{"id":21535,"date":"2024-10-13T10:40:30","date_gmt":"2024-10-13T05:10:30","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/?p=21535"},"modified":"2024-10-13T10:40:30","modified_gmt":"2024-10-13T05:10:30","slug":"skilling-india-empowering-the-workforce","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2024\/10\/13\/skilling-india-empowering-the-workforce\/","title":{"rendered":"Skilling India: Empowering the Workforce"},"content":{"rendered":"<section class=\"pb40\">\n<div class=\"container\">\n<div class=\"row pt20\">\n<div class=\"col-md-12 col-sm-12 col-xs-12\">\n<div class=\"content-area\">\n<p style=\"text-align: justify;\">India is paving the way towards becoming the\u00a0<strong>Skill Capital of the world<\/strong>. With one of the youngest populations in the world, India can realise its demographic dividend through a workforce that is trained in \u2018employable\u2019 skills and is industry-ready. Significant progress has been made, with the employable percentage of final-year and pre-final-year students increased from\u00a0<strong>33.9% in 2014 to 51.3% in 2024<\/strong>. As India continues its journey towards becoming the skill capital of the world, various ambitious programs and policies are steering the nation towards a skilled, employable, and future-ready workforce.<\/p>\n<p style=\"text-align: justify;\"><strong>Recent Initiatives<\/strong><\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/001BLFR.jpg\" \/><\/p>\n<p style=\"text-align: justify;\"><strong>Prime Minister\u2019s Internship Scheme 2024<\/strong><\/p>\n<p style=\"text-align: justify;\">One of the main initiatives aimed at skilling youth is the\u00a0<strong>Prime Minister\u2019s Internship Scheme.\u00a0<\/strong>The Prime Minister\u2019s Internship Scheme for 2024-25 aims to provide extensive internship opportunities to\u00a0<strong>one crore youth over the next five years in India\u2019s top 500 companies<\/strong>. Announced in the\u00a0<strong>Budget 2024-25, this initiative offers 12-month internships<\/strong>\u00a0to help young people gain hands-on experience in real-life business environments, bridging the gap between academic learning and industry needs.<\/p>\n<p style=\"text-align: justify;\">A Pilot Project launched<strong>\u00a0on 3<sup>rd<\/sup>\u00a0Oct,2024<\/strong>\u00a0aims to\u00a0<strong>1.25 lakh internships for the Financial Year 2024-25<\/strong>, with top companies identified based on their CSR expenditure. The scheme operates independently from existing skill development programs and emphasizes enhancing employability through practical experience. The portal of the scheme will be opening for candidates on\u00a0<strong>12<sup>th<\/sup>\u00a0Oct 2024<\/strong>.<\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/002JI15.jpg\" alt=\"Rounded Rectangle: First announced in the Budget 2024-25, the scheme envisions creating one crore internship opportunities for young people in top companies over the next five years.\" \/><\/p>\n<p style=\"text-align: justify;\"><strong>Eligibility<\/strong><\/p>\n<p style=\"text-align: justify;\">The Prime Minister\u2019s Internship Scheme offers a\u00a0<strong>12-month internship<\/strong>\u00a0aimed at providing young individuals with real-world job experience. The key eligibility criteria include:<\/p>\n<ol style=\"text-align: justify;\">\n<li><strong>Age:<\/strong>\u00a0Applicants must be between 21 and 24 years old, Indian nationals, not employed full-time, and not engaged in full-time education. Those enrolled in online or distance learning programs are eligible to apply.<\/li>\n<li><strong>Educational Qualifications:<\/strong>\u00a0Candidates must have completed High School, Higher Secondary School, hold certificates from ITI, diplomas from Polytechnic Institutes, or hold undergraduate degrees such as BA, B.Sc., B.Com, BCA, BBA, or B.Pharma etc<\/li>\n<\/ol>\n<p style=\"text-align: justify;\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/003J79C.jpg\" \/><\/p>\n<p style=\"text-align: justify;\">The Prime Minister&#8217;s Internship Scheme offers comprehensive support and benefits under a Direct Benefit Transfer (DBT) model. Key highlights include:<\/p>\n<p style=\"text-align: justify;\"><strong>1. Monthly Assistance:<\/strong>\u00a0Interns receive\u00a0<strong>\u20b95,000 per month for 12 months.<\/strong>\u00a0Of this, \u20b9500 is contributed by the company through its CSR funds, and\u00a0<strong>\u20b94,500\u00a0<\/strong>is transferred by the government to the intern&#8217;s Aadhaar-linked bank account.<\/p>\n<p style=\"text-align: justify;\"><strong>2. Grant for Incidentals:<\/strong>\u00a0A one-time grant for incidentals of 6,000 will be disbursed to each intern by the government through Direct Benefit Transfer, upon the intern&#8217;s joining at the internship location.<\/p>\n<p style=\"text-align: justify;\"><strong>3. Training Costs:<\/strong>\u00a0Expenditures associated with the training of interns under the Scheme, would be borne by the company from its CSR funds, as per the extant rules.<\/p>\n<p style=\"text-align: justify;\"><strong>4. Insurance Coverage:<\/strong>\u00a0Insurance coverage shall be provided to each individual intern under insurance schemes of the Government of India, Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana, for which premium amount shall be provided by Government. In addition, the company may also provide additional accidental insurance coverage to the interns.<\/p>\n<p style=\"text-align: justify;\">This initiative focuses on enhancing employability through direct industry exposure and practical job experience.<\/p>\n<p style=\"text-align: justify;\"><strong>The Launch of Indian Institute of Skills (IIS)<\/strong><\/p>\n<p style=\"text-align: justify;\">Another cornerstone of India&#8217;s skill development efforts is the\u00a0<strong>Indian Institute of Skills<\/strong>. The vision behind setting up IIS is to build world-class skill training centres by learning from and imbibing best practices from internationally renowned existing skill institutions.