
Is it time to put skills above degrees for career growth?
With over 65% of its population under the age of 35, India has one of the world's youngest workforces. This demographic advantage offers great potential but only if it is matched with the right skills to navigate a digital-first, rapidly evolving economy. To stay competitive, organisations must invest in dynamic learning infrastructures-such as internal academies and modular, on-demand programs-that support continuous employee development.The shift from one-time training to ongoing learning enables talent to evolve in line with business needs. Beyond AI and digital fluency, there's a growing demand for soft skills like adaptability, critical thinking, and emotional intelligence, which are key to fostering innovation and operational efficiency. Technology = Learning AcceleratorTechnology is a powerful enabler of continuous learning with advanced tools increasingly taking on complex functions like research, coding, and content creation. This shift allows employees to focus on higher-order thinking, strategic problem-solving, and upskilling. Simultaneously, AI-driven platforms are personalising and streamlining learning experiences. Recognising this, many organisations are ramping up investment in upskilling and reskilling. In India, 58.5% of companies have allocated a portion of their Learning & Development budget to upskilling initiatives in FY25, according to Great Learning's Workforce Skills Evolution Report.India's aspiration to become a global AI leader adds urgency. With a projected demand for 2.3 million AI jobs by 2027 and a supply forecast of just 1.2 million professionals, the talent gap is widening. To bridge this gap, organisations must embed learning into everyday work by integrating continuous, role-specific upskilling into daily workflows. With AI-related job postings in India growing at 21% annually and a projected shortfall of over 1 million skilled professionals by 2027, traditional training models are no longer sufficient. MICRO-CREDENTIALS AND TALENT PARTNERSHIPSOne of the most promising developments in modern workforce learning is the rise of micro-credentials. According to a Coursera study, 95% of employers indicate they are more likely to hire a candidate with GenAI micro-credential, and 9 out of 10 indicate that such hires exhibit more effective on-the-job performance and faster productivity gains. advertisementMicro credentials are essentially brief, targeted, and applied learning modules created to develop job-specific competencies at a quick pace. Whether it's learning a new coding language, applying design thinking, or becoming more effective as a leader, these stackable programmes are beneficial for both graduates and experienced professionals. While many of these models are self-paced, offering learners the flexibility to build expertise on their own time, others are instructor-led, providing structured guidance, encouraging greater independence, adaptability, and consistent progress.Preparing India's workforce for the future demands building collaborative ecosystems. Strategic alliances between industry, academia, and government will be critical to providing scalable, sector-specific skilling programs that have a meaningful impact.However, organisations have to move beyond transactional outsourcing and re-imagine talent partnerships as sustained investments in skill development. The future is in disciplined partnerships that combine coaching, ongoing upskilling, and open career paths, building a workforce that is not only skilled but also motivated and future focused. - EndsMust Watch
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hindustan Times
a day ago
- Hindustan Times
What keeps the C-suite awake at night
In today's volatile and high-stakes world, Indian business leaders are not just strategists or growth enablers they are risk managers at heart. Their biggest challenge? Navigating a landscape where risks have become increasingly complex, interconnected, and catastrophic in consequence. From cyber breaches that can wipe out decades of customer trust to climate events that physically damage core infrastructure, the modern C-suite is dealing with an expanding risk spectrum. Cyber era (Shutterstock (PIC FOR REPRESENTATION)) At a time when risks are more visible than ever, this is a timely opportunity for reflection and decisive action to assess whether Indian enterprises are adequately equipped to withstand this onslaught. Insurance is no longer just a regulatory requirement it is a strategic asset. And yet, there are significant gaps in how risk is understood, managed, and transferred in corporate India. The World Economic Forum's Global Risks Report, to which Marsh McLennan is a strategic contributor to, has consistently highlighted three interlinked threats that demand urgent attention from Indian businesses: Cyber, climate, and catastrophe. Let's start with cyber. In an era of accelerated digitisation, businesses are collecting more data, operating on cloud-based systems, and engaging with third-party digital partners and while this creates immense operational value, it also creates new risks. Unfortunately, cyber insurance adoption in India is still in the earlier stages for many businesses, and the reality is that many firms lack adequate coverage and at times clarity about policy terms and exclusions, which can leave their business operations vulnerable. On the climate front, India is one of the most climate-vulnerable countries in the world. Extreme weather events such as floods, droughts, heatwaves, and cyclones are intensifying, yet few companies have embedded climate risk into their insurance planning. Most still rely on traditional property and casualty policies, which may not respond effectively to climate-induced business interruptions or supply chain failures. This is where parametric insurance, which pays out based on predetermined triggers like rainfall levels or temperature, is increasingly being seen as a strategic tool. And then comes catastrophe, both natural and man-made. From industrial accidents and fires to geopolitical shocks and cross-border supply chain disruptions, catastrophic events are becoming more frequent and less predictable. Leaders must consider not only their direct exposures but also the systemic vulnerabilities that ripple