Development of skill is a root factor for sustainable economic growth in India
Neelam Saini
Skill with knowledge is a significant derivation force for sustainable economic growth, where knowledge endorsed the analytical power and skill provide efficiency for performing any task which enlarges productivity and create revenues for an economy. The present study deals with the “Development of Skill is a Root Factor for Sustainable Economic Growth in India”. The main purpose of this manuscript is to identify the levels of skill and to analyze the existing level of skilled workforce which is significantly contributor in national GDP. The study is based on primary as well as secondary data. The primary data collected through interviews and questionnaire whereas secondary data from journals, magazines, publications, articles, research papers and websites. Today, the demand of workforce has been changed due to sky rocketing change in technological factor. Therefore, skill has become the most important tool to enter the employment market but India has facing the huge shortage of skilled workforce i.e only 6.06 crore (4.7%) workforce has skilled which is very little in comparison to other skilled countries including USA has 52%, China (58%), UK (68%), Germany (75%), Japan (80%) whereas Korea have 98% skilled workforce, which is the highest skilled workforce in world.
Neelam Saini. Development of skill is a root factor for sustainable economic growth in India. Int J Foreign Trade Int Bus 2025;7(1):228-235. DOI: 10.33545/26633140.2025.v7.i1c.162