NABARD - Soil Report 2015 - page 166

Skilling India: An Aspirational Challenge
141
The ambitious but necessary targets
entail training of 250 million people in
next five years. At an estimated cost of
`
20,000 per individual, this requires
`
5
trillion funding. With industry not keen to
reskill their own employees, the likelihood
that they will contribute significant sums
is remote. While trainees can be asked to
contribute, there are limits to their financial
capacity as these are either unemployed
or lowly paid before training. Very clearly
financial resources have to be found for
meeting the targets of skilling 250 million
youth. The possibility of attracting CSR
funding to the skilling initiative should be
fully explored. Employers that gain from
skilled manpower can also be approached
to pay a placement fee, offsetting the costs
of training to some extent.
Apart fromfinancial resources, technical
and knowledge resources are likely to prove
more elusive. Finding adequate number of
trainers with relevant skills, training them to
be competent faculty and ensuring adher-
ence to quality standards are the prime
challenges that need to be faced. A massive
coordination effort is seen as critical to bring
the variety of stakeholders together in order
to unify the efforts on a uniform quality
platform for skill development.
The hope of youth rests on skill build-
ing. Their dreams ride on skill acquisition
leading to viable livelihoods opportunities.
To provide sustainable skill building to the
millions, the policy and strategy elements
should be long-term. The investments in
institutions should also prioritise sustain-
ability and accountability for results.
ANNEXURE 6.1
Ministry-wise performance in skill training 2014–15
S.
No. Ministry/Organisation
Target for
2014–15
Cumulative achievement for 2014–15
Number
% of annual target
1. Ministry of Labour & Employment
16,25,000
16,85,000
**
103.70%
2. Ministry of Agriculture
*
22,00,000
11,43,671
51.98%
3. National Skill Development Corporation
*
33,00,000
34,42,422
**
104.31%
4. Ministry of Rural Development
5,62,950
3,95,201
70.20%
5. Ministry of Micro, Small & Medium Enterprises
6,50,000
5,52,386
84.98%
6. Department of Higher Education
1,21,800
30,055
24.67%
7. Department of Electronics & Info Technology
6,10,000
8. Ministry of Housing & Urban Poverty Alleviation
6,50,000
47,922
7.37
9. Ministry of Women & Child Development
96,000
10. Ministry of Textiles
1,20,000
11. Ministry of Social Justice & Empowerment
96,050
23,752
24.72%
12. Ministry of Tourism
*
80,800
97,986
**
121.27%
13. Ministry of Minority Affairs
95,000
40,924
43.08%
14. Ministry of Tribal Affairs
50,000
15. Ministry of Home Affairs
8,000
626
7.83%
16. Ministry of Road Transport and Highways
17,500
17. Ministry of Chemicals & Fertilisers
42,900
24,864
57.96%
18. Ministry of Commerce and Industry
1,38,000
93,105
67.46%
19. Department of Heavy Industry
31,000
24,339
78.51%
(Continued)
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