It has already proven that Industrial growth is a necessary thing for
the overall growth of any country. The Union Government has finally understood
the importance of Industrial growth and to be precise the need of Industrial
Training. As a good result of that Centre has decided that it will establish
around 1,500 Industrial Training Institutes and 5,000 Skill Development Centres
in the next five years.
The
better part is all these centres will be set up through the popular
Public-Private-Partnership (PPP) mode. The PPP mode allows the private sectors
to invest their capital along with the public sectors. The advantage of PPP
mode is that both the parties are able to share the profits or losses (if any)
together. So the risk factors of being bankrupt are much lower in this mode.
The government is hoping that it will surely
achieve the target of skilling 100 million people by 2022 with the enormous
help of the setting up of the new centres. The honorable labour Minister of
India Mr. Mallikarjun Kharge said that it will benefit the nation in various
way for sure. He also assured that India Inc. is doing well at the moment and
it will continue the momentum in the near future too.
Mr.
Kharge also described skill development as one of the most important tools for
empowering people, increasing productivity of enterprises and competitiveness
of the country. So it needs to be developed with respect to time.
India
is becoming a core market for many of the top industries around the world with
its modern approach like FDIs. With the gradual increase of the industries, the
need for industrial training has become a mandatory option. We hope that the
government will be able to achieve their target by 2017 and India will continue
to climb up on the global scenario.
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