Browsing by Author "Kumar, Koidala Harish"

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    The effect of social capital on career choices in rural and urban India : evidence from a panel data analysis - importance of considering social capital in designing policies relevant to career and occupation of youth
    (National Law School of India University, Bangalore, 2023-10-18) Kumar, Koidala Harish; Dr. Sudipa Sarkar, - Supervisor
    India has a huge demographic dividend with almost 67% of the population being in working age. These working age people plan their career keeping the interests of the themselves and the society at large. Career planning is arguably one of the most important decision-making processes in the life of youth. There is a wide spread information asymmetry among the Indian youth due to poor career counselling services and lack of avenues to dissipate information pertaining to career options available. They are many factors that influence the career choices, but the adolescents who are yet to make a choice on career are mostly influenced by the social capital of the individual or household. There is no particular one definition for social capital, but for the purview of this research the factors like social networks, memberships in various associations, confidence in institutions, household socio-economic characteristics, exposure to mass media, area of residence and safety of the locality are considered to define the social capital of the individual. With the help of panel data provided by the Indian Human Development Survey (IHDS), the research could analyse the social capital factors influencing the career decision undertaken by an individual. The various factors that influence the career decision in the youth are analysed and how these factors are diverse for both the rural and urban youths are emphasised. The findings indicated how certain factors have significant impact of the career choice compared to others. Finally, based on this research few policy recommendations were outlined to bridge the information asymmetry and create a level playing field for youth in their race to choose the career stream that is best suits them to fulfil their maximum potential. Key words: Social Capital, career choices, career planning, social networks.