Recognizing the significant potential and need for skilling, TalentFarm and Rotary Club of Hyderabad East are committed to exploring collaborative initiatives in skilling. These collaborations are particularly focused on Upskilling, Innovation, and Entrepreneurial development for improving employability.
The initiative has set a goal to skill one million youth in the next five years, and then continue at a pace of one million every year by tapping into CSR funds.
According to recent reports, the unemployment rate among Indian youth is alarmingly high and the disruption being caused by AI and other emerging technologies is a great cause of great concern. This disparity is particularly acute for underprivileged groups, hindered by the digital divide. Ironically, while youth are unemployed, industries are grappling with a shortage of skilled talent. India stands at a crossroads, with the potential to become a global leader in skilled labour
Speaking on the occasion, Founder of TalentFarm, Mr. Pankaj Diwan said: ”The Rotary-TalentFarm partnership combines community involvement with cutting-edge AI platforms to offer holistic candidate development. This initiative emphasizes project-based learning, access to industry mentors, and transparent progress tracking.”
The CSR funds are set to increase to 75,000 crores this year and a significant proportion of that is set to go for skilling initiatives.
Speaking on the occasion, President of Rotary Club of Hyderabad East Mr. TMN Chaudhary said: “By transforming education and aligning it with industry needs, India can unlock the potential of its youth and build a prosperous future”
While solving the problem of employability for the youth, the initiative also aims to solve the problem of corporates struggling with Talent and improve the Diversity & Inclusivity quotient in their organizations.
TalentFarm will seek inputs from Industry on a continuous basis to align their skilling initiatives in line with Industry needs.
