Friday, November 22, 2024
spot_img

100 crore new jobs to be created globally in 20 years, India to have 25 pc share

Date:

Share post:

spot_img
spot_img

New Delhi, July 20:  The world is likely to see a huge addition of 100 crore new workers in the global economy in the next 20 years and India will have at least 25 per cent share of it, Ved Mani Tiwari, CEO of National Skill Development Corporation (NSDC), has said.

Delivering a keynote highlighting India’s opportunity to become a talent nation at a FICCI event in the national capital, he said the country is poised to be the talent capital of the world, with a burgeoning young population.

As many as 12.5 crore jobs were created during the fiscal years of 2014-24, marking a four-fold jump from the 2004-2014 period, which saw the creation of about 2.9 crore jobs. Dr Buddha Chandrashekhar, Chief Coordinating Officer, AICTE, emphasised the role of academia in translating knowledge into practical applications, advocating for a comprehensive skill survey to identify skill gaps and align education accordingly.

Mayank Kumar, Chair, FICCI New Education Providers Sub-Committee and Co-Founder and MD of upGrad, outlined the government’s visionary initiatives, such as the SIDH (Skill India Digital Hub) platform and Skill Loan Scheme, designed to accelerate skilling and catapult India’s workforce onto the global stage.

The event saw participation from over 200 leaders in the edtech space, including CEOs, CXOs, CTOs, vice-chancellors, deans and academicians. The conclave deliberated on shaping the future of education in the digital age. The Union Budget next week will focus on job creation, supporting consumption via higher allocation for the rural economy, welfare schemes and agriculture with higher allocations for schemes like PMAY and MNREGA.

IANS

spot_img
spot_img

Related articles

Last rites of nine Manipur violence victims held, hundreds join mass burial

Imphal, Nov 22: The last rites of nine Manipur violence victims, including three children and three women abducted...

Australia to America, world leaders cherish exquisite traditional mementoes gifted by PM Modi

New Delhi, Nov 22: Having perfectly mastered the art of blending diplomacy with culture over the past one...

Jagpal Singh Dhanoa new SP, ANTF Shillong

Shillong, Nov 22: In the interest of public service and on the recommendation of the Civil Services Board(CSB),...

Shillong street vendors protest move to relocate them

Shillong, Nov 22: The hawkers and street vendors under the umbrella Meghalaya Greater Shillong Progressive Hawkers and Street...