Indians lack skillsets to be employed: IBM chief
- Global tech major IBM chief Ginni Rometty has said Indians lack the required skillsets even as new-age jobs galore, and exhorted all to look at education beyond obtaining/giving away degrees.
- The $180-billion domestic software industry directly employs over 4 million.
- According to private economic think tank CMIE data, as of February, there were as many as 31.2 million youth actively looking for jobs. This is in a country where over 60% of the 1.35 billion population are under 35.
- Over 65% of the Indian IT staff is "just not re-trainable"