Sunday 5 January 2020

India - The Human Resource Captial of the world.


The biggest advantage Indians have today over the rest of the world is the population. Would could seem like a liability to at times is also a minefield of untapped gold. The higher the population of the country, the more the odds of this resource pool having more skilled labor. In 2014, the government launched it’s the biggest initiative towards Skill Development India has seen yet. The aim of the government is to provide significant skills to over forty crore Indians by the conclusion of the year 2022. This is a meaningful effort to make India the Human Resource Capital of the world.


There are many advantages to a higher-skilled labor population. It saves a lot of money to establishments that are hiring the people as the work is done more effectively. Also if the training is done outside the company, it saves them a lot of costs as they can directly hiring more effective manpower.  The other biggest advantage is that a Skill Development India program will return higher tax earnings back to the government.

The government as part of the Ministry of Skill Development And Entrepreneurship in India, the government has also launched a loan provision service. This is done in collaboration with private and government banks. Many selected NFBC establishes are also sanctioned part of this. This means that students who wish to get an update course like a diploma or a certification can get them easily with low-interest loans. The low-interest rate and flexible return periods are set as a motivator for students.

With such schemes to surround Skill Development India is making it’s way to the top. We as a country are able to use the resource that is available in abundance and turn into a filed of opportunities. With easy loans, rural skill development and multiple levels of government support -- this movement is sure to make bring a change to the Indian future. 


For More Details Visit : Eduvanz

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