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November 18, 2017

6 lakh crores will be required for skill training of 30 crore people in India: Rudy


Union Minister of Skill Development and Entrepreneurship, Shri Rajiv Pratap Rudy said that the country needs a huge investment of Rs 6 trillion (6 lakh crores) to train nearly 30 crore people over the next five years. “We have a massive challenge to train our people in skill development. We will have to train nearly 300 million over the next five years and if we consider the cost, from entry-level training, it will entail an investment of around Rs 6 trillion,” Rudy said at the Maritime India Summit here in Mumbai.

He said the ambitious plan of increasing manufacturing will not materialize till we create “makers in India”.

“We are talking about Rs 10 trillion investment in the shipping sector and also we have set a vision of make in India. But I strongly believe that this will not be achieved unless we create the makers in India,” Rudy said. As per global statistics, the Philippines is the largest contributor to the supply of seafarers, followed by China and India. “We are not seeing this as a cause of concern but we are certainly gearing ourselves to train our people. We know it’s a huge task and much is needed to be done,” he said.

Rudy further said that the government is creating the right ecosystem to create skilled workforce through the National Skills Qualification Framework, which is a competency-based system that organizes all qualification tests according to a series of levels of knowledge, skills and aptitude.

Note: News shared for public awareness with reference to the information provided at leading e-news portals.

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