India will be able to create only 109.7 million jobs by 2022, latest estimates and studies on sector-wise human resource and skill requirements, commissioned by the newly-created Skills Ministry, show.
An earlier official estimate said that by 2022, India will have to impart skills training to 500 million people. Union Minister for Skill Development and Entrepreneurship Rajiv Pratap Rudy will release the new estimates on Thursday.
The estimate of 109.7 million jobs is for India’s qualitative skill gap in key job roles, explained a government source. “It is a demand-side projection from the industry’s point of view... it is different from the estimate of the labour-supply side for the need for jobs that was earlier projected at 500 million,” the source said.
The studies for calculating India’s Skill Gap were undertaken in the wake of the launch of the Pradhan Mantri Kaushal Vikas Yojana that the Union Cabinet headed by Prime Minister Narendra Modi approved last month. They involve mapping of top job roles in 24 sectors including unorganised parts and also of current supply infrastructure (both private and public)- capacity, quality and challenges. Government schemes for skill development for the sector were also factored into the assessment.
The Modi government’s skills initiative is central to the success of the Prime Minister’s other pet schemes such as Make in India and Digital India.
The studies have made recommendations for government, training partners, industry and the National Skills Development Council.