A person without skill is not an asset but a liability on the nation's growth. How infusion of relevant skills contribute to the demographic dividend of India? What recent initiatives have been undertaken by the Government to reduce the skill gap among young Indians?
Main Body
India's demographic dividend is about to reach 57 years, with nearly 54% of population under 30 years, but only 57% of the population having formal skill training. Inequalities crimes Poverty challenges of Indian employment (13.9%), skill deficit, employment (3.7%), low economic unemployment (4%), fiscal deficit (5.6%) Relevance of SKILL: 1) Job training => makes the young population equipped for the job market. 2) Flexibility and mobility within market detour => skills enable one to switch jobs as per market demand. 3) Reducing unemployment and underemployment 4) Tackling the phenomena of 'employed poverty' => unskilled level earners less than ₹10000/month.
Conclusion
Thus, for India to become the skill capital of the world, will training is an imperative.
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RITIKA
Issues relating to Poverty and Hunger
Paradox of Poverty
Skill Development and Demographic Dividend
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analytical
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