Media Coverage of 4th Global Skills Summit 15 - 16th Sep 2011

8/3/2019 Media Coverage of 4th Global Skills Summit 15 - 16th Sep 2011

1/18

Media Coverage of FICCI, 4th

Global Skills Summit

15

16th September 2011, New Delhi


2/18

Media Coverage in leading newspapers of India

1.)Hindu Business Line - Private Sector asked to help meet shortage of trainers:

http://www.thehindubusinessline.com/industry-and-

economy/economy/article2456033.ece

Mr Sharda Prasad.

New Delhi, Sept. 15:

There is need for more public-private partnerships (PPPs) to meet the Prime Minister's aim ofhaving 500 million skilled persons in the country by 2022. However, the biggest challenge at

present is the acute shortage of trainers.

We need more trainers to meet the target of 40 million skilled persons annually, Mr Sharda

Prasad, Director-General of Employment and Training, Labour Ministry, said. He was

addressing the fourth Global Skills Summit here on Thursday, hosted jointly by the Labour

Ministry and industry chamber FICCI.

Mr Prasad said the shortage of trainers was despite enhanced investment as well as expansion

of the country's training capacity from about 2.5 million persons in 2006-07 to 5 million at

present.
http://www.thehindubusinessline.com/industry-and-economy/economy/article2456033.ecehttp://www.thehindubusinessline.com/industry-and-economy/economy/article2456033.ecehttp://www.thehindubusinessline.com/industry-and-economy/economy/article2456033.ecehttp://www.thehindubusinessline.com/http://www.thehindubusinessline.com/http://www.thehindubusinessline.com/industry-and-economy/economy/article2456033.ecehttp://www.thehindubusinessline.com/industry-and-economy/economy/article2456033.ece


3/18


4/18

Each sector should give its input for the creation of a national occupancy standard that

defines outcomes at every level, he said.

The Prime Ministers skill council has set a target of 500 million people being train ed by

2022. Of this, the government co-promoted National Skill Development Corp. has a mandate

to train 150 million and the labour ministry 100 million. The rest are to be trained by otherministries and departments in collaboration with private parties.

Since skill development penetration is shifting from the cities to rural areas, Ramadorai said

that there was need for credit funding of the vocational education sector.

By giving access to funds, more people will be encouraged to skill themselves, hence we are

working towards credit funding being enabled for vocational training, said Ramadorai, who

is also vice-chairman of Tata Consultancy Services Ltd. He said that the education loan

business has grown 40% in the last few years, which strengthens the case for credit funding

of skill training.

Quality standards are a must for sustainable growth, said Sanjeev Duggal, chief executive

of Centum Learning Ltd, education training unit of the Bharti group. We have just started

but monetary support to students will be key to promoting the sector. In the long run you

need it.

Banks may be hesitant knowing the risk involved, said Abhaya Agarwal, executive director at

consulting firm Ernst and Young (E&Y Agarwal said. I believe microfinance has a good

reach in rural India and can fill the gap. Y), which released a report on the skill sector on

Thursday. If there is some kind of guarantee from the government side, then it will help,

According to the E&Y report, about 67% of organizations in India are facing difficulty in

filling up jobs against a world average of 34%. In a scenario where 80% of the workforce in

rural and urban India do not possess any identifiable marketable skills, and 75% of new job

opportunities to be created will be skill based, it becomes essential for the country to evolve

and develop a robust delivery mechanism on priority,E&Y report said.

The challenge here for the country is to ensure consistent quality of infrastructure and

delivery, wider industry participation, social respect for skilled manpower and efficient

coordination among delivery agencies for regulation and monitoring, the report said.


5/18

3.) DNA- India has the most unemployable population :http://www.dnaindia.com/india/report_india-has-the-most-unemployable-population-

report_1587604

India has the largest, youngest population in the world. But it is also the most unemployable

population as it lacks work skills that can make it employable.

According to a survey conducted by FICCI-Ernst & Young Paper, even though over 40

million people are registered in employment exchanges, only 0.2 million get jobs annually.Even startling is the fact that about 80% of the Indian workforce does not possess identifiable

marketable skills. Equally sad is the fact that the school dropout rate in India touches 56.8%

by the time students reach the qualifying examination at the 10th standard which further leads

to unemployability.

