New Delhi : The government has skilled nearly around 90 lakh people under Pradhan Mantri Kaushal Vikas Yojana (PMKVY), 30-35 lakh got placements, said Raj Kumar Singh, minister of state for skill development and entrepreneurship at an Assocham event held in New Delhi.
The government and industry need to collaborate to pave a roadmap for identifying the transforming needs of the future economy, said Singh, at skilling India summit and awards at New Delhi.
Singh further stated that quality and cost need to be evaluated when competing with the global market at Assocham skilling India summit and awards.
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India is one of the youngest nations in the world, with more than 62% of the population in the working age. Today, less than 4% of the Indian workforce is skilled, in contrast to the 42% in US, 76% in Germany, 80% in Japan and 96% in South Korea. Our workforce readiness is one of the lowest in the world and a large chunk of existing training infrastructure is irrelevant to industry needs.
Without proper skills, this huge youth population would be demographic liability instead of demographic dividend; however, this could change if we reach out to more people with quality learning opportunities, revamp our existing infrastructure and execute plans more effectively by making better use of monetary and resource support available, he said.
“Skills and knowledge are the driving forces of economic growth and social development for any country. Countries with higher and better levels of skills adjust more effectively to the challenges and opportunities of world of work. India is facing several skill development issues which are hampering its progress & economic growth and our government is fully committed to resolve those,” he said.
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In order to cater the need of hour PM Narendra Modi was launched the National Skill Development Mission on the occasion of World Youth Skills Day, that is, July 15, 2015. The government launched the mission which aims to train over 400 million people in India in different skills by 2022. The mission was launched for creating convergence across various sectors and different states in terms of activities relating to skill training, he stated.
Mahendra Nath Pandey, union minister for skill development and entrepreneurship said, “India’s transition to a knowledge-based economy requires a new generation of educated and skilled people. Its competitive edge will be determined by its people’s ability to create, share, and innovate effectively. The Skill India Mission has so far given a huge impetus to the skilling ecosystem of the country by placing importance on training people in vocational trades that have a direct link to livelihood. We understood early that with the skilled workforce, we can nudge our economy to grow at a faster pace.”
“We all need to work together – the center, the states and the industries, towards a holistic approach, enabling our young workforce to be largely equipped with industry-relevant skills relevant to the jobs of the future. I urge all our partners to invest in our future by investing in skill development and work towards the dream of our PM of making India the skill capital of the world,” he added.
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