India’s current higher education system is a bottleneck, as 1 million people join the labour force every month for the next twenty years without adequate training. 80% of India’s higher education system of 2030 is yet to be built and needs breaking the difficult trinity of cost, quality and scale. It needs massive innovation, investment, deregulation and competition.
TeamLease has hired somebody every 5 minutes for the last 5 years but hired only 5% of the kids who came to us for a job.
This report is part of our annual series to raise awareness on the unintended and dangerous consequences of our current labour and human capital regime.