The survey found that only 25% of the Indian professionals are considered employable by

multinationals and the difficulty of employers in India to fill job vacancies has increased to

67%in 2011 compared with 16% in last year.

It is estimated that over 75% of the new jobs to be created in India will be skill -based.

While the countrys overall supply of highly skilled labour marginally exceeds demand, thereis a shortage of adequately qualified (or employable) people. The study said this was

primarily due to the fact that the Indian training institutions are heterogeneous in nature

varying in quality of education and training provided by them.

There is also lack of focus on development of skills pertaining to the specific requirement of

employers. And, there is non-recognition of the value of skilled workers by employers,

particularly in the small enterprise sectors.

The report said India has many lessons to learn from international practices. Germany has

75% and the UK has 68% skilled work force compared to India which account for only 2%. Itsaid, thus, far-reaching and deep rooted reforms were needed to emulate countries whose

vocational education and training systems has been successful.

Last year, another study by FICCI had pointed out that fresh graduates who posses soft

skills and have vocational training besides the factual knowledge provided by certification

programs find jobs much more easily than to those who lack them. The survey had claimed

that there was a severe crunch of good manpower in the corporate sector and only 30%

employers and top bosses expressed satisfaction with the new graduates they had hired

indicating fresh graduates needed to posses more than just a degree.

60%of Indias 1.2 billion people are in the working age group. However, only 10% of the300 million children in India between the age of 6 and 16 will pass school and go beyond.
http://www.dnaindia.com/india/report_india-has-the-most-unemployable-population-report_1587604http://www.dnaindia.com/india/report_india-has-the-most-unemployable-population-report_1587604http://www.dnaindia.com/india/report_india-has-the-most-unemployable-population-report_1587604http://www.dnaindia.com/http://www.dnaindia.com/india/report_india-has-the-most-unemployable-population-report_1587604http://www.dnaindia.com/india/report_india-has-the-most-unemployable-population-report_1587604


6/18

Only 5%of Indias labour force in the age group 19-24 years is estimated to have acquired

formal training, said S. Ramadorai, advisor to the Prime Minister in National Skill

Development Council.

Understanding the issues, the government has already started reworking its vocational

education framework to be more competitive and acceptable to the world market. HumanResource Development Minister Kapil Sibal said that since there was an acute shortage of

labour at Tier 2 and Tier 3. It is anticipated that by 2020, about 220 million students will pass

out from school, out of which, about 150 million will not enroll for college education.

This young talent needs to be motivated for vocational education, Sibal said.

4.) Indian Express - Govt mulling credit linkages for creation of skilled workforce:http://www.indianexpress.com/news/Govt-mulling-credit-linkages-for-creation-of-skilled-

workforce/847178/

Govt mulling credit linkages for creation of skilled

workforce

To give a boost to vocational training, Government is contemplating extending credit

linkages for creation of a pool of skilled workforce.

"By giving access to funds, more people will be encouraged to skill themselves, hence we are

working towards credit funding being enabled for vocation training," said adviser to the

Prime Minister Skill Development Council S Ramadorai. He said the 40 per cent per annum

jump in education loan business "strengthens" the case for credit funding of skill training.

At present, education loans are available for certain courses, but the feedback is that banks donot lend unless there is collateral, which effectively rules our credit to BPL families, he said

while talking of the Government's move. Ramadorai was speaking at the fourth skill summit

organised by FICCI.

Talking about states of Uttar Pradesh, Bihar, Madhya Pradesh, Rajathan, West Bengal an

Orissa with high rural population, he asked experts in the vocational training field to "reach

out their efforts to these states". He also stressed on synergising all efforts by different

ministries on vocational training aspect, saying the involvement of large number of players is

leading to considerable "duplication".

