Union Ministry for Skill Development and Entrepreneurship launched the Human Resource and Skill Requirement reports across 24 sectors in India. The report will serve as the baseline for all skill development initiatives being planned across the country.
According to the findings of the reports, the incremental human resource requirement across these 24 sectors is nearly 109.73 million whereby the top 10 sectors account for about 80 percent of requirements.
Further, nearly 460 Million people will Require Up-Skilling/Re-Skilling.
The reports also gives an insight on the quantitative side of human resource requirement in each of the sectors and has also led to useful qualitative findings in terms of highlighting key job roles in the sector, existing skill gaps in the sectors, key interventions required to map supply and demand, etc.
The reports were commissioned by National Skill Development Corporation (NSDC) and authored by consulting firm KPMG.
The objective of these skill gap reports was to understand the sectorial and geographical spread of skill requirements that exist.
The figures have been estimated on the basis of extensive stakeholder engagement including small, medium and large enterprises in every sector as well as Sector Skill Councils (SSCs), training providers in the skills space and academia.
The skill gap studies provide a granular data on the skill gaps for two time periods- 2013-17 and 2017-22
These reports will be used for the implementation of the recently announced Pradhan Mantri Kaushal Vikas Yojana (PMKVY); for State Skill Missions, and for various other skill initiatives being planned across the country.
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