At least 47% of graduates in India are not employable for any industry role, according the latest report by employability solutions firm Aspiring Minds.
The report is based on a pan-India study of 60,000 graduates across colleges.
According to the report, 47% graduates are not employable in any sector of the knowledge economy. The employability of graduates varies from 2.59% in functional roles such as accounting to 15.88% in sales-related roles and 21.37% for roles in the business process outsourcing (BPO/ITeS) sector.
A significant proportion of graduates, nearly 47%, were found not employable in any sector, given their lack of proficiency in English and cognitive skills.
Chosen excerpts by Job Market Monitor