"Skill development efforts have certainly gone up with 17 ministries in Central Government,

NGOs, vocational training providers, state governments and industry captives being involved.
http://www.indianexpress.com/news/Govt-mulling-credit-linkages-for-creation-of-skilled-workforce/847178/http://www.indianexpress.com/news/Govt-mulling-credit-linkages-for-creation-of-skilled-workforce/847178/http://www.indianexpress.com/news/Govt-mulling-credit-linkages-for-creation-of-skilled-workforce/847178/http://www.indianexpress.com/http://www.indianexpress.com/news/Govt-mulling-credit-linkages-for-creation-of-skilled-workforce/847178/http://www.indianexpress.com/news/Govt-mulling-credit-linkages-for-creation-of-skilled-workforce/847178/


7/18

"However there is a considerable duplication and the cart is being pulled in different

directions, slowing us. If all forces are aligned in the same direction, nothing can stop us," he

said.

The Government intends to train 500 million Indians by 2022 mainly by fostering private

sector initiative in skill development programmes and providing viable gap funding.

Speaking on the occasion, German Ambassador to India Thomas Matussek said they are

offering various vocational training programmes to India including a "dual system"

programme which entails three day teaching in class room and three day in shop floor. The

training programme, he said, is targeted at all fields of vocational education. He said India

with its huge demographic profile should leverage on its demographic gains and be a source

of manpower requirement the world over.

5.) Economic Times - Govt mulling credit linkages for creation of skilled workforce:http://articles.economictimes.indiatimes.com/2011-09-15/news/30160383_1_vocational-

training-skill-development-skilled-workforce

PTI Sep 15, 2011, 03.37pm IST

NEW DELHI: To give a boost to vocational training, Government is contemplating

extending credit linkages for creation of a pool of skilled workforce.

"By giving access to funds, more people will be encouraged to skill themselves, hence we areworking towards credit funding being enabled for vocation training," said adviser to the

Prime Minister Skill Development Council S Ramadorai.

He said the 40 per cent per annum jump in education loan business "strengthens" the case for

credit funding of skill training.

At present, education loans are available for certain courses, but the feedback is that banks do

not lend unless there is collateral, which effectively rules our credit to BPL families, he said

while talking of the Government's move.

Ramadorai was speaking at the fourth skill summit organised by FICCI here.

Talking about states of Uttar Pradesh, Bihar, Madhya Pradesh, Rajasthan, West Bengal and

Orissa with high rural population, he asked experts in the vocational training field to "reach

out their efforts to these states".

He also stressed on synergising all efforts by different ministries on vocational training

aspect, saying the involvement of large number of players is leading to considerable

"duplication".

"Skill development efforts have certainly gone up with 17 ministries in Central Government,NGOs, vocational training providers, state governments and industry captives being involved.
http://articles.economictimes.indiatimes.com/2011-09-15/news/30160383_1_vocational-training-skill-development-skilled-workforcehttp://articles.economictimes.indiatimes.com/2011-09-15/news/30160383_1_vocational-training-skill-development-skilled-workforcehttp://articles.economictimes.indiatimes.com/2011-09-15/news/30160383_1_vocational-training-skill-development-skilled-workforcehttp://economictimes.indiatimes.com/http://articles.economictimes.indiatimes.com/2011-09-15/news/30160383_1_vocational-training-skill-development-skilled-workforcehttp://articles.economictimes.indiatimes.com/2011-09-15/news/30160383_1_vocational-training-skill-development-skilled-workforce


8/18



said.


sector intiative in skill development programmes and providing viable gap funding.



programme which entails three day teaching in class room and three day in shop floor.

The training programme, he said, is targeted at all fields of vocational education.

He said India with its huge demographic profile should leverage on its demographic gains

and be a source of manpower requirment the worldover.

The Government intends to train 500 million Indians by 2022 mainly by fostering privatesector intiative in skill development programmes and providing viable gap funding.



programme which entails three day teaching in class room and three day in shop floor.

6.) Financial Express - Govt mulling credit linkages for creation of skilled workforce:http://www.financialexpress.com/news/govt-mulling-credit-linkages-for-creation-of-skilled-workforce/847178/

Posted: Thursday, Sep 15, 2011 at 1720 hrs IST

New Delhi: To give a boost to vocational training, Government is contemplating extending

credit linkages for creation of a pool of skilled workforce.

"By giving access to funds, more people will be encouraged to skill themselves, hence we are

working towards credit funding being enabled for vocation training," said adviser to the

Prime Minister Skill Development Council S Ramadorai. He said the 40 per cent per annum

jump in education loan business "strengthens" the case for credit funding of skill training.

