India & WEF Launch Skills Accelerator for Future Jobs
ECONOMY & POLICY

India & WEF Launch Skills Accelerator for Future Jobs

In a move to advance India’s workforce readiness, the Ministry of Skill Development and Entrepreneurship (MSDE), in partnership with the World Economic Forum (WEF), discussed the launch of the “India Skills Accelerator” during a roundtable at Kaushal Bhawan in New Delhi.

The initiative will serve as a national platform for public-private collaboration to close skill gaps, promote innovation, and drive structural reforms in skilling. It will focus on increasing awareness of future skill demands, encouraging partnerships among stakeholders, and updating policies to build a more adaptive and inclusive skilling ecosystem.

With 65% of organisations identifying skill gaps as a barrier, the Accelerator aims to enable reskilling and upskilling, align education with industry needs, and support agile career transitions—particularly in areas like AI, robotics, and energy.

The governance of the Accelerator includes both government and industry leaders. The platform is co-led by Minister of State Jayant Chaudhary and Dr Sukanta Majumdar, along with industry co-chairs Shobana Kamineni of Apollo HealthCo and Sanjiv Bajaj of Bajaj Finserv.

Chaudhary described the Accelerator as a catalyst for systemic transformation and said India is uniquely positioned to become the “Skill Capital of the World” thanks to its youth population and expanding skilling ecosystem. He also highlighted the need to prioritize sectors such as advanced manufacturing and formalization of the informal economy.

Dr Majumdar emphasized the need to embed global competitiveness in India’s skill architecture and noted that India is skilling not only for domestic needs but for global demand. He pointed to the National Education Policy’s flexibility and focus on vocational and digital pathways as examples of reform.

WEF’s Managing Director Saadia Zahidi praised the initiative as a vital step in preparing India’s workforce for a fast-changing global job market and expressed confidence in its large-scale impact.

Experts at the roundtable discussed identifying 10–12 high-impact priorities, forming sector-based working groups, and aligning the initiative with WEF’s Future of Jobs 2025 report. Participants included leaders from MSDE, WEF, NSDC, NCVET, DGT, and various educational bodies such as UGC, AICTE, NCERT, and CBSE.

In a move to advance India’s workforce readiness, the Ministry of Skill Development and Entrepreneurship (MSDE), in partnership with the World Economic Forum (WEF), discussed the launch of the “India Skills Accelerator” during a roundtable at Kaushal Bhawan in New Delhi. The initiative will serve as a national platform for public-private collaboration to close skill gaps, promote innovation, and drive structural reforms in skilling. It will focus on increasing awareness of future skill demands, encouraging partnerships among stakeholders, and updating policies to build a more adaptive and inclusive skilling ecosystem. With 65% of organisations identifying skill gaps as a barrier, the Accelerator aims to enable reskilling and upskilling, align education with industry needs, and support agile career transitions—particularly in areas like AI, robotics, and energy. The governance of the Accelerator includes both government and industry leaders. The platform is co-led by Minister of State Jayant Chaudhary and Dr Sukanta Majumdar, along with industry co-chairs Shobana Kamineni of Apollo HealthCo and Sanjiv Bajaj of Bajaj Finserv. Chaudhary described the Accelerator as a catalyst for systemic transformation and said India is uniquely positioned to become the “Skill Capital of the World” thanks to its youth population and expanding skilling ecosystem. He also highlighted the need to prioritize sectors such as advanced manufacturing and formalization of the informal economy. Dr Majumdar emphasized the need to embed global competitiveness in India’s skill architecture and noted that India is skilling not only for domestic needs but for global demand. He pointed to the National Education Policy’s flexibility and focus on vocational and digital pathways as examples of reform. WEF’s Managing Director Saadia Zahidi praised the initiative as a vital step in preparing India’s workforce for a fast-changing global job market and expressed confidence in its large-scale impact. Experts at the roundtable discussed identifying 10–12 high-impact priorities, forming sector-based working groups, and aligning the initiative with WEF’s Future of Jobs 2025 report. Participants included leaders from MSDE, WEF, NSDC, NCVET, DGT, and various educational bodies such as UGC, AICTE, NCERT, and CBSE.

Next Story
Infrastructure Urban

Meghalaya And Assam Hold Talks To End Transport Stoppages In Garo Hills

Meghalaya and Assam have opened talks aimed at ending recent stoppages of commodity transport in the Garo Hills, officials said. The deputy chief minister, in charge of home affairs, reported that both state governments are coordinating to resolve disruptions and to restore normal movement of goods. He acknowledged that misunderstandings may have contributed to the incidents and that clarification between administrative units is under way. The discussions are intended to produce practical arrangements that will allow consignments to move without hindrance while respecting local procedures. The..

Next Story
Infrastructure Transport

Kochi Metro Records 1.375 mn Rise In Passengers In FY26

Kochi Metro recorded a marginal rise in ridership in the financial year 2025-26, carrying 1.375 mn more passengers than in the previous year. The service carried 36.8 million (mn) passengers in 2025-26 compared with 35.5 mn in 2024-25, representing a year-on-year increase of 3.9 per cent. The growth was described as distributed rather than concentrated in isolated spikes. A month-wise analysis shows steady gains across quarters. In the first quarter, ridership increased from 8.57 mn to 8.84 mn, while the second quarter rose from 9.13 mn to 9.51 mn. These trends indicated broad-based improvemen..

Next Story
Infrastructure Transport

Ghaziabad Plans 16km Metro Link To Delhi Via Hindon Airport

Ghaziabad authorities are pursuing a 16 km metro link to Delhi that will run via Hindon Airport, and a detailed project report is under way. The plan is intended to improve connectivity between Ghaziabad and the national capital and to provide an interchange with the airport. Officials said the project is being studied to assess alignments, station locations and cost estimates ahead of formal approvals and tendering. The announcement follows the inauguration of the Delhi?Faridabad metro extension, which will offer hassle free travel for around 0.2 mn daily commuters between the national capita..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement