- Initiative: The Ministry of Skill Development and Entrepreneurship (MSDE) and the World Economic Forum (WEF) launched the India Skills Accelerator (ISA).
- Purpose: The ISA is a public-private collaboration platform to address skill gaps in India’s ecosystem. It focuses on innovation, knowledge sharing, and policy reforms.
- Goals:
- Support India’s demographic dividend
- Make India the Skill Capital of the World.
- Close skill gaps, cited by 65% of organizations, through upskilling, reskilling, and aligning education with industry.
- Key Objectives:
- Improve awareness of future skills needs.
- Increase collaboration among stakeholders.
- Upgrade institutional structures and policy frameworks.
- Areas of Focus: 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/>
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AI, robotics, energy, GCCs, advanced manufacturing, and formalizing the informal workforce.
Governance: Led by the Minister of State for Skill Development and Entrepreneurship and Minister of State for Education, along with private co-chairs.
Impact: The ISA aims to close critical skills gaps, supporting the growth of the digital and innovation-driven economy.
Alignment: Aligns with the WEF’s Future of Jobs 2025 report to maintain global competitiveness.
Actions: Will establish dedicated working groups to implement and track progress, and will involve diverse stakeholders for coordinated action.