Skill Development in India: Challenges and Way Forward

Skilled workforce is the one of the major element of economic growth and social development of any country In 21stcentury it becomes even more important due to increasing pace of globalization and rapid technological changes taking place around the world. India is heading towards becoming a Knowledge economy. It becomes essential for education and training institutes to create and nurture a skill development system. This paper presents skill development models of various countries, where it is implemented successfully. The paper also provides the framework of skill development programmes in India. The government of India had initiated ambitious skill development programme to effectively tum the demographic dividend into a skilled workforce. This paper highlights the challenges for skill development in India through literature review andprovide possible solutions.