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
Equipment

Handling concrete better

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select wellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Next Story
Real Estate

Elevated floors!

Raised access flooring, also called false flooring, is a less common interiors feature than false ceilings, but it has as many uses – if not more.A raised floor is a modular panel installed above the structural floor. The space beneath the raised flooring is typically used to accommodate utilities such as electrical cables, plumbing and HVAC systems. And so, raised flooring is usually associated with buildings with heavy cabling and precise air distribution needs, such as data centres.That said, CW interacted with designers and architects and discovered that false flooring can come in handy ..

Next Story
Infrastructure Urban

The Variation Challenge

A variation or change in scope clause is defined in construction contracts to take care of situations arising from change in the defined scope of work. Such changes may arise due to factors such as additions or deletions in the scope of work, modifications in the type, grade or specifications of materials, alterations in specifications or drawings, and acts or omissions of other contractors. Further, ineffective planning, inadequate investigations or surveys and requests from the employer or those within the project’s area of influence can contribute to changes in the scope of work. Ext..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?