- The move is being seen in sync with the Union government’s tilt towards creating more beneficiaries
- The govt believes that unless the informal sector is targeted, the skills mission will not be successful
India’s skill mission will shift its focus from the formal to informal sector with an annual expenditure of around ₹5,000 crore, a move that is being seen in sync with government’s tilt towards creating more beneficiaries.
The ministry of skill development and entrepreneurship feels that while there has been an intense focus on the formal sector in the last five years, it left out 93% of the workforce in the informal sector, at least three government officials said.
You might also be interested to read: Shortage Of Top Talent May Be E-cars’ Next Big Problem
The ministry, therefore, believes that unless the informal sector is targeted, the skills mission will not be successful, which was also acknowledged at a recent meeting at the Prime Minister’s Office.
“So far, the ministry was focusing on skilling manpower for the 7% of the workforce who are in the formal sector. What about the 93% rest. That’s a big realization for the ministry and all the 22 departments of the Union government who have some skilling agenda. All 22 departments will gradually shift their focus to informal and unorganized sector,” said one of the three government officials cited above requesting anonymity.
Source: Livemint
