Pre-Budget expectations: Sanjay Bahl, MD and CEO, Centum Learning

Government’s focus on reskilling the talent in new technologies is the right step to create a future-ready workforce that can leverage emerging opportunities.

Jul 04, 2019 10:07 IST India Infoline News Service

Sanjay Bahl
“The global trends are about lifelong learning and upskilling so that the talent is aligned to the industry needs. Rapid advancement in technology and business models have created demand for reskilling in India. Government’s focus on reskilling the talent in new technologies is the right step to create a future-ready workforce that can leverage emerging opportunities. Additionally, government’s aim to skill 10 million youth under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) by 2020 is falling around 64% short of the target. This calls for a need to focus on implementing Skill India Mission more vigorously to fulfil the growing need for skilled manpower to sustain the economy. Learnings from previous schemes and implementations need to be plugged into the new drafts of policies.
  • Since Skill Development is a key requirement in nation building, the government should consider removing the application of GST on revenue earned through all skill development courses, especially those which are funded by NSDC, State Departments, Central Ministries. PSUs, CSR Donors.
  • Extension of few flagship skilling schemes like PMKVY, NULM, etc. to give a further push to Skill India Mission.
  • Budgets for upskilling of exiting workforce (RPL) to be increased
 
Industry wide skill development and training partners should be given a single window support through a universal platform for addressing skill development and training requirements of other agencies like Central Ministry, PSUs, State Department, etc. This will ensure speedy implementation of Skill India Mission as well as greater transparency in training delivery”

Related Story