• Fast-changing job requirements are leading to a yawning skills gap in many parts of the world, with India being one of the hardest-hit – International Labour Organisation in collaboration with the International Organisation of Employers.

Present Scenario:

• 66% of Indian businesses say they are looking for quite different skills in new recruits than they were three years ago, with 53% saying it is becoming harder to recruit people with the needed skills.
• Globally, 60% of employers say new graduates are not adequately prepared for current work.

Bridging the Gap

• Schemes for skill development
• Deen Dayal Upadhyaya Grameen Kaushalya Yojana
• Pradhan Mantri Kaushal Vikas Yojana
• Financial Assistance for Skill Training of Persons with Disabilities National Apprenticeship Promotion Scheme
• Craftsmen Training Scheme Apprenticeship training Pradhan Mantri Kaushal Kendra Skill development for minorities
• Green Skill Development Programme
• Scheme for Higher Education Youth in Apprenticeship and Skills