INTERNSHIP PLAN
For those looking for work now, the right opportunities have proven difficult to come by.
“There are seemingly plenty of jobs available but we’re unable to get one that we like. And for a lot of us, there aren’t enough jobs,” said jobseeker Suman Kumari.
Another jobseeker, Shaurya Kumar, told CNA that employers want workers who are highly skilled, have prior experience, or have a good educational background. “But most of us do not fit that profile,” she added.
The government’s internship plan is aimed at solving that problem.
It wants to rope in India’s 500 biggest companies to provide internships to 10 million youths. A portion of the interns’ salaries will be paid back to participating firms, while the remainder may be eligible for tax benefits.
Experts said this is a crucial step towards creating a highly-skilled talent pool.
Still, it also remains unclear how many of these internships will eventually be converted into full-time jobs.
Shantanu Rooj, CEO of learning solutions company TeamLease EdTech said that the move will go towards boosting new workers’ employment and employability.
“This incentive for hiring interns so that people can create their own talent supply chain reduces the cost of hiring for employers, which I think is a great initiative,” he said.
Source: CNA
