Skilling India: No Time to Lose
The report addresses the skilling challenge faced by the country. Policymakers in India face the triple challenge of incentivising the creation of more well-paying jobs, creating efficient pathways to skill acquisition and job matching to ensure workers have the right skills, and protecting low-paid, low-skilled workers with social security benefits. An additional challenge comes from the massive number of workers aged 30–59 who are in the workforce but have to be reskilled or up skilled. After suggesting simple ways of thinking about the three types of skills that are fundamental— foundational, employability and entrepreneurial— this Report offers a framework for policymakers and practitioners to use to design, execute and evaluate skilling pathways that can help break the cycle of poor skilling and slow creation of good jobs— the low-skilling trap that India is caught in.