This story is from December 6, 2016

Ronnie Screwvala offers to up skill L&T’s laid-off staff

The programme will be run through UpGrad, an online higher education platform that offers courses in product management, data analytics and digital marketing.
Ronnie Screwvala offers to up skill L&T’s laid-off staff
The programme will be run through UpGrad, an online higher education platform that offers courses in product management, data analytics and digital marketing.
Mumbai: Ronnie Screwvala has presented Larsen & Toubro (L&T) with a plan to upskill the 14,000 people that India’s largest engineering firm is laying off, an initiative that could mark a turning point for the country’s jobs market if it’s accepted.
L&T is shedding employees in record numbers due to digitisation and productivity enhancement, it has said.

The programme will be run through UpGrad, an online higher education platform that offers courses in product management, data analytics and digital marketing. Co-founder Screwvala is best known for setting up media company UTV Group.
"Our core at UpGrad is that while technology driven disruptions will create redundancies, it will create even more opportunities and with the right learning and training we can upskill individuals for future jobs," said Screwvala.
"The L&T announcement triggered us to act on this and this initiative is the first of its kind in India and globally. Both organisations and individuals need to take this issue head on with a sense of urgency."
An UpGrad team will work to ensure relevant placement or jobs once the upskilling is done. The assessment and gap analysis will be free while the online course of one to three months will be a paid programme with scholarships. It will also involve one-on-one mentorship and assessment.

"It will be a test case for us where we will gather a critical mass (of people), conduct gap analysis and based on that design a learning experience that will enable a shift in career planning," Screwvala said.
L&T declined to comment on the proposal. The central government has emphasised the need for skill development to equip Indians for complex tasks as jobs increasingly demand expertise of a higher order.
The UpGrad programme looks to become part of this ecosystem. "If we can do it as a model on that scale it will be the best way for us to prove our programme," said Screwvala.
"Even if we don’t get a positive response from L&T, we will still go ahead with our plans." The UpGrad team has also contacted some of those laid off through LinkedIn and recruitment agencies.
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About the Author
Rica Bhattacharyya

I've been a business journalist for more than 15 years, mostly tracking the 'careers & job market'. I write on talent, people movement, leadership trends, corporate strategy & governance, higher education, gender & diversity. In my previous stints, I have worked with Business Standard, ET in Kolkata and three real-time news wires - CrisilMarketwire, NewsWire18, and TickerPlant. Right after my Masters, I worked for a funding agency in the social development sector. This assignment took me to the hinterlands of Jharkhand, Bihar, Orissa and West Bengal - and it's here, I realised how a few jute bags and some bamboo baskets put food on the tables of poor households.

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