Manuscript Title:

THE IMPORTANCE OF RESKILLING AND UPSKILLING IN POST COVID ECONOMY - A CRITICAL STUDY

Author:

Dr SYED YASEEN, R. RAVICHANDRAN, Dr RESHMA SULTAN PH, Dr RAJIRAJAN

DOI Number:

DOI:10.17605/OSF.IO/U26BW

Published : 2022-05-23

About the author(s)

1. Dr SYED YASEEN - Associate Professor, School of Commerce Studies, Jain University, Bangalore.
2. R. RAVICHANDRAN - Assistant Professor, School of Commerce Studies, Jain University, Bangalore.
3. Dr RESHMA SULTAN PH - Assistant professor.
4. Dr RAJIRAJAN - Assistant professor.

Full Text : PDF

Abstract

The growth of industry and economy – in current post pandemic times has been adversely affected by the economic issues and considerable loss of output , GDP and dip in valuations for corporates .Employees and wage earners have to take a leap into the new economy skills, going digital. The digital mode of working thus is going to be crucial and hybrid working models are here to stay and it is time that employees in services and manufacturing get used to it. This calls for new skills to be developed which cannot be ignored and are likely to put the economy in peril, in form of loss of output, GDP, unemployment and the like. It therefore becomes imperative to explore the various aspects of up skilling and re-skilling which are likely required. Re-skilling and Up-skilling will have to be done. That would take in our journey to make the economic development more sustainable and beneficial to various sectors of industry and also for maintaining sustainable living possible.


Keywords

Reskilling, Up skilling, AI, Sustainable-growth, Economic development, digital technologies, Cost reduction, Jobs, Retention.