Skill Development in India: Needs and Challenges

Skill Development in India: Needs and Challenges

Ms. S. Santhini
Assistant Professor, PG & Research Department of Commerce (CA)
Hindusthan College of Arts and Science, Coimbatore, Tamil Nadu, India
Dr. M.S. Loganathan
Professor & Head, PG & Research Department of Commerce (CA)
Hindusthan College of Arts and Science, Coimbatore, Tamil Nadu, India
International Conference on Transcending Boundaries in Corporate World (CRYSTAL – 2017)
PG and Research Department of Commerce with Computer Applications,
Hindusthan College of Arts and Science (A), Coimbatore, Tamil Nadu, India
Shanlax International Journal of Commerce
Volume 6, Special Issue 1, December 2017, ISSN: 2320-4168, Pages: 53-55

Abstract

Globalization, knowledge and competition have enlarged the must for highly skilled labour force in both the developing and developed nations thereby it enables them to enlarge their growth rate towards higher path. For India, skill development is critical from both socio-economic and demographic point of view. Therefore, the paper attempts to study the present skill capacity, challenges in front of skill development initiatives in India along with their solutions. The study also found that both the Government and its partner agencies have undertaken various method/initiatives for the effective functioning of the skill development system in the economy, but still faces some unsettled issues/challenges that need direct attention of the policymakers. Hence, skill development initiatives of the government should focus on these obstacles and develop the programs accordingly to resolve these hurdles for the complete success of the skill development initiatives.

Keywords

Skills development, Challenges, initiatives
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