Demographic Dividend: Skill Development Evidence in India
15 Pages Posted: 29 May 2020 Last revised: 5 Jul 2023
Date Written: May 1, 2020
Abstract
The demographic profile of the country is changing and increasing youth aspirations for better jobs, and increasing employers' expectations of the well-trained and efficient workforce have led to India's focus on skill growth. Recognizing the importance of capturing the rewards of these generational dividends, on 15 July 2015 Prime Minister Narendra Modi unveiled a Skill India drive. This campaign goal is to train, by 2022, more than forty crore candidates in India in different skills. It includes various programs of the government like Pradhan Mantri Kaushal Vikas Yojana, National Skill Development Mission, National Policy for Skill Development and Entrepreneurship and the Skill Loan scheme. As a result, the skill acquisition initiative was created as a primary mechanism for imparting skill-based training to youth of the country and allowing them to gain and withstand for nation's anti-poverty programs. Over the last two decades, the government of India has initiated several broad national programmes for technical education, training, and skill growth to boost the opportunities for youth in term of jobs and earnings. In light of the above, it is essential to determine whether Skill Development program is associated to the increase in productivity and performance outcomes (evidence) of youth. Present research flings lights on contemporary skill development evidence in India.
Keywords: Skill Development, Demographic Dividend, Asian Countries Skills Development Initiatives, Skill Development Training, Unemployment Problem, National Skill Development Mission, Skill Development Policy
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