Skilling India - Importance of skill development in India
During his Independence Day speech in 2014, Hon’ble Prime Minister of India Shri Narendra Modi stated that “skill development” and “Skilling India” must be our mission if we are to promote our country’s development.
Hundreds of millions of Indian youth should learn skills that will enable them to contribute to the modernization of India.
He expressed his desire to create a pool of young people who are capable of creating jobs as well as assisting those who are unable to do so due to a lack of opportunities.
Skilling India is important for two main reasons:
1. The growth
of the service sector in India – The natural
economic movement of a country goes from an agrarian economy to an industrial
economy to a service economy but India has leapfrogged from an agrarian economy
to a service economy. This remarkable feature of India’s recent growth is
diversification into services, with the services sector dominating GDP
increasing the importance of skill development in job creation.
2. India is a
young nation – With more than 62 percent of
the population in the working-age group (15-59 years) and more than 54 percent
of the total population under the age of 25, India is now one of the world’s
youngest countries. The labour force in the developed world is expected to
decline by 4% over the next 20 years, while it will increase by 32% in India.
However, only 2%
of India’s total workforce have the career building skills. These skills are
marked by the 5C’s, Creativity, Collaboration, Communication, Connection, and
Critical thinking.
With the rapidly
emerging workplace where AI Artificial intelligence is threatening once-coveted
job titles ranging from accounting to law the need for workplace success skills
becomes crucial. They no more are good to have or soft skills but are the
drivers of growth.
Fundamentally,
skilling, reskilling, and upskilling is the need of the hour to become
future-ready and the choices that we make today will determine the quality of
our beings tomorrow!
The Changes is
an Organization Development consulting firm that aims to build culture &
competencies that are vital for success in today’s VUCA World. We enable
corporates, campuses, and individuals to achieve business, functional and
individual goals pan India.
Comments
Post a Comment