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Paper 3: Notebook: Reports Created: 11/18/2016 11:41 AM Updated: 11/28/2016 10:08 PM Author: Url

The document summarizes key findings from several reports on India's workforce and skill development: - Only 5% of young people aged 20-24 have obtained vocational skills through formal training according to the India Skills Report 2016. - There is limited granular data on branchless banking outlets and agent activity levels according to RBI and CGAP reports. - India's present skilled workforce is only 2% according to a 2014 Labour Bureau report, much lower than developing countries where the number receiving skills is 6.8%. - Swiss bank liabilities towards India in 2010 were Rs 7,924 crore according to a government white paper on black money.

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85 views2 pages

Paper 3: Notebook: Reports Created: 11/18/2016 11:41 AM Updated: 11/28/2016 10:08 PM Author: Url

The document summarizes key findings from several reports on India's workforce and skill development: - Only 5% of young people aged 20-24 have obtained vocational skills through formal training according to the India Skills Report 2016. - There is limited granular data on branchless banking outlets and agent activity levels according to RBI and CGAP reports. - India's present skilled workforce is only 2% according to a 2014 Labour Bureau report, much lower than developing countries where the number receiving skills is 6.8%. - Swiss bank liabilities towards India in 2010 were Rs 7,924 crore according to a government white paper on black money.

Uploaded by

AnuragKumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd

paper 3

No t e b o o k:
Cre at e d :
A u t h o r:

reports
11/18/2016 11:41 AM
[email protected]

URL:

http://articles.economictimes.indiatimes.com/2015-02-27/news/59585147_1_national-skill-

Up d at e d :

11/28/2016 10:08 PM

paper 3

India Skills Report


2016 shows the stark reality that still only 5% of young people aged 20-24 have obtained
vocational skills through a formal training system.
Reserve Bank of India (RBI) Annual Report, 2014-15, stated that there are 504,142
branchless banking outlets in villages, with no granular information regarding
location details, activity levels, etc.
CGAP's "National Survey of Banking Agents, 2013" and "The Curious Case of Missing
Agents in Rural India", MicroSave, January 2014 showed that data on agents, as
reported by SLBCs, often did not match data from on the ground

Labour Bureau Report 2014, the present skilled workforce in India is only 2 %, which is
much lower when compared to the developing nations and that the number persons
aged 15 years who have received or be receiving skills is merely 6.8 percent.
. According
to the Government of Indias white paper on black money, in 2010, liabilities in Swiss Banks towards
India were
Rs 7,924 crore

India Skills Report


2016 shows the stark reality that still only 5% of young people aged 20-24 have obtained
vocational skills through a formal training system.

allowing for civic infrastructure such as

hospitals, schools and roads. In fact, in 2012, a government panel headed by Vijay Kelkar
recommended monetizing surplus government land from port trusts, railways and PSUs as the
ideal solution to Indias urban problems. The S.K. Roongta committee constituted by the Planning
Commission also proposed this.

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