Hello Welcome to MWT Global Academy Whatsapp Chat Introduce yourself
This visionary mission has gathered plenty of support from various industries and public initiators, including various State Governments, in a bid to address the issue of skills gap in the country. Many training initiatives have been set up to facilitate the creation of a trained and certified labour force. The aim is to up-skill more than 40 crore individuals in various sectors by the year 2022, which is a formidable task and requires intense collaboration and planning. It has been estimated that the government will have to outlay more than INR 8 Lakh crore to this mission over the next 8 years to be able to accomplish this task. In the Budget for 2016, the Ministry of Finance has allocated over INR 1000 crore for this mission, and has also announced some provisions for initiatives under this scheme. A huge amount of INR 1700 crore has been set aside for skilling institutions under Pradhan Mantri Kaushal Vikas Yojana (PMKVY scheme), which aims to support the development of infrastructure that can help skill 1 crore youth over the next 3 years. India currently has the largest youth demography in the world, and by tapping into this potential we can unleash the power of our youth force. A report by The Ministry of Skill Development and Entrepreneurship states that over half of India’s total population is below 25 years of age. It is, therefore, a matter of urgency that we should utilize this demographic dividend, and plan to overcome the skills gap in the shortest time possible. How can this movement play a role in reforming the future of our country?
Skill India is a revolutionary and well-planned initiative which can certainly create an empowered workforce that can confidently overcome any challenges and make significant contributions to the progress of our nation.