At present, education loans are available for certain courses, but the feedback is that banks do

not lend unless there is collateral, which effectively rules our credit to BPL families, he said

while talking of the Government's move. Ramadorai was speaking at the fourth skill summit

organised by FICCI.

Talking about states of Uttar Pradesh, Bihar, Madhya Pradesh, Rajathan, West Bengal anOrissa with high rural population, he asked experts in the vocational training field to "reach
http://www.financialexpress.com/news/govt-mulling-credit-linkages-for-creation-of-skilled-workforce/847178/http://www.financialexpress.com/news/govt-mulling-credit-linkages-for-creation-of-skilled-workforce/847178/http://www.financialexpress.com/news/govt-mulling-credit-linkages-for-creation-of-skilled-workforce/847178/http://www.financialexpress.com/http://www.financialexpress.com/news/govt-mulling-credit-linkages-for-creation-of-skilled-workforce/847178/http://www.financialexpress.com/news/govt-mulling-credit-linkages-for-creation-of-skilled-workforce/847178/


9/18

out their efforts to these states". He also stressed on synergising all efforts by different

ministries on vocational training aspect, saying the involvement of large number of players is

leading to considerable "duplication".

"Skill development efforts have certainly gone up with 17 ministries in Central Government,

NGOs, vocational training providers, state governments and industry captives being involved.



said.


sector initiative in skill development programmes and providing viable gap funding.



programme which entails three day teaching in class room and three day in shop floor. The

training programme, he said, is targeted at all fields of vocational education. He said Indiawith its huge demographic profile should leverage on its demographic gains and be a source

of manpower requirement the worldover.

7.) Times of India - UK skills providers eye India to its young workforce:http://articles.timesofindia.indiatimes.com/2011-09-14/other-news/30153473_1_uk-

trade-investment-young-workforce-city-guilds

PTI Sep 14, 2011, 01.17pm IST

LONDON: A delegation of over 60 UK skills providers are exploring opportunities to strike

partnerships in India, which is looking at converting its young population into trained

workforce to sustain phenomenal economic growth.

The delegation, led by the UK India Business Council (UKIBC), brings in a range of skills

and education providers including, A4e, City of Westminster College, Tribal, Edexcel, City

& Guilds and Hull College.

The delegates, including senior government officials and skills providers will participate in

an interactive seminar, being jointly organised by UKIBC and Federation of Indian Chambers

of Commerce and Industry (Ficci) along with the British Council, UK India Education and

Research Initiative (UKIERI) and UK Trade & Investment (UKTI).

The delegates will attend the 4th Global Skills Summit organised by Ficci in Delhi and also

visit Kolkata.

The UK is the partner country for the summit and David Blunkett, MP for Sheffield

Brightside and Hillsborough will address the inaugural session.
http://articles.timesofindia.indiatimes.com/2011-09-14/other-news/30153473_1_uk-trade-investment-young-workforce-city-guildshttp://articles.timesofindia.indiatimes.com/2011-09-14/other-news/30153473_1_uk-trade-investment-young-workforce-city-guildshttp://articles.timesofindia.indiatimes.com/2011-09-14/other-news/30153473_1_uk-trade-investment-young-workforce-city-guildshttp://timesofindia.indiatimes.com/http://articles.timesofindia.indiatimes.com/2011-09-14/other-news/30153473_1_uk-trade-investment-young-workforce-city-guildshttp://articles.timesofindia.indiatimes.com/2011-09-14/other-news/30153473_1_uk-trade-investment-young-workforce-city-guilds


10/18

"India has acknowledged its need to convert its young population into a skilled, trained

workforce to continue its phenomenal economic growth," Blunkett said, adding, "The UK has

a strong competitive advantage in the education and skills sector, and is capable of world

class skills provision."

UKIBC CEO Richard Heald said, "The UK has an internationally recognised competitiveadvantage in skills provision. The shared history, language and culture between the two

countries should mean that the UK is regarded as the partner of choice to drive forward the

skills agenda in India".

