India has one of the youngest populations in the world, a trend that is expected to continue until 2040. With an ever growing economy, it requires a large pool of skilled workers which entails numerous skill development initiatives for training them. Also with structural shift towards higher-productivity sectors, up-skilling of labour force is essential in order to ensure the country’s inclusive economic growth. Thus the need for a well-defined skill development framework, with clear demarcation of responsibilities for achieving specific targets, has been recognized by the Government of India.
Below given are some of the path-breaking initiatives being taken across various sectors:
Government Initiatives
- The Ministry Of Skill Development And Entrepreneurship has announced the launch of an online platform- www.indiaskillonline.com
- MOU has been signed between MSDCS and ISRO on a nation-wide space distance learning program
- The govt. is launching 50 India international skill centers across the country to help in foreign placement
- Rise India in partnership with the Rajasthan government is planning to launch skill-building centers across the state to connect with young people and focus on building their skills in the agriculture and automotive industries
Corporate Initiatives
- Ola has signed a deal with haryana government to skill 10000 men and Women
- Tata Trusts and GE Healthcare have joined hands to bridge the “Skill Gap” in healthcare sector
- Vedanta aligns with Pradhan Mantri Kaushal Vikas Yojana for skill development
- SBI and Oracle India in collaboration launched “D-Change” program to support “Skill India” and “Digital India”
Academic Initiatives
- Coca-Cola University has announced the skilling of 350000 people by Dec 2017
- Maharashtra board has decided not to fail students in SSC, instead, they will provide skill training to them
- Symbiosis University of Applied Sciences becomes the first skill development University