Skill Development: Imperative for India’s Growth
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 3
Abstract
It is time to take a relook at the education paradigm and the consociate it has with employment and employability. Though these are two attributes, we need to address them with poise and equanimity since the demographics points outthat more than 50 per cent of the population is slanted towards the younger generation in the nextten odd years whose fire in the belly and yearning can conflagrate a Nation on the move. Lack of education and lack of skills is a pestilence that we need to overcome in our current system and the faster we do this, the better for all concerned. Education certainly opens the doors to lead a life of liberty meaningful by allowing one to achieve prosperity. Successs does not come through magic. It needs necessary skills to succeed. This universal truth is equally applicable for the young generation. Youth energy can be the driving force for social and economic development of any country provided it is channelized effectively. The Indian employers have been struggling with acute shortage of skilled manpower despite India having the largest pool of young population in the world. Reason Lack of required expertise for specific job. As per the Labour Bureau Report 2014, the current size of india formally skilled workforce is only 2%. This apart, there is also the challeng of employability of large sections of the conventionally educated youth. The indian education system has been churning out brilliant minds but lacking in skill sets required for specific jobs. The Skill India mission launched by the government aims to provide a solution to this problem through creation of a job ready and skilled workforce by equipping it with employable skills. The mission aims to skill over 40 crore people by 2022 and enhance their employability by training them in skill sets of their choice.
Authors and Affiliations
Dr. Anita
Keywords
Related Articles
- EP ID EP409943
- DOI 10.9790/487X-2003051620.
- Views 60
- Downloads 0
A Study on The Role of Money Lenders In Guntur District A.P
Moneylenders have always been known for explorative practices and prices in lending poor.They have strengthened since liberalization; their share in the decade following it has risen substantially.This study has designed...
India and Saudi Arabia Health Care Systems: Learning From Each Other Health Care System
Saudi Arabia and India are doing their best to improve the medical facilities for their citizens. Both countries have government sector and private sectors working in health care sector. Both are Asian countries and have...
Role of Microfinance in Women Economic Liberalisation (With Special Reference to Rajasthan)
Women Plays Important Role In Bringing Growth Not Only In Family But Also In Community And Nation. For Overall Upliftment Of Society Women Are Need To Be Empowered. Microfinance Is One Of The Emerging Tools For The Women...
Microenterprises: Opportunity or Distress Driven
The paper discusses the various socio economic factors that determine whether an individual will be able to start and operate an enterprise and also the probability of success.The paper deals with the demographic profile...
Effect Of Private Asset Financing Loans On Financial Performance Of Real Estate Investment Firms In Nauru Town, Kenya
There has been an ever-growing demand for housing in Kenya. Though this may spell booming business for real estate financing investments, this has not been the case, at least in in relation to financial performance. The...