Based on employability figures of trainees from 37% of Centres, the earning numbers for 30,000+ trainees of the Sathya Sai Vocational Training Centres have been calculated. The potential earnings of all trainees are calculated based on the average monthly salaries I wages reported for their categories. Next, the employability percent (trainees employed or self-employed] reported by 37% of the Centres is used to calculate potential earnings only for that percent deemed employed or self-employed out of the total sample. These calculations give a fair idea of the potential and actual earnings of the trainees.
To summarize the learnings from the above figures:
- If all the trainees were employed I self-employed, they would earn ~24 crores per month I ~286 crores per year. These are potential earnings of the trainees.
- Based on the reported employability percentages for each skill type, actual average trainee earnings amount to ~8 crores per month I ~96 crores per year.
As discussed earlier, since employability numbers are not known for all centres/trainees, ~96 crores per year is a conservative estimate, and earnings per year range from ₹96 crores to ₹286 crores at highest rate of employment. Since government training programmes also demonstrate employability rates of 30-40% or lower in some cases, this is a reasonable calculation of potential and actual earnings of the graduate trainees.