But with the demographic dividend of India comes associated challenges. If such a large proportion of Indian youth population is not aided with new employable skills of the evolving economy then it will be a disaster. To deal with this situation government of India has drafted the ‘National Youth Policy’ launched projects like UDAAN, set up ministry of skill development, Startup policy and skills enhancement mandatory programmes in Higher .Education degree courses etc.
Along with the emergence of Global South, India is leading the baton of economic development in the world along with other emerging economy. Traditional set of Indian based skills became obsolete with the advent of technology and the resulting automation in every sector of the economy.
In a vibrant and evolving economy like India, different businesses associated with various sectors of the economy continuously keep on evolving and changing and so does the skills required to engage with these businesses.
In that case a comprehensive analysis and understanding of the trend of the evolution of various sectors of the Indian economy and their contribution to the nation’s GDP would be a key indicator to understanding the skills with which people have engaged so far and will likely to engage with the evolving and growing new businesses of 21st century India.
Note – The skills will be mapped, documented and developed or forecasted based on Markets/nature of Indian economy.
