Industry-Academia Partnership for Employability

When a question is asked about problems of developing and underdeveloped countries, poverty caused by unemployment always stands at the top. No matter how efficient may be the government's effort to remove the problem of unemployment, there remains the problem of unemployment. Even in the developing countries like India, China and African nations, where the educational institutions doing at their best, the problem of unemployment exists. One of the important characters we can trace in developing countries is, the fast growing economy because of industrialization. Now the question arises, how these developing countries are affected by the problem of unemployment even they are at the stage of industrialization. The MNC's are keen interested in investment in these developing countries. No doubt, this will generate plenty of employment opportunities. But, the problem is that the people of these developing countries are lacking the required skill and efficiency. Their productivity is not up to the expectation of MNC's. This paper aims at identifying the problems generally faced by people, students and the companies. Possible remedies to overcome the problem of inefficiency can be adopted by the co operation of educational institutions and companies. The paper also includes opinions of 50 students about their expectations. Out of 50 students 20 students are from city area who have completed their primary and secondary education in English medium. Remaining 30 students are from rural background.