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According to the Prime Minister of India,              gain from investing in skill development
                    Narendra Modi, India has the potential                 programmes that will train workers with
                    to emerge as the ‘human resource capital’              skills that are needed in their respective
                    of the world just as China has become a                sectors.
                    global ‘manufacturing factory’. ‘Skill India’       •  Th  e Skill India Mission is an opportunity
                    and ‘Make in India’ campaigns are the                  for companies to give some serious
                    programmes started by the government to                thought to how they can play an impactful
                    promote learning of any skill formally and             role in bridging the skill gap in the
                    to promote indigenous production and                   country. Wide-scale impact cannot occur
                    manufacturing. Th  e top five sectors which            without the active involvement of the
                    are currently inadequate due to the amount             private sector. By leveraging the Skill
                    of unskilled labour in India are listed here.          India Mission and engaging with the
                    1.  Domestic help—Informal sector                      government and various implementation
                    2. Automobile sector                                   agencies, companies can work to provide
                    3.  Building and construction                          the much needed training programmes

                    4. Textile                                             to the vast population of unskilled people.
                    5. Clothing                                            Th  is will ultimately benefi t the industries
                    With the help of training and education, these         and contribute to the growth and
                    sectors could prove to be the highest revenue          development of the country.
                    generators in India.
                                                                        Impact of Skilled Human Resources
                    Increasing Skilled Human Resources                  on the Development of a Country

                    in India
                                                                        Human resources and human beings are
                    • Th  e Government of India has set up a            not the same. We can fi nd human beings
                       Skills Ministry which is determined to           everywhere but only some of them can
                       encourage innovative ideas and modules           be labelled as human resources. Human
                       in the skill development landscape. At the       resources indicate the active age group of
                       same time, this ministry would also assist       people who can economically contribute
                       the youth of the country in the skilling         towards the growth of their country.
                       and entrepreneurial domain.                      In the modern age, the value of human
                    • Th e     National     Skill    Development        resources in a country is increasing every day.
                       Corporation (NSDC) has identifi ed over          Th  e ways in which these human resources
                       24 high-growth sectors for which potential       impact a nation have been discussed below.
                       employees require to be skilled. Of these,
                                                                        Agricultural Development
                       the manufacturing, textile, construction,
                       automotives, retail, healthcare and              Development of agriculture in an agrarian

                       transportation sectors are expected to           country becomes the foremost priority.
                       witness the highest growth. Companies            Agriculture is labour intensive, hence, the
                       operating within these sectors stand to          manpower needed to do the work needs


                    entrepreneurial: characterised by the taking of fi nancial risks in the hope of profi t

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