Acute shortage of skilled professionals across different sectors including medicine, IT and aviation may dampen the Indian economy’s growth rate, Federation of Indian Chambers of Commerce and Industry (FICCI) has warned. The country would have a shortage of over five lakh doctors and engineers each and thousands of pilots by 2012, according to a study by the chamber.
Presently, there are 5.91 lakh doctors and at best 22,000 would add to this number annually taking the total to about seven lakh by 2012, against an estimated requirement of over 12 lakh, the survey pointed out. “The country would have to take immediate corrective steps to overcome the shortages if it wants to maintain the growth momentum of the economy,” FICCI said.
Key areas
The IT industry requires over 3.5 lakh engineers per year, against the availability of just 1.5 lakh engineers. The total shortfall would be over five lakh by 2012. In aviation there would be a requirement of 5,400 pilots by the end of the 11th plan and thereafter 150 pilots would be required each year to balance retirement and attrition. The FICCI survey identified education, food processing and bio-technology sectors as other key areas that deserve immediate attention for promoting skill development needs of the economy.
In the field of education also there is a faculty shortfall of 25-40 per cent, which could augment further mainly because of acute shortage in the areas of engineering, management, computers and communication.
And as for the biotechnology sector, there is shortage of about 80 per cent of doctorate and post doctorate scientists.