Skill Development for Inclusive and Sustainable Growth in India

In today‟s global economy, skill and knowledge are the driving forces of economic growth for any country. Skill development is high on the agenda of developing countries for sustainable economic growth . Skill development isa way for these countries to speed up their growth and move up on the ladder from a middle to higher income category .Many of the Asian countries including India are among the most dynamic economies in the world. As a result of their rapid growth, most of these are experiencing skill shortages of higher technology in manufacturing and various other areas of production. As a consequence of the emerging skill and employability gap, they have marked out ambitious plans for training and developing skill as part of their national development plans. In order to keep pace with the changing requirement of a fast growing economy, skill development is a national priority of government of India and skill development landscape has been gradually evolving during recent years. While governments at centre and states can provide an enabling environment, a coordinated approach isneeded by combining skill development measures, workforce participation and social inclusion so that efforts made in this direction can ultimately lead to the achievement of wider goals of rapid economic growth, employment generation and other social objectives.