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GLOBAL: "Steel Sector Outlook: Expectations for the industry in today's economic context" 2010 repor

GLOBAL: "Steel Sector Outlook: Expectations for the industry in today's economic context" 2010 report. 12-page report by KPMG International.

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back to index backGLOBALtalk December,  2014


Global Skills - Skilling India

With an enviable demographic dividend, India is expected to churn out the largest workforce not only for the Indian market but one that caters globally too. Hence, skill development is a key concern both for the government and the industry. This paper takes a look at the policies and bodies responsible for skilling, the progress made so far, and the way forward. This report examines landmark policies and programmes such as the National Skill Policy 2009, Apprenticeship Act 1961, and more recently the National Skills Qualification Framework.

It outlines the progress made by various skilling bodies such as the Ministry of Human Resource and Development and the Ministry of Rural Development, besides other central ministries, and takes a look at the newly formed Ministry of Skill Development and Entrepreneurship and the ways in which it can synergise the skilling process in the country. The report also highlights the bottlenecks faced by bodies that enable skill development such as the State Skill Development Missions, the National Skill Development Corporation India, and implementing bodies such as industrial training institutes and training providers.

Mobilisation of students to get them trained, employers’ willingness to hire and pay premium wages to trained manpower, scalability for the training providers, mismatch between youth aspirations and jobs, ensuring minimum wages, lack of reforms in labour laws and lack of training infrastructure are some of the challenges faced in the skill development process in the country. Awareness among all stakeholders be it students, parents, government and industry, redesigning curriculum with a focus to establish linkage with industry, training migrating population at their native places, upgrading infrastructure and industry-academia connect, reforming regulations and creating an ecosystem for self-employed individuals are some of the recommendations provided to tackle these challenges.

We hope this paper will give an insightful update on the skill development initiatives in the country.

To download 40-page report, please click here.

Source: KPMG India - GAI




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