Webinar on Discussion on Skill

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Webinar on Discussion on Skill Infrastructure Industry RESURGENT INDIA KNOWLEDGE SERIES PRESENTS Webinar on Discussion on Skill Infrastructure Industry Speakers- Dr. Anurita Saxena Associate Professor- Govt. of Himachal Ex GM- Himachal Skill mission HPKVN Speakers- Dr. A. Didar Singh Former secretary to GoI Ex Secretary General FICCI Moderated By- Mr. Sagar Gangwal AVP- Resurgent India Limited Key Takeaways Skill Mission in India  Government has been taking multiple efforts in the direction of increasing the skilled workforce in India so that they can participate in shaping the growing economy of the country.  This crisis will have definitely put the activities and progress of skilling on hold. A lot of industries like civil aviation hospitality entertainment wedding industry will now be less employable. But industries like healthcare logistics will take an upturn.  Skilling curriculums will have to be redefined with respect to COVID-19. Mandatory protocols regarding the virus social distancing norms self precautions etc will have to be incorporated in the courses.  The need of the hour is to evaluate the skill gap analysis of every sector and find out how much portion of a skill can be digitized. The planning of skill development will have to be designed more on a local level than national.  Analysis of demand for the skill and availability of labour in that particular area/district will have to be figured out and accordingly the type of upskilling and reskilling will have to be done.

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 However with all said and done execution will be a challenge since the people associated in such programs does not necessarily have required infrastructure to participate in the digital classes challenges with regards to internships and apprenticeships and alike.  Skilling is matching the youth aspirations and then matching it to an industry.  Government is in the process of setting up a system where they will suggest the workforce the type of skill necessary as per their qualification and job requirement.  More than 8000 schools all over India are offering NSQF vocational courses and more than 10 lakh students across std 9101112 are already enrolled.

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 The movement of skilled workers from India was in the gulf. A lot of skilled workers will lose their jobs because of how oil economy is right now so new markets like europe and USA will have to be looked out for gainful employment of skilled workers abroad  Webinar on Discussion on Skill Infrastructure Industry  Global Economy Infrastructure  Global economy has been tanking due to the pandemic and senior economists of world institutions are predicting global GDP close to zero. But some of them are also talking about V- shape recovery i.e. the rise in the GDP as soon as the world is out of the woods from this crisis.  There are three phases with this pandemic. The first is the state of lockdown then comes the phase with certain relaxations following that the phase of post COVID-19. It is expected that by the winter the pandemic will have been contained and recovery of the economies will begin.  Logistics constitute about 15 of the pricing of products. Hence indian logistics is already at a disadvantage with expensive pricing. Secondly the capital tied up in the logistic chain if released could be used for other fulfilment of business needs.  Infrastructure unfortunately cannot be up and running unless the entire ecosystem of labour aggregator cement and steel is in place. As and when this ecosystem starts returning the first place to start infrastructure will be flyovers and roads and railroads where the traffic is least due to semi-lockdown situation.  Clogged projects can be restarted by starting the process of dispute resolution within a few months so work on them can begin in full force with zero lead time.  Technology was already disrupting the traditional skilling so increased dependency has to be focused on new skilling which is technology based.  The single most important aspect to attract foreign investments and improve the “ease of doing business” is to sanctify the contracts to ensure minimal legal issues. There is a great opportunity

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for India as the world looks out to the “Post COVID Post China” environment. In addition infrastructure of land labour and capital and their related issues will have to be sorted out.  With TCS planning for 25-25 where by 2025 75 of the workforce will be working from home the world will be moving towards the ‘Gig’ economy in future. Under this people are not employed in one job or limited to a specific role but they are doing multiple jobs and have multiple skills. This will happen because of technology and not just because of COVID. ►Watch the webinar here: https://www.youtube.com/watchvWxSWwxMSkIw

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