BSS-41 Speakers for creating skilled workforce to meet demand in industries

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BSS-41

DIALOGUE-SKILLED MANPOWER

Speakers for creating skilled workforce to meet demand in industries

DHAKA, Dec 27, 2018 (BSS) – Speakers at a policy dialogue today underscored the need for creating skilled workforce to fulfill the demand of efficient manpower in the country’s industrial sector.

They said Bangladesh is yet to tap full potentials of its manufacturing sector due to acute shortage of skilled workforce that extensively reduces productivity.

To overcome this bottleneck, they observed that the government should take immediate move to create skilled workforce through arranging job-oriented vocational trainings.

The speakers came up with the remarks at the policy dialogue titled “How to Improve the Success of a Skills Training Program: Experimental Evidence from Bangladesh” at the National Skill Development Council (NSDC) Secretariat in the city.

NSDC and the International Growth Centre (IGC) jointly organised the dialogue to promote sustainable growth by creating skilled manpower.

NSDC Chief Executive Officer (CEO) and Additional Secretary ABM Khurshid Alam presided over the dialogue, while Oxford University Professor Chris Woodurff and Assistant Professor of Economics at Florida International University Dr Abu S Shonchoy jointly presented a research paper.

Among others, Professorial Fellow of BRAC Institute of Governance and Development (BIGD) of BRAC University Dr Sultan Hafeez Rahman and NSDC Director Rezaul Karim were present.

Emphasizing the need for conducting such researches, Khurshid Alam said proper studies in different fields can help policymakers formulate effective guidelines that will ultimately help the manufacturing sector flourish to the expected level.

Sultan Hafeez Rahman said research work helps overcome the challenges in skills for facilitating the industry to boost their productivity.

Effective outcome from a research mostly depends on availability of data and lack of information is a major constraint to quality research, he mentioned.

Highlighting a gloomy picture of migration by rural poor, Dr Shonchoy said the migration rate is low due to lack of job-related information, job skills, liquidity constraints and risk and uncertainty of migration.

“Though rural to urban migration has been an integral part of development process and economic growth globally we observe low level of internal rural to urban migration by poor to job locations,” he added.

Dr Shonchoy said one of the reasons is lack of information about job prospects and for this, poor do not know where the jobs are and how to get those.

“Liquidity constraint is another major problem and so poor face liquidity constraints to invest on profitable investment like migration,” he added.

BSS/PR/KUC/SH/1856hrs