Mahendra Nath Pandey shares his thoughts on the current economic scenario due to COVID-19. The economy has come to a standstill because of this current pandemic, with millions of job losses and laborers returning to their homes are an alarming situation and what is the government doing to keep things under control.
Also Read: Not Enough Jobs? Importance of re-training and reskilling
Many initiatives from policies for skill development and entrepreneurship, to the Apprenticeship Act and the programs for skilling, upskilling and reskilling of the nation’s workforce have been revamped.
Significant achievements include:
-Over 1 crore youth join the Skill India Mission annually
-Launch of Pradhan Mantri Kaushal Vikas Yojana (PMKVY) to aid those who cannot pay for their skill training and find a means of livelihood
-Setting up of Pradhan Mantri Kaushal Kendras (PMKKs) – close to 750 state-of-the-art skilling centres for youth
-Introduction of a wide range of reforms to the Apprenticeship Act of 1961
-Reinvigorated the ITI ecosystem through modernization, enhanced pedagogy, revised curriculum, better technology, quality training, and an online examination and assessment system
-Introduction of new-age courses in 12 NSTIs. These include Internet of Things
– Smart Healthcare; Internet of Things – Smart Cities; 3D printing; Drone pilots; Solar -Technicians and Geo-Informatics among many others.