7/16/2015

http://epaperbeta.timesofindia.com/Article.aspx?eid=31808&articlexml=IndiashouldemergeasworldsHRcapital16072015017022 1/1

TheTimesofIndiaTitle:`Indiashouldemergeasworld'sHRcapital'Author:Location:NewDelhiArticleDate:07/16/2015

Indiashouldemergeasthehumanresourcecapitaloftheworld,emulatingChinawhichhasbecomethefactoryoftheworld,PrimeMinisterNarendraModisaidasheunveiledthegovernment'smassiveSkillIndiaMissiononWednesday.

Assertingthatthegovernmenthaddeclaredawaronpovertyandwasdeterminedtowinit,thePMsaideachpoor,underprivilegedyouthwasasoldierinthiswar.

NotingthatIndiawouldhavesurplusmanpowerof4to5croreoverthenextdecade,thePMemphasizedtheneedtoprovidethisyouthfulmanpowerwithskillsandabilitytotackleglobalchallenges,andwarnedthatthedemographicdividendwouldotherwisebecomeachallengeinitself.

Hesaidthatifthe20thcenturysawIndia'sforemosttechnicalinstitutestheIITsmakeanameforthemselvesglobally,the21stcenturyrequiredthatIndia'sITIs(IndustrialTrainingInstitutes),acquireglobalrecognitionforproducingqualityskilledmanpower.ThePMsaidIndiacanbecometheworld'slargestproviderofskilledworkforcefortheworld.

FinanceministerArunJaitleysaidthemanufacturingsectorwasrevivingthankstothe`MakeinIndia'initiative.HecalledforconvertingIndia'shugemanpowerintoaresource.RajivPratapRudy,ministerofstateforskillsdevelopmentandentrepreneurship,saidthegovernmentwouldbringalegislationinParliamenttosetupskilluniversitiesineachstatetocreatealargepoolofskilledworkers.

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