Do not let demographic dividend becoming liability: President
Source: PTI President Pranab Mukherjee said government needs to focus on skill development to prevent the demographic dividend from becoming a liability and an explosive situation. He said that India is a population of 1.28 billion and this population is increasing substantially. "More often we use one phrase India's advantage - demographic dividend. Why do we use this phrase demographic divided because India has the largest number of working age population in the world," he said while inaugurating the first edition of 'India Skills' in New Delhi on Friday. "This question is staring at us, unless we handle it appropriately and in time, this population dividend may be population liability and the situation may be explosive...either it is to be defused ...
India requires nearly 109 mn skilled work force over the next decade: Report
The Dollar Business Bureau The increased human resource requirement across 24 Indian sectors is nearly 109.73 million and the top ten sectors account for 80% of skill requirements. This was an outcome of the Human Resource and Skill Requirement report covering 24 Indian sectors, launched by the Ministry of Skill Development and Entrepreneurship, on Thursday. The 24 sectors that have been covered under the study include Auto and Auto Components, Food Processing, Beauty & Wellness, Media and Entertainment, Retail, Domestic Help, Leather and its goods, among others. In the report that was commissioned by National Skill Development Corporation, while the employment base in 2013 stands at 459.46 million, the projected employment by 2022 is projected at 578.62 million. ...
