The government has trained about 90 lakh people under Pradhan Mantri Kaushal Vikas Yojana (PMKVY), 30-35 lakh got placements, said Raj Kumar Singh, state minister for skills development and entrepreneurship at an Assocham event in New Delhi.
The government and industry need to collaborate to pave a road map to identify the transformative needs of the future economy, Singh said, at the summit and the Indian awards in New Delhi.
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Singh further stated that quality and cost should be evaluated when competing with global market in Assocham Skilling India Summit and awards.
India is one of the youngest nations in the world, with more than 62% of the population of working age. Today, less than 4% of the Indian workforce is trained, in contrast to 42% in the United States, 76% in Germany, 80% in Japan and 96% in South Korea. The preparation of our workforce is one of the lowest in the world and a large part of the existing training infrastructure is irrelevant to the needs of the industry.
Source: NEWSJIZZ
