Skill and Knowledge are two driving forces of economic growth and social development. Education and skill development are the also engines for social mobility and fulfilling aspirations of India’s youth. In a rapidly growing economy like ours, with a large and growing population, we face a paradox – that of severe shortage of highly skilled and trained manpower on the one hand and a large section of the population with little or no skills on the other. The National target for Skill Development is for skilling / upskilling 50 Crore people in India by 2022.
The higher education sector is trailing far behind in keeping pace with the market needs and providing job-ready candidates to the Industry. Large scale public and private initiatives are required in this mission to create a large workforce with the necessary skills. This alone can give access to decent employment to a large section of our society and ensure India’s competitiveness in the dynamic global market.