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Global Skills Summit 2022

Global Skills Summit 2022:

The Union Skill Development and Entrepreneurship Minister inaugurated the 13th Federation of Indian Chambers of Commerce & Industry (FICCI) Global Skills Summit 2022.

  • Theme: Education to Employability – Making It Happen.
  • The 2015 Report on National Policy on Skill Development and Entrepreneurship estimated that only 4.7% of the total workforce in India had undergone formal skill training compared with 52% in the US, 80% in Japan, and 96% in South Korea.
  • A skill gap study conducted by the National Skill Development Corporation (NSDC) over 2010-2014 indicated an additional net incremental requirement of 10.97 crores of skilled manpower in 24 key sectors by 2022.
  • In addition, the 29.82 crore farm and nonfarm sector workforce needed to be skilled, reskilled, and upskilled.