Skill Development in Unorganised Sector in Indian Economy

Dr. Prashant H. Bhagat

Abstract: Skill Development has been accorded an important place in the National economy by the national decision makers. Skills and skill development is an essential component of all efforts in this challenging area. Too many workers are simply unprepared to meet the needs of firms, particularly in more competitive economic environment. Systems to provide training are often plagued by weak governance and poor incentives that make them unreliable or ineffective. However, the problem is often more complex. In India, education system is not providing basic skill that makes them trainable. Rigid labour market reduces the mobility and makes it difficult for workers to find jobs and for firms to find right workers. In this context, it is indispensable to focus study on skill development in unorganized sector of the Indian Economy. The researcher has studied the different aspect of policy design which influences the incentives of individuals and firms to invest in skills and shape those of training providers to deliver effective and responsive services. Further the study has attempted to deliberate and find the solutions for effective implementation of the suggestions given in the study which is considered as a significant pragmatic approach of the study.

Keywords: Skill, Skill Developments, Unorganised workers, Government.

Title: Skill Development in Unorganised Sector in Indian Economy

Author: Dr. Prashant H. Bhagat

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Research Publish Journals

Vol. 6, Issue 1, April 2018 – September 2018

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Skill Development in Unorganised Sector in Indian Economy by Dr. Prashant H. Bhagat