Top News
Next Story

Govt to launch Skills India Mission 2.0 to tap global opportunities

Send Push
The Economic Times
24th May, 2022 23:42 IST

New Delhi: The government will impart skills training to the youth for overseas opportunities and for jobs in some sectors under its production-linked incentive scheme, according to a senior official, in what could be a move towards demand-driven and outcome-based approach to skilling.

This will be part of the government's revamped skills programme, called Skills India Mission 2.0, which, according to the official, is expected to be unveiled in July, six years after the launch of the programme in 2015.

There will also be a thrust on apprenticeship training though enhanced private sector participation, the official said, adding that it will be in line with Prime Minister Narendra Modi's vision of making India the skills capital of the world.

"Wide ranging discussions are being held within the government to make the Skill India Mission more holistic and align it with the needs of Industry 4.0," the official said.

As per the India Skills Report 2021, employability of youth has decreased to 45.9% in 2021 from 46.21% in 2020 and 47.38% in 2019, primarily due to loss of skilling in the last two years.

"The government wants to put skilling on fast track to cover up the losses in last two years and do it with an outcome-based approach," the official said.

Explore more on Newspoint
Loving Newspoint? Download the app now