What is it about?
The study identified the significance of skill development wherein the implementation of such schemes mitigate poverty, utilize demographic dividend, socio-economic empowerment of under privileged sectors, achieve economic growth, reduce social challenges, and economic inclusion. As far as institutional mechanism is concerned, the National Skill Development Corporation (NSDC), Ministry of Skill Development and Entrepreneurship and the scheme - Prime Minister Kaushal Vikas Yojana (PMKVY) have resulted to achieve considerable results, but not the expected outcomes. The study argues the essential requirement of skill development to embrace technology adoption and women empowerment in the country.
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Why is it important?
India is in verge of demographic disaster if the nation fails to reap the benefits arising from the young population. Hence, it is inevitable for the nation to embrace such schemes and develop skills for the population in a sustainable manner.
Read the Original
This page is a summary of: Skill development research in India: a systematic literature review and future research agenda, Benchmarking An International Journal, June 2019, Emerald, DOI: 10.1108/bij-07-2018-0211.
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