Regulation Change to Strengthen Skills Based Work

To achieve the status of the ‘Skill Capital of the World’ the government has lent a strong voice to skills based training and apprenticeships in the past few years. A plethora of schemes, amendments to the Apprentice Act and drumming up of skill building as a way out of the skills crisis have all resulted in renewed focus on technical and vocational education and training (TVET).

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There is a lot of noise around the skills-jobs predicament that severely impedes India’s economic prosperity ambitions. Rightly so, given that an estimated 5 million youth are out of work at any given point of time and of the 12-15 million youth approximated to enter the workforce annually over the next decade, around 75 percent are deemed to be not job ready…Read more