According to the UN records – in 2016 there were 259 million young people not in employment, education or training (NEET) – a number that rose to an estimated 267 million in 2019, and is projected to continue climbing to around 273 million in 2021.
“When we talk in terms of percentage, the trend was also rising up from 21.7 per cent in 2015 to 22.4 per cent in 2020 – implying that the international target to reduce the NEET rate by 2020 is goig to be missed for sure.
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While expressing data from different sources and Citing figures from World Economic Forum, the foundation’s president and CEO Ajay Kela said, “there will be, at least 133 million jobs that match division of labor between humans, machines and algorithms will emerge globally by 2022”.
“The government could address the serious mismatch what academia produces and what the industry needed ,he said . With a global knowledge-led economy, driven by technology and globalization, empower the next generation of youth on 21st Century’s skills by mainstreaming employ ability skills such as problem solving, critical thinking, customer eccentricity, digital and English literacy which are largely ignored in academia,” these days. What they need is…
Internet major Google is buying a 7.73% stake in Reliance Industries’ telecom and digital unit Jio Platforms for $4.5 billion as part of its recently announced $10 billion India digitization fund.,confirmed Danish Khan from ETTelecom on July15,2020.
RIL’s telecom and digital unit, which mirrors the Alphabet-Google structure, has got investments worth about Rs 1.18 lakh crore ($15.7 billion) in just over two months for a total stake of about 25.24%
On Monday, US chipmaker Qualcomm became the latest to join a slew of technology-focused investors acquiring a slice of Jio.
India is a key market for the likes of Google and Facebook. The number of internet users in India is expected to rise to about 850 million in 2022, according to PwC, up from 450 million in 2017. Google dominates search, video, maps and email in India. Nine out of 10 smartphones sold in India come with Google’s Android OS.
The funds have helped RIL pare debt. The oil-to-retail-telecom conglomerate said in June that it became a debt-free company after the first 11 back-to-back investments in Jio Platforms and a Rs 53,124-crore rights issue.
RIL has been making efforts to position Jio Platforms and its telecom venture Reliance Jio Infocomm as more digital, consumer technology companies, with experts saying key investors it has brought on board underline that strategy.