Economic growth is a reflection of jobs created and skills and knowledge are evident requirements for any job. Both developed and developing countries are focusing on skilling people and India is no different. Skills development is key in stimulating a sustainable development process and can make a contribution to facilitating the transition from the informal to the formal economy. Skill development is also essential to address the opportunities and challenges to meet new demands of changing economies and new technologies in the context of globalization.
The National Skill Development Mission approved by the Union Cabinet was officially launched by the Hon’ble Prime Minister on 15th July 2015 on the occasion of World Youth Skills Day. To achieve the vision of ‘Skilled India’, the National Skill Development Mission aims not only to consolidate and coordinate skilling efforts, but also expedite decision making across sectors to achieve skilling at scale with speed and standards. As India is taking its fourth year run into Skill Empowerment, it is time to look back, analyse and move forth with double vigour to reach the goals.
Since its inception in 2014, Ministry of Skill Development and Entrepreneurship is implementing flagship scheme known as Pradhan Mantri Kaushal Vikas Yojana (PMKVY) on pan–India basis. PMKVY enables large number of prospective youth, which also includes tribal, for taking Short Term Training (STT) and Recognition of Prior Learning (RPL) through accredited and affiliated training partner/training centres. The schemes run across 252 job roles related to 35 Sector Skill Councils, which is a diverse and exhaustive representation of the industry.
The core objective of PMKVY scheme is to enable large number of Indian youth to take up industry relevant skill training. Since its commencement, The State and the Centre together have been able to empower and employ a large number of youth and helped them secure better livelihood.
Over the past 4 years, Skill India Mission has introduced many schemes, to improve the productivity in the workforce & empower the youth. Under the Fee based model of skill development training being implemented by National Skill Development Corporation (NSDC), MSDE has trained more than 60 lakhs till date since its inception. Many of them have already been placed been in job rob roles which are in demand like Masonry, Filed Sales Technicians, Financial Literacy, Refrigeration mechanic, Certificate in insurance training, Field Technician for Washing Machines etc.
The India Skills Report findings this year have seen an improvement in employability which is a good sign for economy. It presents a quantitative and qualitative analysis of demand and supply in the labour market, by analysing the employability of youth and the needs and expectations of employers. The key take aways From India Skills Report 2018 are that
· Employability has grown to highest ever level of 45.6% in last five years which is a positive sign for students, academicians and industry.
· Hiring outlook for year 2018 is positive with expected growth of 10-15% in hiring activities.
The past 4 years of Skill Empowerment have been a satisfactory journey and as India aims to shift its gears and steer into the row of “developed” nations from being the “developing” one, it is Skill development that is going to be the defining element in India's growth story. India is the youngest nation with more than 62% of its population in working age group of 15-59 years, and more than 54% of its total population below 25 years of age. Our aim is to exploit this demographic dividend and become the future skill capital of the world and government is not leaving a single stone unturned. Employment landscape is changing swiftly, and new jobs are emerging with rapid disruption in the business models around the globe. Building a skilling system to match the new requirements, a system that responds well to business needs, while opening opportunities for all people is the need of the hour.
NYCS is proud to be a part of the Skill India Mission as a training partner and has been actively running courses under PMKVY and RPL. We dream to rebuild India into a developed nation and believe that our motto of empowering the youth to power the nation will prove to be the right mantra to do so. We pledge to continue our mission and contribute the best towards the same.