Industry must lead the way in skilling India
Govt initiatives such as Skill India can only be a part of the solution
The chasm between India’s demographic bulge and the employment opportunities required to absorb it has been a staple in any debate about economic growth, and rightly so. The destabilizing political and social effects of a large unemployed population and the productivity loss from under- or poorly manned industries are anathema to any developing nation. Increasing levels of technology integration in production and business processes complicate the picture further. The National Democratic Alliance government has focused on a core aspect of the employment issue with the Skill India drive. But it will need to navigate an increasingly complicated landscape.