TEST SERIES 
Date : 21 Feb 2022
Positive Impact of Union Budget 2022 - Creating a Strong Industry-Skill Linkage
Tags :Why in News?
- It is imperative to prepare the ‘demographic dividend’ of the country as per the demands of the changing job roles”, said Prime Minister, Shri Narendra Modi while addressing a webinar on positive impact of Union Budget 2022 on the education and skill sector.
- During the webinar, to encourage participation in the skill ecosystem by enabling digital skills, a session was held on the theme — Towards Fostering Strong Industry-Skill Linkage by the Ministry of Skill Development and Entrepreneurship (MSDE) with participation from Department of promotion for Industry and Internal Trade (DPIIT) and Ministry of Tourism.
- In the current environment, from agriculture to service sector, the dynamics have completely changed. While the basic human needs remain the same, there is a rapid change in production, distribution, and consumption patterns.
- Therefore, it is pertinent that we promote soft skills, imbibe the culture of learning, and focus on multiskilling, as these initiatives will empower our youth and promote nation building,
- The Digital Ecosystem for Skilling and Livelihood (DESH-Stack e-portal) will remove information loss between stakeholders and resolve existing asymmetries.
- It is also critical that academia and industry work hand in hand as the pandemic has taught us that how existing skills can vanish overnight, and new job roles can evolve swiftly. Therefore, a culture of skills should be developed that builds the capabilities of our workforce and prepares them for the World of Work
- The initiative is a GIS-based spatial planning and analytical tool with 200+ layers, enabling better visibility to the executing agency.
- Under this, every department will now have the visibility of each other's activities providing critical data, bringing about more comprehensive planning and execution of projects. The data exchange among all mode operators will also be brought on the Unified Logistics Interface Platform (ULIP), designed for application programming interface (API), improving international competitiveness.
- This will bring about a sustainable development driven by seven engines – roads, railways, airports, ports, mass transport, waterways and logistics infrastructure.
- There is a need for dynamic skilling environment, exposure to industry requirements (reskilling, upskilling) and NSQF alignment with industry needs
- The Tourism sector was one of worst hit sectors during the pandemic but today, it is witnessing new opportunities in the form of wellness, adventure and medical tourism, homestays and more.
- Currently, more than 8.5% of the total employed are in the tourism and allied sectors.
- Drone Shakti will open new avenues for India’s youth as far as digital empowerment and digital technology for modern generation is concerned. Also, Gati Shakti will give us the opportunity for the placement of skilled labour,
- The pandemic has accelerated the usage of technology in our day-to-day life. Unprecedented interruptions which the industry and businesses have taught us the mantra of digital first.
- As we transition to a technology-powered future, we slowly realised that it is not only possible to separate employment, employability and education, but also there is a need to innovate at the intersection of education and skilling.
- To strengthen the skill ecosystem, we need to break down traditional barriers and be open to learning while earning, learning with flexible delivery and align it with qualification modularity.
