update ILO Country Office for India | July 2016