A study has found that the national efficiency in terms of the workforce productivity in Bangladesh are still very low comparing to that of many other countries.
Mismatch between education and occupation has also got its impact on such low efficiency level, observed the study carried out by Institute of Diploma Engineers, Bangladesh (IDEB).
Research anthology titled ‘Build Skill Bangladesh for Emerging Bangladesh as Development Nation’ was unveiled on Sunday at IDEB in the city.
IDEB came up with the findings by analyzing at least 57 national and international research based books, case studies and survey results.
The research showed that the Bangladesh workforce productivity in service sector, in terms of GDP, were 23 percent of Thailand, 24 percent of Sri Lanka, 29 percent of China, 45 percent of India and 65 percent of Vietnam.
According to the study, in agricultural sector the productivity of Bangladesh were 18 percent of Malaysia, 13 percent of Japan and 8 percent of Australia whereas in the industrial sector the productivity were 61 percent of India, 4 percent of Malaysia, 1.3 percent of Australia and 1 percent of Japan.
The study found the prime cause of the low-level efficiency is the disconnection between the education qualifications with the occupational demand of the employment market.
It said at least 61 percent public universities’ students enrolled in Arts, Humanities and Social Sciences whereas 40 percent private universities’ students awarded higher degree in Business Administration. However in applied sectors like engineering, science, technology and ICT, the ratios are 12 percent in public universities and 28 percent in private universities. These huge numbers of graduates are not being able to contribute in technical sectors for which Bangladesh was not getting enough skilled manpower.
It estimated that the working age population in Bangladesh will reach 128 million by 2030 and if the huge population is not turned into skilled manpower it will bring economic burden.
According to the analysis of population potential and challenges, it said, after 2030 the working age population will start decreasing.
