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A Conceptual Model for Skill Development: ‘A Key Driver for Inclusive Growth and Sustainable Development’

In: Contemporary Challenges in Social Science Management: Skills Gaps and Shortages in the Labour Market

Author

Listed:
  • P. S. Anuradha
  • L. Mynavathi
  • M. Anand Shankar Raja

Abstract

Purpose:This chapter explores the two major schemes applicable to skill development in India: Skill Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) and Pradhan Mantri Kaushal Vikas Yojana (PMKVY). Need for the Study:The primary objective of this research is to check the role of these schemes in enhancing the skills of socio-economically stressed community members for their livelihoods. The secondary aim is to analyse the outcomes of these schemes through a qualitative inquiry. Methodology:A survey was conducted, and the data was collected from trainees of the skill development programmes. Based on the responses, a qualitative content analysis was performed, which showed that most trainees have the thirst and urge to enhance their life skills for a minimalistic livelihood. Findings:The study concluded that though there are many schemes, only PMKVY is active. They focus on more than just youth communities. Instead, they consider individuals in different age categories. Practical Implications:The Government of India (GOI) is progressing towards a healthy economy to compete with other countries. For this mission to be achieved, skill and labour development is paramount. Appropriate training must be provided and administrated through government schemes.

Suggested Citation

  • P. S. Anuradha & L. Mynavathi & M. Anand Shankar Raja, 2024. "A Conceptual Model for Skill Development: ‘A Key Driver for Inclusive Growth and Sustainable Development’," Contemporary Studies in Economic and Financial Analysis, in: Contemporary Challenges in Social Science Management: Skills Gaps and Shortages in the Labour Market, volume 112, pages 83-100, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:csefzz:s1569-37592024000112a018
    DOI: 10.1108/S1569-37592024000112A018
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