8.) Business Wire India news : Ramadorai calls for Larger Role for Sector Skills Councilsat FICCI Global Skills Submit

http://www.businesswireindia.com/PressRelease.asp?b2mid=28270

Monday, September 19, 2011 03:47 PM IST (10:17 AM GMT)

Quality, quantity, relevance, systemic reforms and efficient delivery mechanisms are the keyissues for India to tackle if it aspires to create 500 million skilled people by 2022. Speaking

in the inaugural session of the 4th Global Skills Summit organized by FICCI, Mr Sharda

Prasad, Director General of Employment & Training(DG&ET), Ministry of Labourand Employment, Government of India, stated that in the last few years skill development

has moved to the centrestage of the national agenda. From a predominantly governments

goal, the skill development is now increasingly being driven by the private sector.

It is now universally recognized that a nations economic strength and growth squarely rests

on the skills and the knowledge base of its human resources. In the case of India, Mr. S

Ramadorai, Advisor, Prime Ministers National Skill Development Council, stated that

93 per cent of the Indian workforce is in the unorganized sector with no formal training.

There is a critical need to upgrade the skills of the workforce in order to maintain and

strengthen the Indian growth. He emphasized the need to impart bankable skills to the

people, citing the case of the Germany which is doing well compared to the highly depressed

economies of the Eurozone, primarily because of its skilled work force.

India stands at the cusp of being the Skill Center of the World. This is because a skilled

workforce would not only to fuel Indias growth but also to meet the emerging workforce

demand in the western nations with aging population. The country has made significant

progress in this regard, he said. The number of Industrial Training Institutes (ITI) has

increased from about 5000 in 2006-07 to around 9500. The training capacity too hasincreased from about 2.5 million in 2006-07 to around 5 million per annum. All this has
http://www.businesswireindia.com/PressRelease.asp?b2mid=28270http://www.businesswireindia.com/PressRelease.asp?b2mid=28270


11/18

resulted in job placements to nearly 80-90 per cent of ITI graduates as opposed to around 35

per cent in 2003.

However, the country still needs to gear up for the internal challenges like inconsistency in

infrastructure and delivery mechanisms, and a larger role for sector skills councils. In order

to meet the 500 million skilled people target by 2022, the country needs a training capacity of40 million per annum, which is eight times the current capacity. The country also needs to

introduce systemic reforms like anchoring a credible labour market information system

whereby both the industrial requirements and skill inventory would be available in real time.

9.) Business Wire India news : FICCI-E&Y Paper Calls for Focus on Improving Quality,Building a brand and Spreading Awareness, enhancing accessibility and Increasing

Affordability



-- MNCs find only 25% of Indias professionals employable

-- School dropout rate as high at 57%

-- Employers face huge difficulty in filling skilled job vacancies

For a robust and quality vocational and training framework

Even as Indias young and large population is being touted a huge demographic

dividend, the country is saddled 98 per cent of its work force lacking in skills to

enable them to get jobs.

The facts are chilling: Over 40 million people are registered in employment

exchanges but only 0.2 million get jobs annually; approximately 80 per cent of the

workforce in rural and urban India does not possess any identifiable marketable skills;

the school dropout rate, is as high as 56.8 per cent by the time students reach the

qualifying examination at the 10th standard; only 25 per cent of the countrys

professionals are considered employable by multinationals and the difficulty of

employers in India to fill job vacancies has increased to 67 per cent in 2011 compared

with 16 per cent in the previous year.
http://www.businesswireindia.com/PressRelease.asp?b2mid=28268http://www.businesswireindia.com/PressRelease.asp?b2mid=28268http://www.businesswireindia.com/PressRelease.asp?b2mid=28268


12/18

These portents have been sounded out by a FICCI-Ernst & Young Paper on Strategic

and implementation framework for skill development in India which was released

here today at the 4th Global Skills Summit 2011, organized by FICCI and the Union

Ministry of Labour and Employment.

The paper notes that more than 75 per cent of the new job opportunities to be created

in India will be skill-based While the countrys overall supply of highly skilled labor

marginally exceeds demand, there is a shortage of adequately qualified (or

employable) people.

