Skill Development for the Youth: A Global Quest | Original Article
Education and Skill Development have the power to transform the economic condition of any nation. They are an absolute bet to get all segments of society involved for the benefit of a country’s economic growth and transformation. Education, unlike in ancient times, has become more achievement-oriented than child-oriented. It does not address the needs of all the children who, in spite of various levels of scholastic competence, are capable of learning and need to develop those skills and become empowered to live effectively in this world. In India, young people who will soon be entering the labour market constitute the largest segment of the demographic structure. A majority of them have limited access to education and training, and most find work in the informal sector. In recent years India has rapidly expanded the capacity of educational institutions and enrollments, but dropout rates remain high, and educational attainment remains low. India so far has not sufficiently prepared its youth with the skills that today’s industries require. Thus, to accelerate its economic growth, the country has introduced drastic policy reforms in skills development.