Gender Gap in Employability improving with Indian Digital Revolution
New Delhi, Feb 18: India Skills Report 2021 by Wheebox, in partnership with Taggd, CII, AICTE, AIU and UNDP, is a report on the talent demand and supply in post-COVID India. According to it, Delhi-NCR, Orissa and Uttar Pradesh have the highest pool of employable talent in the country.
The study revealed that 45.9% of the youth were considered highly employable resources. The study also found out that Mumbai is the city with the most highly employable resources with 70% of the test takers scoring above 60%. This is followed by Hyderabad.
The India Skills Report, a combination of an assessment of final year candidates across India, who appeared for the Wheebox National Employability Test (WNET) and 150+ corporates across 15 industries who participated in the India Hiring Intent survey, also found out that candidates from Maharashtra, Tamil Nadu, Uttar Pradesh and Karnataka had the most of the resource pool with most of the employable talent while Hyderabad, Bangalore and Pune were the cities with most employable talent.
The latest WNET was the eighth consecutive year that Wheebox assessed the employability landscape nationwide, making it the largest test to record and analyze the talent demand and supply of India.
India will be hiring most in the banking & financial sector along with IT and ITeS led businesses, closely followed by Health Sector, Automotive, Retail Segment, Logistics and Core Sector including Energy. While digital connectivity and internet based business will remain the most important base for hiring and expansion, the job markets will be led by states like Delhi-NCR, Karnataka and Maharashtra.
Additionally, companies across India a hiring intent of 19%, as compared to 10%, a clear reflection of the positive changes in the job landscape this year.
Nirmal Singh, Founder & CEO, Wheebox said, “Finally Gender Gap in Employability is improving with Indian Digital revolution. One great structural change that we found is that women participation is higher than the previous 5 years. Women consist of 36% of the workforce, while men comprise 64% of all workers. The highest percentage of women in any sector was recorded in the Banking and Financial Services Industry (BFSI) making up to 46% of the employable talent in this industry. The trend is one of the most positive one for the future, especially with the Work from Home possibilities,” Singh pointed out.