India’s Skill Gap - By Ranjeet Shah
India's Skill Gap refers to the mismatch between the skills of the workforce and industry demands, limiting productivity and economic growth. Despite a large, young population, India faces challenges in equipping its labour force with the necessary technical, vocational, and soft skills to meet the demands of a rapidly changing global economy.
On 7th February 2025, the Union Cabinet approved the extension and restructuring of the Central Sector Scheme ‘Skill India Programme (SIP)’ until 2026, with a substantial funding allocation of Rs. 8,800 crore for the period from 2022-23 to 2025-26. The revamped Skill India Programme now brings together three major ....
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