India, one of the most populous countries in the world, can accrue a lot of benefits from its labor market. There lies the immense potential for India to be the largest provider of skilled labor to the world. After opening up the economy, the Government realized the significance of skill development in the country, as it plays a significant role in increasing employment opportunities for the population. (more…)
By Shruti Sharma, Campus Law Centre, Delhi University.
15th July, 2015 witnessed the world’s first ever “World Youth Skills Day” (WYSD), celebrated by the United Nations General Assembly. The basic objective behind celebrating this day as WYSD was to raise much needed awareness about the importance of investing in youth skills development at an International level. World Youth Skills Day explains the need to support programming and initiatives that equip young people with tools and resources to enhance their ability to make an informed life and work choices. Celebrating WYSD will also undoubtedly help in recognising the fact that fostering the acquisition of skills by today’s youth would empower them to gain access to changing labour markets in its resolutions. (more…)