SKILL DEVELOPMENT IN INDIA✓
In News: Recently, the Union Skill Development and Entrepreneurship Minister inaugurated the 13th Federation of Indian Chambers of Commerce & Industry (FICCI) Global Skills Summit 2022.
ISSUES✓ Discontinuity in Policy Process
✓ Employers’ Unwillingness
✓ Overburdened Responsibility
✓ Number of New Entrants
✓ Absence of micro-level study on skill development
✓ Not recognising the backward and forward linkages in skill training
NEED FOR SKILL DEVELOPMENT OF WORKFORCE✓ Rising Unemployment
✓ Lack of Skills in Workforce
✓ Demand for Skilled Workforce
✓ Supply and Demand Issues
VARIOUS INITIATIVES ✓ SANKALP and STRIVE Project
✓ PM Kaushal Vikas Yojana
✓ Mandatory CSR Expenditure
✓ Initiatives from Several Ministries
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