Labour market outcome for formal vocational education and training in India: Safety net and beyond
This paper explores the safety net aspect of the labour market incentive for vocational education and training (VET) in the Indian context. Using two rounds of National Sample Survey data this paper explores the wage, unemployment, and status of employment of the individuals who participate in the l...
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Format: | Article |
Language: | English |
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Elsevier
2016-06-01
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Series: | IIMB Management Review |
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Online Access: | http://www.sciencedirect.com/science/article/pii/S0970389616300209 |
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author | Tutan Ahmed |
author_facet | Tutan Ahmed |
author_sort | Tutan Ahmed |
collection | DOAJ |
description | This paper explores the safety net aspect of the labour market incentive for vocational education and training (VET) in the Indian context. Using two rounds of National Sample Survey data this paper explores the wage, unemployment, and status of employment of the individuals who participate in the labour market after completing VET. It is observed that there is a significant positive return of VET to the wages, and a significant number of individuals participate in salaried work. However, unemployment from VET is quite high, particularly for the individuals who have done VET courses which correspond to lower levels of general education. Institutional factors which may impact this labour market outcome are also explored for the Indian context. |
first_indexed | 2024-04-12T13:47:32Z |
format | Article |
id | doaj.art-857a01dcc84d4c629e836bfdaa0b2138 |
institution | Directory Open Access Journal |
issn | 0970-3896 |
language | English |
last_indexed | 2024-04-12T13:47:32Z |
publishDate | 2016-06-01 |
publisher | Elsevier |
record_format | Article |
series | IIMB Management Review |
spelling | doaj.art-857a01dcc84d4c629e836bfdaa0b21382022-12-22T03:30:38ZengElsevierIIMB Management Review0970-38962016-06-012829811010.1016/j.iimb.2016.05.002Labour market outcome for formal vocational education and training in India: Safety net and beyondTutan AhmedThis paper explores the safety net aspect of the labour market incentive for vocational education and training (VET) in the Indian context. Using two rounds of National Sample Survey data this paper explores the wage, unemployment, and status of employment of the individuals who participate in the labour market after completing VET. It is observed that there is a significant positive return of VET to the wages, and a significant number of individuals participate in salaried work. However, unemployment from VET is quite high, particularly for the individuals who have done VET courses which correspond to lower levels of general education. Institutional factors which may impact this labour market outcome are also explored for the Indian context.http://www.sciencedirect.com/science/article/pii/S0970389616300209Vocational education and trainingLabour marketWageUnemploymentSafety netIndiaMinistry of Skill Development and Entrepreneurship |
spellingShingle | Tutan Ahmed Labour market outcome for formal vocational education and training in India: Safety net and beyond IIMB Management Review Vocational education and training Labour market Wage Unemployment Safety net India Ministry of Skill Development and Entrepreneurship |
title | Labour market outcome for formal vocational education and training in India: Safety net and beyond |
title_full | Labour market outcome for formal vocational education and training in India: Safety net and beyond |
title_fullStr | Labour market outcome for formal vocational education and training in India: Safety net and beyond |
title_full_unstemmed | Labour market outcome for formal vocational education and training in India: Safety net and beyond |
title_short | Labour market outcome for formal vocational education and training in India: Safety net and beyond |
title_sort | labour market outcome for formal vocational education and training in india safety net and beyond |
topic | Vocational education and training Labour market Wage Unemployment Safety net India Ministry of Skill Development and Entrepreneurship |
url | http://www.sciencedirect.com/science/article/pii/S0970389616300209 |
work_keys_str_mv | AT tutanahmed labourmarketoutcomeforformalvocationaleducationandtraininginindiasafetynetandbeyond |