Abstract
Training is a planned and systematic attempt to improve aptitude, attitude, skills and knowledge of a person to perform a task effectively and efficiently. All types of organisations, of late, have understood that their success lies not in physical assets but in the quality of human resource (HR) they possess. It is the employees who make or break an organisation. Identifying, attracting, developing, compensating and above all retaining the talented workforce, called ‘Talent management’, is the biggest challenge faced today by all the HR managers of the world. Talented employees provide competitive advantage to an institution. So, every employer is keen to hire the best talent available in the job market.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
References
Aditya Birla Group (2015): General Information. URL: http:// adityabirla.com/about-us/overview.
All India Council for Technical Education (AICTE) (2012): Approval Process Handbook (2012–13).URL: http://www.aicte-india.org/downloads/approval_process_12_13_051011.pdf.
Bharadwaj, R., Kadam, S. and Kumar, P. (2011): Concept Note on Need for Vocationalisation of Ed-ucation in India. URL: http://www.scdl.net/downloads/vocationaluniversityconceptnote.pdf.
Chandra, N. (2013): Do Employment Exchanges serve job seekers? URL: http://www.ca-reers360.com/Universities/Do-Employment-Exchanges-serve-job-seekers.
Chaudary, D. (2007): Top 5 IT firms spend $438 mn on training. Live Mint, 12th November. URL: http://www.livemint.com/Home-Page/0nC9vwCq1Om392tPWvwjVO/Top –5-IT-firms-spend–438-mn-on-training.html.
Confederation of India Industry (2005): Manufacturing Innovation: A Senior Executive Survey. A Re-port By CII and the Boston Consulting Group. URL: http://cii.in/uploads/CII-BCG%20Sr%20Ex-ecutive%20Survey%20-%20Mfg%20Innovation%20report%202005–4th832.pdf.
Confederation of Indian Industries (CII) and Boston Consulting Group (BCG) (2014): CII 13th Manu-facturing Summit (Make In India: Turning Vision into Reality). URL: http://www.bcgindia.com/documents/file176705.pdf.
CXOtoday News Desk (2014): Indian IT Sees High Attrition a Market Rebounds. URL: http://cxoto-day.com/story/indian-it-sees-high-attrition-as-market-rebounds/.
Deloitte (2013): A report on global manufacturing competiveness index 2013. URL: https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Manufactur-ing/gx_2013%20Global%20Manufacturing%20Competitiveness%20Index_11_15_12.pdf.
DSPD and ILO (2011): Labour Market Performance and the Challenges of Creating Employment in India. URL: http://www.ilo.org/wcmsp5/groups/public/ed_emp/emp_policy/documents/meeting-document/wcms_162963.pdf.
Dskmag (2009): To quote, unquote and requote – 21st Century illiteracy? URL: https://deangroom.wordpress.com/2009/12/21/to-quote-unquote-and-requote –21st-century-illiter-acy/.
Essar Group (2015): General Information. URL: http://essargroup.com.
Global Manufacturing Leadership Programme (2015): Application Form. URL: https:// abgmlp.ad-ityabirla.com/a-world-of-opportunities.php.
Government of India (2008a): National Conference on Technical Vocational Education, Training and Skills Development: A Roadmap for Empowerment. New Delhi: Ministry of Human Resource Development.
Government of India (2008b): Union Budget and Economic Survey. URL: http://indiab-udget.nic.in/es2007–08/esmain.htm.
Government of India (2011): Annual Report 2010–11. New Delhi: Ministry of Labour and Employ-ment. URL: http://labour.nic.in/upload/uploadfiles/files/Reports/ANNUAL%20RE-PORT%202010–2011.pdf.
Government of India (2013): Report on Youth Employment-Unemployment Scenario (2012–13): URL: http://pib.nic.in/newsite/PrintRelease.aspx?relid=100894.
Government of India (2015): General Information. New Delhi: Planning Commission. URL: http://planningcommission.nic.in.
ICRA Management Consulting (2010): The Skill Development Landscape in India and Implementing Quality Skills Training. URL: http://www.ficci.com/SPdocument/20073/IMaCS.pdf.
Kettering, C. (n.d): Charles F. Kettering quotes. URL: http://www.qotd.org/quotes/Charles.F.Ketter-ing.
Larsen & Toubro (2015): General Information. URL: http://larsentoubro.com.
Mason, A. and R. Lee (2006): Reform and support systems for the elderly in developing countries: capturing the second demographic dividend. GENUS LXII (2): 11–35.
Mukerji, S. and Tripathi, P. (2010): Using technological interface in vocational education in In-dia.URL: http://wikieducator.org/images/f/f1/Siran_Mukerji.pdf.
Nasscom-McKinsey (2005): Extending India’s Leadership of the Global IT and BPO Industries.
National Skill Development Corporation (NSDC) (2009): Human Resource and Skill Requirements in the Banking and Financial Services Insurance Industry: Study on Mapping of Human Resource Skill Gaps in India till 2022. URL: http://www.nsdcindia.org/sites/default/files/files/BFSI–2009.pdf New Delhi: NSDC.
National Policy on Skill Development (2009): Benchmarking of Skill Deficit and Plan to achieve target by 2022. Chapter six. URL: http://labour.nic.in/upload/uploadfiles/files/policies/national-skilldevelopmentpolicymar09.pdf.
Njavallil., C. J. (2007): Training and Development of Bank Employees: A Comparative Study between New Generation Banks and Public Sector Banks. PhD Thesis, Mahatma Gandhi University.
Pillai, H.K. (2014): India’s Vocational Education Capacity to support the anticipated Economic Growth.URL: http://eprints.qut.edu.au/72103/1/72103_PILLAY_BHP_Report_Final_Report.pdf.
Planning Commission (2009–2010): Employment and Skill Development. URL: http://planningcom-mission.nic.in/hackathon/Skill%20Development.pdf.
Prayag, A. (2006): India's growing employment market presents an opportunity for the budding train-ing industry in the country, Business Line, 9th October. URL: http://www.thehindubusiness-line.com/todays-paper/training-india-inc/article1756669.ece.
Prayag, A. (2012): Indian firms need to double spend on training. Business Line, 21 March. URL: http://www.thehindubusinessline.com/economy/indian-firms-need-to-double-spend-on-train-ing/article3024495.ece.
Sundaram, S.K.G. (2000): ILO Organisations working for the unorganised labour. URL: http://li-brary.fes.de/pdf-files/netzquelle/a01–02768.pdf.
Symbiosis (2010): Concept Note on Need for Vocationalisation of Education in India. URL: http://www.scdl.net/downloads/vocationaluniversityconceptnote.pdf.
World Bank (2006): Skill Development of India-The Vocational Education and Training System. URL: http://info.worldbank.org/etools/docs/library/235724/skills%20development%20in%20in-dia%20the%20vocational%20education%20and%20training%20system.pdf
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2016 Springer Fachmedien Wiesbaden
About this chapter
Cite this chapter
Badrinath, V. (2016). Further Education and Training, Retraining: Skilful India – A Dream or Reality. In: Pilz, M. (eds) India: Preparation for the World of Work. Springer VS, Wiesbaden. https://doi.org/10.1007/978-3-658-08502-5_12
Download citation
DOI: https://doi.org/10.1007/978-3-658-08502-5_12
Published:
Publisher Name: Springer VS, Wiesbaden
Print ISBN: 978-3-658-08501-8
Online ISBN: 978-3-658-08502-5
eBook Packages: EducationEducation (R0)