IES Management College And Research Centre

Labour Market Outcome for Formal Vocational Education and Training in India: Safety Net and Beyond (Record no. 50014)

MARC details
000 -LEADER
fixed length control field 02559nam a2200205 4500
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20180625145220.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 180625b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Ahmed, Tutan
9 (RLIN) 31879
245 ## - TITLE STATEMENT
Title Labour Market Outcome for Formal Vocational Education and Training in India: Safety Net and Beyond
300 ## - PHYSICAL DESCRIPTION
Extent 98-110 p.
520 ## - SUMMARY, ETC.
Summary, etc <br/><br/>This paper explores the safety net aspect of the labour market incentive for the vocational education and training (VET) trained manpower in the Indian context. Generally, VET is considered to be a choice made by individuals who are looking for wages similar to or lower than that which corresponds to higher education, but with lower unemployment probability. People choose VET because of the incentive that there is a lower probability of remaining unemployed after the VET course. Using two rounds of National Sample Survey Organisation (NSSO) data, this paper explores the wage, unemployment, and status of employment of the individuals who participate in the labour market after completing VET. It has been observed that while there is a significant positive return of VET to the wages, unemployment from VET is quite high, particularly for individuals taking VET courses which correspond to lower levels of general education.<br/><br/>This paper also explores the institutional variables responsible for the outcome of the vocational education and training. Institutional variables as explored in the existing research are -- course duration, stratification between vocational and general education, employer participation, and ‘vocational specificity’ of the courses. This work examines another aspect of labour market structure where there is a high supply of engineers. It explores the possibility of the impact of this external factor on the labour market outcome for the VET trained manpower. Possibility of the impact of these variables on the incentive structure for the VET trained manpower is explored. This paper provides direction for future studies for exploring the impact of these variables on the labour market outcome for individuals who are pursuing formal VET.<br/>
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Vocational education and training
Uncontrolled term Labour market
Uncontrolled term Wage
Uncontrolled term Unemployment Safety net
Uncontrolled term India Ministry of Skill Development and Entrepreneurship
773 0# - HOST ITEM ENTRY
Host Biblionumber 49837
Host Itemnumber 60055
Main entry heading Indian Institute of Managementl Banglore
Place, publisher, and date of publication Banglore Indian Institute of Management Banglore
Other item identifier 5556062
Title IIMB Management Review Vol 28
International Standard Serial Number 09793896
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Journal Article
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Total Checkouts Full call number Barcode Date last seen Price effective from
    Dewey Decimal Classification     Main Library Main Library 25/06/2018   Vol 28, Issue 2/ 5556062JA4 5556062JA4 25/06/2018 25/06/2018

Circulation Timings: Monday to Saturday: 8:30 AM to 9:30 PM | Sundays/Bank Holiday during Examination Period: 10:00 AM to 6:00 PM