<\/p>\n<p style=\"text-align: justify;\">An Indian Institute of Skills was inaugurated by\u00a0<strong>Prime Minister Narendra Modi<\/strong>\u00a0<strong>in Mumbai recently.<\/strong>\u00a0IIS is designed to cultivate an industry-ready workforce for Industry 4.0, offering training in areas like\u00a0<strong>factory automation, digital manufacturing, mechatronics, artificial intelligence (AI), data analytics, and additive manufacturing.<\/strong>\u00a0These skills are essential for both the services and manufacturing sectors, as well as emerging industries such as electric vehicles (EVs) and robotics.<\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/004PRK9.jpg\" \/><\/p>\n<p style=\"text-align: justify;\">In addition to core programs, IIS offers short-term courses in collaboration with industry partners like Fanuc India for industrial robotics and Taj Skyline for culinary training. The combination of cutting-edge curriculum and strong industry ties positions IIS as a premier institution for skill development.<\/p>\n<p style=\"text-align: justify;\"><strong>Other Recent Initiatives<\/strong><\/p>\n<p style=\"text-align: justify;\">Other Recent initiatives by the Ministry of Skill Development and Entrepreneurship (MSDE) include the\u00a0<strong>\u2018Swiggy Skills\u2019<\/strong>\u00a0initiative in collaboration with Swiggy, aiming to provide skilling and employment for\u00a0<strong>2.4 lakh delivery<\/strong>\u00a0<strong>partners<\/strong>. The\u00a0<strong>STRIVE Project<\/strong>\u00a0focuses on entrepreneurship and mentoring in ITIs and NSTIs. The\u00a0<strong>PM-JANMAN<\/strong>\u00a0initiative targets skilling and uplifting vulnerable tribal groups.\u00a0<strong>Capacity building efforts<\/strong>\u00a0include a programme for Fair Price Shop Owners, training\u00a0<strong>3000 participants in entrepreneurship<\/strong>. Under\u00a0<strong>SANKALP,<\/strong>\u00a0marginalized communities receive support for entrepreneurship. The\u00a0<strong>Rashtriya Udyamita Vikas Pariyojana supports PM-SVANidhi<\/strong>\u00a0beneficiaries with training and mentoring. Additionally, MSDE supports entrepreneurship development among jail inmates and organized the\u00a0<strong>Bijnor Kaushal Mahotsav<\/strong>, creating jobs for local youth. Initiatives also focus on women empowerment, with training in aspirational districts, and a\u00a0<strong>MoU has been signed with Visa to upskill 20,000 youth in tourism.<\/strong>\u00a0Lastly, a Skill India Centre was established at\u00a0<strong>Rashtrapati Bhawan\u00a0<\/strong>for skilling in-house staff.<\/p>\n<p style=\"text-align: justify;\">These recent initiatives by MSDE demonstrate a strong commitment to enhancing skill development and entrepreneurship across diverse sectors in India.<\/p>\n<p style=\"text-align: justify;\"><strong>Other Key Initiatives<\/strong><\/p>\n<p style=\"text-align: justify;\">The Ministry of Skill Development and Entrepreneurship (MSDE) has spearheaded multiple initiatives under the\u00a0<strong>Skill India Mission<\/strong>\u00a0to enhance employability and skill development. Key programs include the\u00a0<strong>Pradhan Mantri Kaushal Vikas Yojana (PMKVY),<\/strong>\u00a0offering short-term skill training, and\u00a0<strong>Pradhan Mantri Kaushal Kendras (PMKK)<\/strong>, which standardize quality training across India. Other initiatives like\u00a0<strong>Jan Shikshan Sansthan (JSS)<\/strong>\u00a0target non-literate and rural populations, while the\u00a0<strong>Pradhan Mantri YUVA Yojana\u00a0<\/strong>promotes entrepreneurship. The launch of\u00a0<strong>Skill India Digital (SID)<\/strong>\u00a0introduces AI-driven tools for job matching and continuous learning. Additionally,\u00a0<strong>the PM Vishwakarma Yojana<\/strong>\u00a0supports traditional artisans by modernizing their skills and integrating them into global markets, ensuring sustainable livelihoods. Together, these initiatives are shaping a more skilled and employable workforce in India.<\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image005CWYW.jpg\" \/><\/p>\n<p style=\"text-align: justify;\"><strong>Conclusion<\/strong><\/p>\n<p style=\"text-align: justify;\">In conclusion, the Indian government&#8217;s initiatives have laid a strong foundation for enhancing skilling and employment opportunities. With continued focus on building a dynamic, inclusive, and future-ready ecosystem, India is well-positioned to harness the potential of its human capital, creating sustainable livelihoods and fuelling national development.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>India is paving the way towards becoming the\u00a0Skill Capital of the world. With one of the youngest populations in the world, India can realise its demographic dividend through a workforce that is trained in \u2018employable\u2019 skills and is industry-ready. Significant progress has been made, with the employable percentage of final-year and pre-final-year students increased from\u00a033.9% &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[136],"tags":[3490,8698,17559,16351,5550,17557,9018,8699,17558,17560],"class_list":["post-21535","post","type-post","status-publish","format-standard","","category-national","tag-economic-growth","tag-employability","tag-labor-market","tag-national-development","tag-skill-development","tag-skilling-india","tag-training-programs","tag-vocational-training","tag-workforce-empowerment","tag-youth-skills"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Skilling India: Empowering the Workforce - Matribhumi Samachar English<\/title>\n<meta name=\"description\" content=\"&quot;Skilling India&quot; 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