As per Labour Bureau Report, 2014, the current size of India?s formally skilled workforce is only 2 percent. This apart, there is also the challenge of employability of large sections of conventionally educated youth. The Indian education system has been churning out brilliant minds but lacking in the skill set required for specific job. There is huge gap between the talent that is coming out of colleges and universities and its suitability in terms of scope and standards of employable skills.
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