This is primarily due to three reasons:

-- Heterogeneous nature of universities or training institutions, with varying

infrastructure, capabilities and facilities, as well as the quality of education and

training provided by them

-- Lack of focus on development of skills pertaining to the specific requirement of

employers

-- Non-recognition of the value of skilled workers by employers, particularly in the

informal and small enterprise sectors

Realizing the significance and need for skilled manpower, private sector entities are

taking several initiatives to contribute effectively to the Governments endeavors.

Across business sectors, companies and industry associations are not only boosting

their in-house training facilities, but are also taking steps to make potential employees

job-ready before they join organizations.

However, to make this exercise a success, India has many lessons to learn and

implement from international practices -as compared to 75 per cent of Germanys and

68 per cent of the UKs skilled work force, India accounts for account for 2 per cent.

Therefore, far-reaching and deep rooted reforms are urgently needed if it wants to

emulate countries, whose vocational education and training systems has been

successful.

According to S Ramadorai, Advisor to the Prime Minister in National Skill

Development Council, 60 per cent of Indias 1.2 billion people are in the working

age group. However, only 10 per cent of the 300 million children in India between the

age of 6 and 16 willpass school and go beyond. Only 5 per cent of Indias labor force

in the age group 19-24 years is estimated to have acquired formal training. Despite

this, our economy is clocking an 8.5% growth. Imagine what could be if we could

leverage our demographic dividend fully.

FICCI recognizes that skills development is an imperative for achieving Indias

ambitious socioeconomic growth targets. FICCI is committed to working with the

stakeholders, especially the industry, government and academia to create sustainable


13/18

and scalable skills training modules which will benefit the youth of the country from

all sections of society.

When the world is struggling with rightly skilled people for sustained economic

growth, India is well poised to provide large share of such resources, besides meetingits own demand. This can be achieved only if adequate measures for regulation,

monitoring and institutional delivery are taken care of and acted upon in next 5

years", says Abhaya Agarwal, Executive Director & PPP Leader, Ernst & Young.

The FICCI- E&Y paper calls for a robust, quality vocational and training framework

in the country through a four-pronged approach that aims at improving quality,

building a brand and spreading awareness, enhancing accessibility and increasing

affordability. It recommends the following:

Improving quality

-- Quality training of faculty with industry participation:

-- Adopting flexible teaching methodology, facilitating movement of faculty to

industry and industry personnel to institutions

-- Designing fellowship programs for faculty

-- Upgrading faculty with current and upcoming trades and technologies

-- Development of curriculum with focus on IT:

-- Increasing usage of computer-aided programs in curricula

-- Laying enhanced focus on imparting practical on-the-job training through

computers-- Linking curricula to practical industry experience using IT platforms

-- Promoting prototype equipment and delivery structures (using IT)

-- Promotion of PPP model for infrastructure development:

-- Promoting profit-making corporate model in the system to attract investments

-- Easing regulatory hurdles and providing single-window clearance to private players

-- Outsourcing short-term courses to organizations

-- Establishment of robust certification and standard setting mechanism:

-- Setting up nationally recognized qualification framework to create a credible

system of certification to ensure that skills are portable and recognized across sectors,

industries, enterprises and educational institutions

-- Industry collaborating with the Government to establish

an appropriate certification mechanism

Building a brand and spreading awareness

-- Mass awareness and promotional campaigns of vocational education and training

systems:

-- Establishing information centers in which comprehensive information on vocational

education and training is provided

-- Launching advertising and publicity campaigns to build brands and change peoples

attitude to vocational education and training


14/18

-- Skill development centers set up in universities:

-- Setting up skill development centers in universities to

revive brands and increase their visibility

Enhancing accessibility-- Adoption of a flexible system:

-- Providing option to move from vocational training to higher education, and vice

versa

-- Allowing credit for the number of years spent by an ITI student in training while

seeking admission to a university

Integration of vocational education at the school level:

-- Imparting basic technical skills at the school level

-- Conducting special reorientation classes for school dropouts through professional

career counseling

Disadvantaged groups and backward regions:

-- Designing special courses for people in remote areas and economically backward

classes of society

Increasing affordability

-- Short duration courses with affordable fee structure:

-- Providing short-term informal training at nominal fees

-- Incentives to private training providers:

