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In the budget of fiscal year 2017 - 18 the government of India has decided to set aside ₹ 17,000 crore, the highest ever allocation to this sector, in order to boost the Skill India Mission. At least ten million Indian youth enter the country's workforce each year, but the employment creation in India has not been able to absorb this influx ...
Together with Google India, it has launched a program to train people on mobile development, via a 100-hour course to be delivered though partner agencies. [6] NSDC also signed a collaboration with the Indian Institute of Corporate Affairs to train people within CSR, corporate governance, business innovation, e-governance and other skills. [7]
The National Skill Development Agency (NSDA) attempts to increase Employability of Youth in India. It is a fully autonomous body, constituted with the approval of Union Cabinet of India. [1] On May 9, 2013, [2] the Union Cabinet gave its nod to form NSDA.
India has traditionally had a lower percentage of population of appropriately skilled workers comparable to other economies of the world. In its 11th five-year plan for the financial year 2007-12 suggested actions to increase the skilled workforce in the country to 15 million annually and targeted to skill 150 million people by 2022.
Industrial training institutes (ITI) and industrial training centers (ITC) is a qualification and are post-secondary schools in India constituted under the Directorate General of Training (DGT), Ministry of Skill Development and Entrepreneurship, Union Government, to provide training in various trades. [2] [3]
The Ministry of Skill Development and Entrepreneurship (Hindi: कौशल विकास और उद्यमशीलता मंत्रालय) is a ministry of the Government of India which came into existence on 9 November 2014 [2] and gazetted on 8 December 2014.
CEO World magazine ranked India's economic growth rate at the beginning of the 21st century as among the 10 highest in the developing world. [2] Combined with the fact that India has been ranked the 5th largest economy in the world, the latest survey of unemployment in India 2021–2022 shows the unemployment rate [ 3 ] as 6.40%.
The idea of Skills Universities in India was first proposed in the National Skills Universities Bill, 2015 by the Ministry of Skill Development and Entrepreneurship, Government of India. [2] The proposal stated that skills universities will offer courses like B.Voc (Bachelor of Vocation), B.Skills (Bachelor of Skills), M.Voc (Master of Vocation ...