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Indian Economy: Growth -3
<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>Setting Up Of National Skill Development Mission</b>

March 05, 2008

The approach to 11th Five Year Plan has assessed that while India's young demographic profile has the country favourably placed in terms of manpower availability, talent supply shortages are emerging.

This is extremely disconcerting especially for the knowledge services sector, which over the last few years has emerged as a significant growth engine which demonstrated gains in terms of exports, employment and very visibly in urban development across several cities in the country. Research has shown that so far, only a tenth of the global addressable market for these services has been tapped.

<b>India is best positioned to take advantage of this opportunity with its early lead and strong fundamentals such as demographics, economics, and expertise. Yet the unsuitability of a large proportion of the talent pool in the country could lead to significant lost opportunities. The NASSCOM-McKinsey Report, 2005 Projections indicate that these will fall short by about 0.5 million suitable professionals by the end of the decade and in the absence of corrective action, this gap will continue to grow. However, if current trends are maintained, the IT and ITES sector will need an additional 1 million plus qualified people in the next 5 years.</b>

If the country is to capitalize on the huge opportunity in this and other areas of knowledge services, a major thrust is needed at all levels of education and skill development.

<b>Accordingly Government has decided to set up a National Skill Development Mission under which 1600 more ITIs and polytechnics, 10,000 vocational education schools and 50,000 skill development centres are planned proposed in Public Private Partnership mode in order to train 10 million persons per annum.</b><!--QuoteEnd--><!--QuoteEEnd-->


<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>11th Five Year Plan Envisages Creation Of  70 Million Jobs</b>
March 05, 2008

<b>The approach paper to 11th Five Year Plan envisages creation of 70 million job opportunities in the next five years. </b>

It also provides a framework to restructure policies to achieve a new vision based on faster, more broad based and inclusive growth. It aims at making employment generation an integral part of the growth process and devise strategies to accelerate not only growth of employment but also wages of the poorly paid.

Besides, Government of India has been implementing various employment generation and poverty alleviation programmes in both rural and urban areas to increase employment opportunities. Some of these are: Swarna Jayanti Shahari Rozgar Yojana (SJSRY); Prime Minister's Rozgar Yojana (PMRY); Pradhan Mantri Gram Sadak Yojana (PMGSY); Swarnajayanti Gram Swarozgar Yojana (SGSY); Rural Employment Generation Programme (REGP); Sampoorna Grameen Rozgar Yojana (SGRY) and National Rural Employment Guarantee Act, 2005.<!--QuoteEnd--><!--QuoteEEnd-->


<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>New Schemes To Provide Skilled Manpower To Industry</b>
March 05, 2008

The 55th round of National Sample Survey Organisation Report has revealed that only 5% of the workforce in the age group 20-24 years has got training through formal sources .

Government has taken up the following new schemes to provide skilled manpower to industry :

Upgradation of 500 existing ITIs for providing highly skilled labour force in various industrial sectors.

Upgradation of the remaining 1396 ITIs in Public Private Partnership mode.

Establishment of new ITIs and strengthening of existing ITIs in the North Eastern States, Sikkim and J & K.

Conducting of Short term Modular Employable Courses under “Skill Development Initiative”.

In addition, it has also been decided to set up a National Skill Development Mission under which 1500 new ITIs and 50,000 Skill Development Centres are planned in Public Private Partnership mode.<!--QuoteEnd--><!--QuoteEEnd-->
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Indian Economy: Growth -3 - by Hauma Hamiddha - 08-14-2003, 03:07 AM
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Indian Economy: Growth -3 - by Guest - 08-04-2010, 04:48 AM
Indian Economy: Growth -3 - by Guest - 08-10-2010, 12:18 AM
Indian Economy: Growth -3 - by Guest - 08-10-2010, 12:20 AM
Indian Economy: Growth -3 - by Capt M Kumar - 09-08-2010, 07:36 PM
Indian Economy: Growth -3 - by Capt M Kumar - 10-09-2010, 10:05 AM
Indian Economy: Growth -3 - by Guest - 10-12-2010, 10:19 AM
Indian Economy: Growth -3 - by Guest - 11-07-2010, 07:10 AM
Indian Economy: Growth -3 - by Guest - 11-07-2010, 10:01 AM
Indian Economy: Growth -3 - by Guest - 12-13-2010, 05:37 AM
Indian Economy: Growth -3 - by Capt M Kumar - 01-24-2011, 03:10 AM
Indian Economy: Growth -3 - by Capt M Kumar - 01-28-2011, 01:23 AM
Indian Economy: Growth -3 - by Capt M Kumar - 02-03-2011, 10:46 PM
Indian Economy: Growth -3 - by rhytha - 02-08-2011, 02:25 PM
Indian Economy: Growth -3 - by rhytha - 02-08-2011, 02:32 PM
Indian Economy: Growth -3 - by Bharatvarsh2 - 02-08-2011, 07:58 PM
Indian Economy: Growth -3 - by Capt M Kumar - 02-17-2011, 04:05 AM
Indian Economy: Growth -3 - by Guest - 02-23-2011, 09:56 AM
Indian Economy: Growth -3 - by rhytha - 02-25-2011, 12:33 PM
Indian Economy: Growth -3 - by Naresh - 02-27-2011, 12:06 AM
Indian Economy: Growth -3 - by Guest - 03-14-2011, 01:45 AM
Indian Economy: Growth -3 - by Capt M Kumar - 03-28-2011, 03:54 AM
Indian Economy: Growth -3 - by shameem007 - 07-07-2011, 10:02 AM
Indian Economy: Growth -3 - by roosevelt92 - 08-10-2011, 03:56 PM
Indian Economy: Growth -3 - by roosevelt92 - 09-12-2011, 11:30 AM
Indian Economy: Growth -3 - by sumishi - 09-23-2011, 04:55 PM
Indian Economy: Growth -3 - by sumishi - 09-23-2011, 05:01 PM
Indian Economy: Growth -3 - by Guest - 09-26-2011, 10:21 AM
Indian Economy: Growth -3 - by sumishi - 10-09-2011, 10:50 PM
Indian Economy: Growth -3 - by rhytha - 12-24-2011, 01:24 AM
Indian Economy: Growth -3 - by rhytha - 12-24-2011, 01:27 AM
Indian Economy: Growth -3 - by ravish - 12-30-2011, 08:52 PM
Indian Economy: Growth -3 - by rhytha - 02-18-2012, 06:05 PM
Indian Economy: Growth -3 - by Guest - 02-18-2012, 10:15 PM
Indian Economy: Growth -3 - by Guest - 02-18-2012, 10:20 PM
Indian Economy: Growth -3 - by Guest - 04-25-2012, 07:44 PM
Indian Economy: Growth -3 - by osman - 04-30-2012, 03:52 PM
Indian Economy: Growth -3 - by Guest - 05-15-2012, 05:32 PM
Indian Economy: Growth -3 - by Guest - 06-10-2012, 04:59 AM
Indian Economy: Growth -3 - by priyarawat229 - 07-07-2012, 11:18 AM
Indian Economy: Growth -3 - by ramana - 01-22-2014, 05:07 AM

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