Skill Development, Employability and Entrepreneurship Through Make in India: A Study
Journal Title: International Journal of engineering Research and Applications - Year 2017, Vol 7, Issue 12
Abstract
According to the International Labour Organization“Skill development is of key importance in stimulating a sustainable development process and can make a contribution in facilitating the transition from an informal to formal economy. It is also essential to address the opportunities and challenges to meet new demands of changing economies and new technologies in the context of globalization.” The objective of Skill Development is to develop a workforce empowered with the necessary and continuously upgraded skills, knowledge and internationally recognized qualifications to gain access to decent employment and ensure India‟s competitiveness in the dynamic global market. Mr. Narendra Damodardas Modi, Prime Minister of India has launched Make in India on 25th September, 2014. It aims at increasing the productivity and employability of workforce with respect to wage and self-employed both in the organized and the unorganized sectors. This paper tried to find out the effect of Make in India on employability and scope for skill development. It is important to focus on the development of the skills of Indian labour force to become eligible enough to fit in to the Industry Market requirement. It is interesting to find out if new job opportunities will be created by Make in India project but there will be higher demand of skilled labour. But it is found after reviewing various papers that there is a huge skill gap in India. Through the review of many research papers, it is found that for the successful implementation of Make in India initiative , it is also important to implement various skill development initiatives to lower down the skill gap between the available skills and desired skills.
Authors and Affiliations
Dr. Jagdish Prasad, Dr. D. G. M. Purohit
Keywords
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