Professional Documents
Culture Documents
INDIAS GROWTH
SEC A
MBA
ROLL NO:21-30
INTRODUCTION
SKILL:A skill is the ability to carry out a task with pre-determined results
often within a given amount of time, energy or both.
Indias growth rate is determined by various economic and non-economic
factors.
Country India
Skill India is a campaign launched by Prime Minister Sri Prime Minister(s) Narendra Modi
Narendra Modi on 15 July 2015 with an aim to train over
40 crore (400 million) people in India in different skills by 2022. It
Ministry Skill Development
includes various initiatives of the government like - and
Entrepreneurship
Of these 24.9 Crore non-farm workers, only a maximum of 10% would be formally trained and
skilled.
It is estimated that approximately 15.7 Crore would be in the age group 15-45 years.
This workforce will need to be mapped with recognition of existing skills and than provided with
necessary up skilling of re-skilling for increasing productivity and providing a livelihood path way.
The number of people who enter the work force every year is estimated to be 2.6 Crore and all
of these need to acquire skills.
Recent agriculture advancements with the use of moderns farm technology, better opportunities in
non-farm sector, increased productivity of agricultural workforce, etc, will result in a migration
from agriculture to non agriculture sector.
By 2022 as per the skill gap studies conducted by the NSDC, an estimated additional 2.4 crore
workforce will also enter non-farm sector that will also need to be skilled over next seven years.
PM Narendra Modi launches SKILL INDIA on the occasion of world youth skill
day.18000 plus ITI graduating students received job offers letters on the occasion of
world youth skill day and sets target to provide skill training to 40.02 crore people.
Skill India initiative is well on track with the Union Cabinet chaired by Prime
Minister Narendra Modi recently approving the countrys first integrated National
Policy for Skill Development and Entrepreneurship 2015
The government has formulated over 73 skill development schemes and programmes
focusing on various sectors and these will be implemented through more than 20
ministries and departments
NATIONAL POLICY ON SKILL DEVELOPMENT-2016
The plethora of grant based, free training programs available today, though necessary, have their
own limitations especially on quality and employability:
Students undergoing training for free attach little value to the training
Whereas training providers focus on increasing the numbers rather than quality of manpower
trained.
While financial support is required for certain industry sectors or segments of the unorganised
sector, it is critical to
exercise utmost discretion and link employability with all such efforts.
The various certification and assessment systems in the country need to be linked to a common
quality assurance framework, so as to avoid inconsistencies. The accountability system in Assessment
and Certification landscape is not well defined.
NATIONAL POLICY ON SKILL DEVELOPMENT-2016
Job creation for skilled youth is also a major challenge before the nation.
Entrepreneurship based on innovation has immense growth potential which can
also create jobs for our youth. However, the number of local entrepreneurs
emerging every year in India is very low. Accelerating entrepreneurship and self-
employment is crucial for large-scale employment generation in India.
The national ambition Building a $10 trillion economy
If India continues on its present growth course, it could have a
US$5.6 trillion economy in 20 years.
To create a US$10 trillion economy, India will need to
accelerate its growth to 9% CAGR over the next 20 years.
APJ ABDUL KALAM: VIEW ON TRANSFORMING
INDIA
IT+IT= IT
India Today + Information Technology = India Tomorrow.
ROLE OF YOUTH IN POLITICS
INDIA will soon be the largest provider of skilled workforce to the world.
If China has become the manufacturing capital of the world .India will be human
resource capital of the world.
Parents from middle class ,lower middle class and poor families ask their children
to learn some skill so that they can stand on their feet.
Millions of youth should acquire the skills that could contribute towards making
India a modern country.
OBJECTIVES
To examine the awareness level of youth towards skill
India .