2Knowledge paper on strategic and implementation framework for skill development in India
Abhaya Krishna Agarwal
Executive Director and National Leader — PPP
India is currently poised on a huge opportunity to meetthe future demands of the world. When developedcountries are struggling with shrinking domestic demandsand capacity challenges in meeting them, India, with itshuge young demographic dividend, is well positionedto become the sourcing hub of the world. This is notonly limited to an exponential growth in demand in itsmanufacturing and service sectors, but is also applicableto its capacity to meet global manpower demands as well.Talent acquisition is one of the largest challenges fororganizations across positions and levels worldwide,
specically in the case of blue collar jobs. Governments
across the world, in developed and developing countries,have been focusing intensely on developing skills andevolved delivery frameworks to meet the skill demand andeffectively utilize and divert the positive energies of itsworking age people.According to a global study, India is one of the largestlabor-surplus countries worldwide in terms of its workingage population. Furthermore, of the country’s workforcecomprises only one million people per annum against the
current domestic demand for 50 million. This decit is
estimated to grow to 57 million by 2013. Therefore, it isimperative for India to develop a robust mechanism forvocational education and training, and invite the privatesector and other social agencies to participate and deliverwithin the shortest possible time.
Rising to the occasion, the Government of India has
launched the National Policy on Skill Developmentand developed a three-tier structure for strategy, co-
ordination and nance or delivery of imparting the
requisite skills to a workforce of 500 million by 2022.
The 4th Global Skills Summit 2011, organized by FICCI,
is an important initiative at the most opportune time to
discuss, debate and ne-tune the implementation and
delivery of this framework in India.This paper focuses on existing skill gaps in India and theworld, an overview of skill development in the country,private sector initiatives in vocational training, effectivepractices followed in other countries and learning forIndia from these practices, and recommendations for thefuture.
I am privileged to present Ernst & Young-FICCI’s
Knowledge paper on strategic and implementationframework for skill development in India, which especiallyfocuses on implementable ideas for the Twelfth Five Year
Plan on the eve of the 4th Global Skills Summit.
Abhaya Krishna Agarwal
Executive Director and National Leader —Public Private Partnerships
Government & Transaction Advisory Services