Home > Articles > India to Have a Skilled Workforce of 500 Million by 2020

India to Have a Skilled Workforce of 500 Million by 2020

Nidhi Bahl updated on : 26 Apr, 2020 16

India’s leading technical and research institution, The Malaviya National Institute of Technology, Jaipur (MNIT), has been chosen by National Human Resource Development Network to conduct its new social initiative programme– The Concept of National Professor. The National Professor is a Honorary Position instituted by NHRDN which aims at equipping students with skills required to meet various emerging issues of Management Education in India. The National Professor programme will be conducted in the MNIT Campus beginning 29th, July, 2015 which will see a presence of personnel’s such as Padmabhushan Prof. Arvind Panagariya, Padmabhushan Prof. M.M. Sharma, Padmabhushan Prof. K. Kasturirangan, Padmashree Prof. Govardhan Mehta, Shri A.S. Kiran Kumar (Chairman, ISRO & Secretary, Department of Space, GoI), Prof. Ashutosh Sharma (Secretary, DST, GoI) & Shri S.Y. Siddiqui (Chief Mentor, Maruti Suzuki India Ltd.).

Speaking on this occasion, Prof. I.K. Bhatt, Director, MNIT, Jaipur said, “According to a private consulting services organization in its background note given to FICCI during the 3rd Global Skill Summit, it was mentioned that, India is expected to be a home to 500 million skilled workforce by the end of 2020. Also an approximate 12 million persons would be expected to join workforce every year. This means that the talent pool needs to be adequately skilled and qualified enough to meet the demand of the Industry on the whole. The report also mentioned that the employment and manufacturing services sector would have an excess of 250 million persons. In India, only about 5% of the workforce has marketable skills, as compared to 50% to 60% in other countries. Thus, it can be estimated that there is a huge required capacity for training new as well as the existing workforces.”

 


Tagged in MAT MAT test pattern MAT exam AIMA MAT exam structure

Like us on :


Recommended articles

Top BBA colleges, Colleges in Delhi University

Top 10 BBA colleges under delhi university (BMS/BBE/BBA-FIA)

by : Chirag on 24 july, 2017

Top BBA colleges, Colleges in Delhi University

Top 10 BBA colleges under delhi university (BMS/BBE/BBA-FIA)

by : Chirag on 24 july, 2017

Top BBA colleges, Colleges in Delhi University

Top 10 BBA colleges under delhi university (BMS/BBE/BBA-FIA)

by : Chirag on 24 july, 2017

Top BBA colleges, Colleges in Delhi University

Top 10 BBA colleges under delhi university (BMS/BBE/BBA-FIA)

by : Chirag on 24 july, 2017

IRMA Selection process 2018

By: Rajat on 2 years, 2 months ago

IRMA Selection process 2018

By: Rajat on 2 years, 2 months ago

IRMA Selection process 2018

By: Rajat on 2 years, 2 months ago

IRMA Selection process 2018

By: Rajat on 2 years, 2 months ago

IRMA Selection process 2018

By: Rajat on 2 years, 2 months ago

IRMA Selection process 2018

By: Rajat on 2 years, 2 months ago

IRMA Selection process 2018

By: Rajat on 2 years, 2 months ago

IRMA Selection process 2018

By: Rajat on 2 years, 2 months ago