India faces significant skilling challenges, with a large portion of its workforce unprepared for the rapidly evolving job market. On one hand, rapid advancements in AI and automation are poised to replace traditional job roles, creating an urgent need for upskilling and reskilling. On the other hand, a large portion...
One major issue that Indian industry is confronting at present is a shortage of skilled workforce. The deficit of skilled workforce is affecting business across various industries including construction, manufacturing, IT & Technology, transportation & logistics. Increasing preference for white-collar jobs over blue-collar jobs is one of the main reasons...
On the occasion of Vishwakarma Jayanti, Prime Minister Shri Narendra Modi virtually inaugurated the PM Vishwakarma scheme simultaneously at seventy different locations across the country. This initiative is designed to offer financial assistance and to enhance the skills of traditional artisans and craftsmen. Under the scheme, the artisans and craftspeople will...
India needs to enhance its competitiveness in intermediate goods exports through the implementation of reforms in taxation, enhancing ease of trade and investments in skilling of the workforce. In global trade, intermediate goods have a share of 52.8% in total exports and 55.6% in total imports of merchandise. India’s exports...
Dr Arpita Mukherjee, ICRIER, believes that the COVID-19 pandemic has fast tracked the adoption of technology in manufacturing, thereby making it critical for companies to have a high-skilled workforce. She cautions that this is a particularly difficult time for SMEs, who have to struggle for access to financial resources, push...
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