Budget 2020 will allow India to create quality skill development, says Manit Parikh, Country Head India, ELSA Corp 

For India to have a $5 trillion economy, the youth have a key role to play in enabling this goal. The advantage of the ‘youth dividend’ needs to be channelised and enabled to put the country on the global map, writes Manit ParikhCountry Head IndiaELSA Corp  (English Language Speech Assistant Corporation).

“There is a huge demand for Indians internationally as well. However, the skills do not match in accordance to demand by employers. So, by the government proposal of Rs 3,000 crore it allows the country to create quality skill development which will be available at affordable cost, focusing on 5 key components that are Visual, Reading, Listening, Speaking and Thinking among others are very important, especially via the use of emerging technologies such as Artificial Intelligence (AI), Augmented Reality (AR) / Virtual Reality (VR) and more,” says Parikh, commenting on the Budget announcements.

“There have been many Ed-Tech companies in India like BYJUs, ELSA Speak and more who are at the forefront of this by engaging with both youth and adults in Tier 1 cities and beyond to empower and uplift them to have jobs and move away from ones which may soon become obsolete,” he says.

About ELSA:
ELSA Corp is an Edu-Tech headquartered in the US with tech offices in India, Portugal and Vietnam.
A team of speech recognition scientists and linguistic experts came together to create ELSA (English Language Speech Assistant), the world’s smartest A.I. Assistant for pronunciation training and accent reduction.
ELSA Speak is a personal virtual pronunciation coach. ELSA can listen to you speak English, pick out the exact errors as you speak at an individual sound level or intonation, rhythm, and pitch. ELSA will then give you instant feedback and recommendation on how to fix those errors. The feedback is fully automated using a proprietary speech recognition technology based on a deep-learning algorithm.

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