Importance of Skill Development Training

 In today's competitive world, its very important for people to invest their time and resources to improve their skills, potential capabilities. One needs to do so in order to be future ready. One's skills determines their ability to carry out any task effectively and efficiently. 
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Skill development is a powerful tool to safeguard the future of youth and for their overall development. It is an important way to increase the employment rate of India. Skills are as essential as one's academic qualifications. Education and skills should now go hand in hand to be successful. In today’s world, lack of education and skill development restricts people from realizing their potential capabilities and abilities. Eventually, this prevents them from contributing to the economic growth of a country. Thus, education and skill training is vital for the overall growth and personality development of an individual.
Illiteracy is one such reason for lack of skill training. The capability of the poorest sections of society to start business is restricted owing to because of their lack of business skills, illiteracy, their inability to take risks, capital, lack of investment, etc. It would be far better to upgrade their skills so that they can get employed. The strategy of the Ministry of Labor to specialize on skill upgradation has contributed significantly to this mission. 
According to the World Trade Organization, the GDP level can increase up to 3%-5% in 2035, if India focuses on skill development and training. India has taken many initiatives in this regard. The Ministry of Skill Development and Entrepreneurship (MSDE) is responsible for coordinating skill development activities in India. It has supported various organizations like National Skill Development Corporation (NSDC), which aims to promote skill development in the country by establishing institutes across the country and National Skill Development Agency (NSDA), which seeks to coordinate the efforts of the government and the private sector and aid in skill development.

Hon’ble Prime Minister Shri Narendra Modi launched the Skill India Mission, under the Ministry of Skill Development and Entrepreneurship on 15 July 2015, which aims to train over 40 crore people in India in different skills by 2022. The mission seeks to vocational training and certification of Indian youth for a better livelihood and respect in the society. Various initiatives under this campaign are National Skill Development Mission, National Policy for Skill Development and Entrepreneurship, 2015, Pradhan Mantri Kaushal Vikas Yojana (PMKVY), Skill Loan scheme, Rural India Skill etc.

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Schemes & Initiatives through NSDC

  • Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
  • Rozgar Mela
  • Pradhan Mantri Kaushal Kendras (PMKK)
  • Capacity Building Scheme
  • Udaan
  • School Initiatives and Higher Education
  • India International Skill Centres (IISCs)
  • Pre Departure Orientation Training (PDOT)

Schemes related to Entrepreneurship

  • Pradhan Mantri ‘YUVA’ Yojana

Other Schemes and Initiatives

  • Skill Loan Scheme
  • Indian Institute of Skills (IISs)
  • SANKALP
  • Academic Equivalence to Vocational Qualifications
  • Aspirational Districts
  • Swachh Bharat Abhiyan
  • Technology Initiatives

To encourage enterprise and boost employment generation, skill training initiatives are coming up with specialized courses on entrepreneurship in different sectors. Skill development is a very important tool to boost self-confidence of an individual and to instill trust on themselves. With proper skill development training, one can surely become confident and successful. It not only nurtures the inner will but also boosts the personality of an individual.