across sectors and geographies. The truth is, many Indian companies are still approaching insurance as a static purchase decision, or as an annual renewal exercise, largely driven by cost rather than coverage or strategic alignment. This mindset needs to change. Risk today is dynamic and so must be the insurance response. Businesses need a more integrated approach that links enterprise risk management with risk financing. This means understanding the full spectrum of insurable and uninsurable risks, building tailored coverage portfolios, stress-testing risk models, and periodically recalibrating insurance strategies to reflect evolving exposures. Additionally, there's a growing need for leaders to look beyond traditional indemnity products and explore innovative solutions such as business interruption covers, trade credit insurance, and directors and officers' liability (D&O) policies — all of which are becoming essential in boardroom conversations. This is where trusted risk advisors make a critical difference. The role of the insurance broker has evolved from being a transactional intermediary to that of a strategic risk partner. Today, risk advisors are not only helping companies place insurance, they are working alongside leadership teams to measure exposures, model loss scenarios, and mitigate vulnerabilities before they escalate. The goal is to help organisations shift from hindsight to foresight. By leveraging data analytics, sector-specific benchmarking, and scenario planning, advisors enable businesses to anticipate emerging risks and structure resilient, fit-for-purpose insurance programmes. Whether it's helping a manufacturer prepare for cyber intrusions or guiding a logistics firm through climate-sensitive regions, the focus is on proactive planning to strengthen enterprise resilience. As India strides toward becoming a $ 5 trillion economy, we must also become a more insured economy. Insurance is a vital pillar of financial resilience, economic continuity, and investor confidence. The C-suite is awake to the reality that disruption is the new normal. The question is, are we insuring wisely enough to stay ahead of it? This article is authored by Sanjay Kedia, chief executive officer, Marsh McLennan India, president & CEO, Marsh India.


Time of India
2 days ago
- Time of India
Coursera global skills report 2025: India ranks 89th; AI and tech skills in high demand
Coursera, Inc., a leading global online learning platform, released its annual Global Skills Report , revealing a 107% year-over-year (YoY) surge in Generative AI (GenAI) enrollments in India and over 2.6 million enrollments to date — the highest of any country globally. With a rapidly growing learner base now exceeding 31 million, India has also surpassed Europe in total learner numbers on Coursera, highlighting its deepening commitment to digital transformation and job-relevant education. Based on insights from Coursera's global community of over 170 million learners, the report tracks emerging skill trends across more than 100 countries. Now in its seventh year, the 2025 edition ranks India 89th globally for overall skills proficiency and 19th in Asia Pacific. Indian learners demonstrate 18% proficiency in business, 22% in technology, and 20% in data science. The report also introduces a new AI Maturity Index, where India ranks mid-tier (#46), signaling a growing but uneven ecosystem for AI innovation and talent development. India's growing skilling ambition is backed by soaring demand for digital and AI talent. India's AI Revolution: A Roadmap to Viksit Bharat estimates the country will need one million AI-skilled professionals by 2026. The World Economic Forum reports that 30% of Indian employers (compared to just 19% globally) are shifting to skills-based hiring by removing degree requirements. Coursera's learner trends reflect this transition, with enrollments in Professional Certificates growing 23% YoY, alongside rising demand for employer-prioritized skills such as AI/ML (+84%), customer service (+41%), and curiosity (+32%). 'India's digital and AI ambition is clearly reflected in both national policies and learner behavior,' said Prashasti Rastogi, Director - Coursera for Campus and Coursera for Government, India. 'From national AI missions to skills-based hiring reforms and interdisciplinary education models, we're seeing the foundations of a future-ready workforce take shape. Coursera is proud to support this transformation by partnering across education, industry, and government to build a scalable and inclusive talent pipeline aligned to India's economic goals.' Key findings for India: India leads globally in GenAI enrollments, with a 107% YoY surge. However, only 30% of GenAI learners are women, compared to 40% of overall Coursera enrollments, revealing a gender gap in emerging tech Certificate enrollments grew 23% YoY to 3.3 million, indicating strong demand for job-relevant credentials. However, only 26% of these enrollments are from women, pointing to an opportunity for more inclusive than half of Coursera learners in India (52%) access the platform via mobile, reflecting the country's strong digital adoption and widening access to flexible, self-paced learners are prioritizing full-stack development and DevOps skills, with strong demand for web development, application lifecycle management, and containerization — reflecting a clear focus on software engineering and scalable tech infrastructure. With over 31 million Coursera learners and a median learner age of 31, India is uniquely positioned to shape the global workforce of the future. The country is expected to contribute 24% of global workforce growth over the next decade, with its working-age population projected to peak at 68% by 2030 . Yet challenges remain. According to the ILO , 47% of Indian workers – and 62% of women – are underqualified for their jobs, underscoring the urgent need for outcome-based, inclusive, and scalable skilling. Bridging this gap will require coordinated national efforts – including expanding public-private partnerships, integrating micro-credentials into higher education, and scaling online learning access. Increasing women's participation in emerging technology fields will also be critical – not just to achieve gender equality, but to unlock the full potential of India's digital economy.


