The Hangout will have different stakeholders including government, World Bank and CEOs of large Indian corporations that will deliberate on ways in which corporate social responsibility (CSR) funds of Indian firms can be channelled towards skill development initiatives of the government.
"The Google+ Hangout will help us brainstorm on how public and private capital can be effectively channelled towards skill development in order to prepare a better skilled workforce for the job market," World Bank Country Director in India Onno Ruhl said.
Chairpersons of public sector undertakings such as State Bank of India, Oil and Natural Gas Corporation Ltd (ONGC) and Bharat Heavy Electricals Ltd (BHEL) will also participate.
"India is expected to have half of its population under 28 years by 2030. While the 'ageing economy' phenomenon will globally create a shortage of skilled manpower of 57 million by 2020, India will have a surplus of 46 million working people. Helping this young population with the right skills will provide India a huge demographic dividend," Rudy said.
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The Skills to Jobs platform -- created as part of World Bank technical assistance to MSDE -- is a technology enabled multi-stakeholder platform that will effectively channel funds (both government and corporate) towards skills projects and also help Indian companies and skilled trainees to connect, which could lead to better job prospects for the trainees.
The entire platform will be driven through a combination of marketplace and cloud, mobile and big data technologies.
All data points will be tagged to Google Maps, thereby, providing exact locations while ensuring highest levels of data authenticity.