The government has set up over 70 schemes for skill development, including Digital India, Start-up India, Skill India, and many more. These schemes are aimed at removing uncertainity and empowering India’s workforce with the skillsets needed to support economic growth. The National Skill Development Corporation (NSDC) was set up in 2008 to promote skilling/upskilling of 500 million people by 2022 by providing funding and fostering private sector initiatives in skill development programmes.
By 2030, India will have become the world’s third-largest economy. It’s also one of the youngest nations in the world, with over one-third of its total population being of working age (soon surpassing the country’s dependent population). This capable and ambitious young populace can effect a huge difference in Indian society – and the entire world – if empowered with the relevant skills.