Hindustan Times
4 days ago
- Hindustan Times
Trump Says Banks Discriminate Against Conservatives—and That He Was a Victim
The White House is preparing an executive order that threatens fines for banks that deny services on political grounds, citing the experiences of conservative groups and crypto companies, The Wall Street Journal reported. In a CNBC interview Tuesday, Trump expounded on his own experiences with banks after his first term, saying he was denied accounts by JPMorgan Chase and Bank of America and had to go from bank to bank trying to open accounts. 'The banks discriminated against me very badly. And I was very good to the banks,' Trump said after being asked about the draft order. Trump's history with banks goes back decades and has at times been rocky. After doing extensive business with Trump in the 1980s and 1990s, some Wall Street banks pulled back in part because of frustration with his business practices and because he moved away from real-estate projects that required financing, the Journal has reported. After his first term as president, Trump said he experienced a new problem: being unable to get an account. 'I've never had anything like it,' he said in the interview Tuesday. 'It's not like, gee, you defaulted on a loan.' The remarks echo complaints by some conservatives who have accused banks of discriminating against them, a practice known more broadly as debanking. Trump attacks Bank of America, JPMorgan Just days after his inauguration in January, Trump gave voice to the issue when he confronted Bank of America Chief Executive Brian Moynihan on stage at the World Economic Forum in Davos, Switzerland. 'I hope you start opening your bank to conservatives,' Trump said by video. 'Because many conservatives complain that the banks are not allowing them to do business within the bank and that included a place called Bank of America.' Trump also called out Jamie Dimon, the CEO of JPMorgan, who wasn't on stage with Moynihan but who was attending the conference. Cryptocurrency businesses have also recently said that they were refused banking services during the Biden administration. Democrats, too, have cited their own examples of customers being denied services, including formerly incarcerated people. Trump on Tuesday called out banks for specifically targeting his supporters. A draft of the executive order viewed by the Journal accuses banks of operating a 'government-directed surveillance program' in the wake of the Jan. 6, 2021, attack on the U.S. Capitol. The government suggested to banks that they flag individuals who made payments involving terms such as 'Trump' or 'MAGA,' according to the draft, which could be subject to revisions and hasn't been signed. Banks deny closing accounts for political or religious reasons, saying closures have been driven by legal, reputational or financial risks—including those stemming from the U.S.'s anti-money-laundering laws. They have largely blamed regulators for creating the pressure to avoid such risks, though some have moved to withdraw policies that expose them to criticism of political or religious bias. President's experiences In the interview Tuesday, Trump said he was dropped by JPMorgan after his first term as president. 'I was loaded up with cash and they told me, 'I'm sorry, sir, we can't have you, you have 20 days to get out,'' Trump said. 'I was never in this situation before.' A JPMorgan spokeswoman said the bank doesn't close accounts for political reasons. 'We agree with President Trump that regulatory change is desperately needed,' she said. The president said he later called up Bank of America and suggested he spoke directly to the bank's CEO, but was again denied. A Bank of America spokesman declined to comment on Trump's remarks. The bank has said it welcomes the administration's efforts to provide regulatory clarity. Trump said he ended up depositing his money at a series of smaller banks. His remarks expand on allegations made by his businesses. The Trump Organization sued Capital One over the bank's decision in 2021 to shut down hundreds of its corporate accounts. Capital One said in a court filing that it only closes accounts for 'legally and regulatorily permissible reasons.' Trump on Tuesday acknowledged that banks were under regulatory pressures. 'The group they're really afraid of is bank regulators,' he said. Write to Dylan Tokar at