-- Giving incentives such as tax breaks to private players to keep the cost of training

low-- Availability of easy loans:

-- Making available easy banks loans at low interest rates for self-employment

-- Providing loans with income-contingent repayment Clause

10.)Business Wire India news : Germany, India deepen cooperation in Skills

Development



German participation at 4th Global Skills Summit in New Delhi
http://www.businesswireindia.com/PressRelease.asp?b2mid=28269http://www.businesswireindia.com/PressRelease.asp?b2mid=28269http://www.businesswireindia.com/PressRelease.asp?b2mid=28269


15/18

Vocational training is a key area in the Indo-German bilateral collaboration. With a

view to further expand the cooperation in this field; Germany is participating at the

4th Global Skills Summit on 15th and 16th September in New Delhi.

The event is being organized by Federation of Indian chambers of Commerce andIndustry (FICCI) in collaboration with the Indian Ministry of Labour & Employment.

The event serves as a central platform for international dialogue on the modernization

of vocational education and training (VET) in India. The theme of this years summit

is Vocational Education & Training: Developing Strategic and Implementation

Framework.

In his address at the summit, German Ambassador Thomas Matussek said, The

difficult task of reforming the skill development sector can only be tackled by the

joint effort of many players, and the summit provides a great platform to exchange

ideas and start initiatives.

Ambassador Matussek added, The National Skill Development initiative is a massive

operation and Germany in a committed, strategic partner. For instance, the Indo-

German Working Group on Vocational Education and Training cooperates closely.

We are glad to bring in our long tradition and expertise in skill development to the

table.

The 4th Global Skill Summit brings the educational institutions, training providers

and enterprises under one umbrella and provides an opportunity to establish fruitfulIndo-German partnerships andbusiness relations. At the Skill Summit, Germanys

International Marketing of Vocational Education (iMOVE) is also organizing the

German participation in two panel sessions-on structuring sector Skill Councils and

on key initiatives in Germany. Additional training will also be presented. India and

Germany have already seen some successes in this field. Some of these examples will

also be highlighted by iMOVE.

Ahead of the Summit, on 14th September, iMOVE and FICCI jointly organized a

special India-Germany workshop titled German Vocational Education & Training in

specific sectors-lessons for the formation of Sector Skills Councils in India. With its

strong emphasis on employability, Training-Made in Germany can support the

ongoing reform process of the Indian training system.

As India moves rapidly towards achieving ambitious economic and social targets,

engaging human resources for skills development will be critical for ensuring success

as a knowledge economy. The challenge also magnifies for India due to

unprecedented issues of scalability and multiple challenges in implementation. It is

projected that 500 mil;l;ion people will require training to join Indias workforce by

2022. In the past few years, India has seen a surge in the number of initiatives from

both government and industry to tackle the massive skills challenge.


16/18

In May 2011, Chancellor Angela Merkel and Prime Minister Manmohan Singh held

the first Indo-German intergovernmental consultations in New Delhi. During her visit,

VET featured as a core area of discussion. Germany and India also signed three MoUs

in this sector. The first one was signed by German Minister of Education andResearch.

Annette Schaven and Indian Minister of Labour and Employment Mallikarjun

Kharge, covering a broad range of policy issues. The second one was signed between

iMOVE and National Skill Development Corporation to cooperate in setting up

Sector Skill Councils and training of trainers. And thirdly, a framework agreement

was signed between the Rhine-Main chamber of Crafts and Trades and the Indian

partner IL&FS (Infrastructure Leasing & Financial Services) to build 100 training

establishments on the Delhi-Mumbai industrial corridor.

iMOVE is an initiative of the German Federal Ministry of Education and Research. It

promotes international cooperation and supports the initiation of collaborations and

business relations in vocational training and continuing education.

11.) Economic Times: Business bodies; catalysts to INDO-GERMAN TRADE FUTURE


17/18

12.) Economic Times: Plan on Mandatory Hiring of Trainees Shot Down


18/18

News disseminated to leading media organizations

in partnership with Business Wire India:

Media Coverage of 4th Global Skills Summit 15 - 16th Sep 2011

Documents

Transcript of Media Coverage of 4th Global Skills Summit 15 - 16th Sep 2011