Indices

Indices
India Skills Report 2023

    • It was released by Wheebox in partnership with All India Council for Technical Education (AICTE), Confederation of Indian Industry (CII) and others.
    • It examines the strategic overview of India’s Skills and Talent Economy by 2030.
  • Key Highlights of the report
  • India’s employable workforce has increased from 46.2 % to 50.3 %.
    • 52.8 % of the women workforce are employable, higher than the 47.2 % of employable men.
    • Although, little over 33% of women were working, the ratio of men to women indicates that more men are employed than women.
  • Significant skills gap exist in the fields of data science, cloud computing, healthcare, and finance.
  • Soft- skills such as adaptability and flexibility, problem-solving, stress management, etc. will become non-negotiable for every job position.
  • The report has recommended to instill the required vocational and skill development programs in our secondary, high secondary, and undergraduate education.
  • Government Initiatives for Skill Development
    • National Policy on Skill Development and Entrepreneurship, 2015.
    • Skill India Mission 2015.
    • PM Kaushal Vikas Yojana (2015) for recognition and standardisation of Skills.
  • Initiatives to boost Skill India Mission.
    • Skill Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP – January 19, 2018)
  • Skills Strengthening for Industrial Value Enhancement (STRIVE)

 

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