Skill Development
Skill development has been considered one of the critical aspects of job creation in India. India has a unique demographic advantage with more than 60% of the population in the young age group. But in order to get dividends from such a large workforce, employability has to be improved. As per current statistics, only 10% of fresh graduates are employable, and the rest of the 90% lack skills required for eligibility to be hired by corporate. India’s GDP is growing at a great rate of around 6-8% but job creation is not catching up with it.
India is relatively a younger nation compared to its neighbors. Every year around 28 million youth gets added to India’s workforce. As per an assessment conducted by the National Sample Survey Office, India’s unemployment rate was at a forty-five-year high of 6.1% in the year 2018. The country was already reeling under economic slowdown when the COVID pandemic hit. The pandemic has completely disrupted the economic landscape of the nation.
What are the Advantages of SKill Development in India?
- Increase in proficiency
- Grow skill sets
- Achieve tasks in less time with more results
- Increase in performance level
The Government of India has taken out several plans for skill development, but they are also not sufficient to create opportunities for skill development training in India. They need to emphasize skill development programs and help individuals to make use of their talent and knowledge. Today, everyone wants to establish a good career and for this, proper skill development training is required. It comes up to be an important part of any individual’s career.
Skill development training in India should be made compulsory to enhance the all-around expertise of the people. They need proper guidance and training initiatives to develop. Communication, technological know-how, etc. are important for individuals to have a hold on. This can only be possible if they get enough opportunities to grow and develop through skill development training.
Since many universities have given importance to skill development, it was found that many students were placed easily. Organizations today want effective and productive people. With skill development, people can work effectively and achieve success in whatever they do. There can be increased chances of promotions and individuals can experience a lift in their careers. All in all, skill development training in India is a must!
Significance of Technology in Skill Development Training in India
Technology is essential in scaling up the Skill development training in India Initiative. Technology helps to define standard training tools for the candidates so that all tests and tutorials can be conducted easily. The main aim of creating a skilled workforce has to be united with employment opportunities for young people. Without the required opportunities the core challenges of unemployment in the country will never get resolved! The British School of Etiquette India is an affiliate of The British School of Etiquette United Kingdom. Explore our crucial skills training, based on scientific research on human behavior, and prove effective in bringing about real behavioral change that leads to organizational effectiveness through skill development training.
How is Skill Development shaping the future of India?
Improved scenarios of employability: Since the government and universities have focused on skill development, it was found that many students were placed easily during the placement drives. Any organization requires an effective, productive, and proficient employee. With the skill development, the people were able to work productively and achieved a greater number of targets in lesser time, with better self-growth and corporate.
The government is providing good opportunities to the youth as per their choice and requirement. This aims to increase the employability rate to at least 70% of people. Skill awareness programs are helping people to understand the prospectus of skill training initiatives and help to achieve more targets.
Personal Development: Skill development enhances the proficiency of a person in any particular area. Skill enhances to build the professional network, better communication, time management, and negotiation skills.
Nurturing Talent: Skills are something that can be acquired by learning. Skill training is helping people to identify, train and nurture their innate talent in the desired field.
Less number of Dropouts: One of the biggest issues in India is unemployment. Skill development of helping students to process the basic skills required by employers today and direct a good direction toward their career.
Increased Career Growth Opportunities: Everyone aspires to embellish a good career in their life. Skill development is the most important part of any successful career journey. Skill makes a person flexible, reliable, productive, and efficient in the job prospectus and this widens career opportunities.
The foundations for an effective, efficient and sustainable skill development ecosystem had been laid over the course of the last few years, however, it is time now to build upon it. As per a Bloomberg Economic article and its projections, India’s GDP will grow from $2.7 trillion in 2019 to $5 trillion by 2025 and $8.4 trillion by 2030. Whether we achieve it or not depends on how we capitalize this decade and how effectively we eliminate the causes of disruptions. We must utilize this opportunity to rebuild ourselves rationally and critically with greater impetus. The task is herculean but not impossible. The distance between a probable future and a possible future is always shortened by resilience and determination.
Making our youth future-ready is a call that we can’t miss!