[melancholic music]
Sharada Dey Chowdhuri (VO):
Every year in India, over 14 million youth hit employment age, but too many are unprepared for the workforce. With the help of JPMorganChase, Tata STRIVE plans to change that.
Ameya Vanjari:
Tata STRIVE is a skill development initiative. We are in the business of moving the unemployed youth of India to employment by giving them the skills that is needed by the industry. Our target group comes from a disadvantaged background. So students come with various pressures. So we have seen 15 to 20% dropouts over the years.
Sharada Dey Chowdhuri:
Staying in the course is going to create a huge, huge impact in the person's life, in the family, in the society.
Raghu Reddy:
The challenge here is that we can't stop the dropouts unless we know why they're dropping out, and technology can help.
Ameya Vanjari:
JPMorganChase provided us the right talent and innovations through the Tech for Social Good program.
Anitha Kaveri Pratap:
Tech for Social Good works very closely with social good organizations, building tech, data, and design solutions for them. When Tata STRIVE approached us, they wanted us to build a predictive model that would predict these dropout rates a lot better.
Ravi Yadav:
They wanted some kind of early warning system that can help them to intervene in time. So what we did is we did some machine learning models which predicts students who may drop out.
Anitha Kaveri Pratap:
And then we don't stop just there. We go back and ask them, what's working for you? What's not working for you? As time progressed, the algorithms got smarter, and we were able to predict at 96% efficacy two weeks before a dropout happened.
Lakshmi Gopalan:
JPMorganChase is giving the skill and the talent of its technologists to solve the most difficult problems of our social partners. They were able to reduce the dropouts of their at-risk learners by 33%. That's the level of impact we are talking about.
Raghu Reddy:
Even one person's life, just because of this dropout prediction model, his life is actually getting transformed. It's a big thing.
Anitha Kaveri Pratap:
Every student you keep in the program is guaranteed an employment outcome, which means you are adding critical income to an impoverished household.
Sharada Dey Chowdhuri:
You are able to support your siblings for further studies. You are able to support the only earning member of your family who is actually aging right now. You become the pillar of strength for the family.
Ameya Vanjari:
More than 400,000 have been skilled by Tata STRIVE over the last 10 years. So what we have started with JPMorganChase is only a starting point. The opportunity space is immense.
[emotional music]
END
