“Skill development a crucial policy priority for India”

Mr Dharmendra Pradhan took charge of the Ministry of Skill Development and Entrepreneurship in early September 2017, soon after he was elevated as Cabinet Minister by Prime Minister Mr Narendra Modi...

To achieve this vision, the policy has four thrust areas. It addresses key obstacles to skilling, including low aspirational value, lack of integration with formal education, lack of focus on outcomes, low quality of training infrastructure and trainers, etc. Further, the Policy seeks to align supply and demand for skills by bridging existing skill gaps, promoting industry engagement, operationalising a quality assurance framework, leveraging technology and promoting greater opportunities for apprenticeship training. Equity and inclusivity are also focus areas of the Policy, which target skilling opportunities for socially/geographically marginalised and disadvantaged groups. Skill development and entrepreneurship programmes for women are special focus areas as far as this policy is concerned. In the entrepreneurship domain, the Policy seeks to educate and equip potential entrepreneurs, both within and outside the formal education system. It also seeks to connect entrepreneurs to mentors, incubators and credit markets, foster innovation and entrepreneurial culture, improve ease of doing business and promote social entrepreneurial ventures.

In order to promote entrepreneurship, Pradhan Mantri Yuva Yojana was launched for a duration of five years (2016-17 to 2020-21). The project, with a cost of Rs. 499.94 Crore, aims to create a favourable ecosystem for entrepreneurship development through entrepreneurship education and training and enabling easy access to various components of entrepreneurship ecosystem including mentor network, credit, incubator and accelerator, information platform, research and advocacy, etc.