Union Finance Minister P. Chidambaram said that skill development is needed to fill the significant gap between the actual skills of large number of candidates passing out from various schools, colleges and professional institutions across the country and the skills needed in the industry.
The Finance Minister Shri Chidambaram said that we have set-up an ambitious target of providing skills to 500 million people in ten years meaning thereby that 50 million people are to be skilled every year, which is a huge challenge in itself. He said that Business and corporate houses must work closely with NSDC to achieve this target. The Finance Minister was addressing the Board of National Skill Development Corporation (NSDC) here today. The Finance Minister Shri Chidambaram said that since NSDC works with industry, therefore, it is industry which should drive NSDC agenda and not vice versa. The Finance Minister said that the Prime Minister has set-up a Cabinet Committee on Skill Development in order to overall coordinate and monitor the progress of skill development programmes in different sectors among others. He said that the Government is committed to skilling as it helps people not only in finding-out right vocation for themselves but also helps in giving them self confidence. Dr Arvind Mayaram, Secretary, Department of Economic Affairs, Shri S. Ramadorai, Chairman, NSDC and Shri S.K. Das, Additional Secretary, Department of Economic Affairs were present among others in the meeting.
Chosen excerpts by Job Market Monitor
via Target of Providing Skills to 500 Million People in Ten Years: FM.
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