What is the need for Skill Development in India?

Skill development is a buzzword these days and every organization is focused to hire skilled employees or train them to get good skills prior to hands-on jobs. A skilled workforce is the need of the hour right now. 
So basically, what is skill development? What is the importance of skill development in India or any organization and how it is fueling the better growth of the future in India?

Nowadays the focus is excessively being drawn towards skill development, it is the skill that is getting people to obtain employment, globalization more so cares about skill development; 1st world countries are willing to relocate to a developing country on the note that it's brimming with talent and skill that matters in the NOW.
What makes a candidate skill enough is quite basic actually industry is in need of candidates that have in-demand skills and not the skills that have gone obsolete. Skills like internet marketing, cloud computing, data science is what matters the most right now.

What is Skill Development?

Skill development may be defined as an expression too:

    Improve your proficiency.
    Ability to perform work.
    Improve your skill sets.
    Able to complete a task with higher rates of success at the right time.
Today, any organization prefers skilled employees over others as they have good career growth and they benefit the organization in the same way with proficient working.

Skill Development is an important aspect. In the corporate world, skill is taking in regards to productivity and relevant output.

Why is Skill Development important for India?

There are millions of engineers graduating every year in India and when it comes to employability, only 20% of them are employable. India is more focused on train and skills in the workforce. A survey was conducted that found that only 25% of the Indian workforce has taken up a skill development program & India is in dire need of a greater number of skilled workforces.

Despite increasing literacy these days, most people are struggling for jobs. According to the WTO, World Trade Organization, the GDP level can increase up to 3%-5% in 2035, if India focuses on skill development centre and training.

Why is Skill Development important?

Skills are no longer a matter of choice. It has become mandatory to be skilled for a better future prospectus in the professional world. The main objective and mission of skill development are to:

Set up candidates that are geared up with the necessary skills and knowledge that will lead the projects to greater results.
Skilled employees will deliver optimum productivity and will have the ability to work productively.
This influences the growth and development of the company and contributes to the overall GDP of India.

Ever imagined a scenario where an unskilled software engineer takes a week to come up with an intuitive solution while a skilled software engineer takes only a few hours. This is the difference between skilled and unskilled labor.

It’s a waste of time and effort to perform a task with unskilled hands. This jeopardizes the growth of individuals in any organization.

How is Skill Development shaping the future of India?

The government is providing good opportunities to the youth as per their choice and requirement. This aims to increase the employability rate to at least 70% people. Skill awareness programs are a huge help in terms of helping people understand the importance of skill training initiatives and help to achieve more output.

Personal Development: Skill development enhances the proficiency of a person in any particular area. Skill enhances build a professional network, better communication, time management, and negotiation skills. 

Less number of Dropouts: One of the biggest issues in India is unemployment. Skill development of helping the students to process the basic skills required by employers today and direct a good direction towards their career.