statesman news service
NEW DELHI, 27 JUNE: The Union finance minister, Mr P Chidambaram, has said that skill development is needed to fill the significant gap between the actual skills of large number of candidates passing out from various schools, colleges and professional institutions across the country and the skills needed in the industry.
He said the government has set up an ambitious target of providing skills to 500 million people in 10 years meaning thereby that 50 million people are to be skilled every year, which is a huge challenge in itself. Business and corporate houses must work closely with the National Skill Development Corporation to achieve this.
The finance minister was addressing the board of NSDC here today. He said the Prime Minister has set up a Cabinet Committee on Skill Development to coordinate and monitor the progress of skill development.
Later, Mr Chidambaram flagged off the Indian delegation of 24 participants who will be participating in 22 skills during the World Skills Competition scheduled to be held in Leipzig, Germany from 2-7 July. Fifty four countries will participate in 46 skills with more than 1,000 competitors, 970 experts, 252 interpreters, 53 official delegates and 116 team leaders in the competition this year.