How the Private Sector Develops Skills: Lessons from India

How the Private Sector Develops Skills: Lessons from India
Title How the Private Sector Develops Skills: Lessons from India PDF eBook
Author United Nations Development Programme (UNDP) Istanbul International Center for Private Sector in Development (IICPSD)
Publisher United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)
Pages 102
Release 2017-01-01
Genre Business & Economics
ISBN

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More young people live in India than in any other country and their numbers are projected to increase for decades to come. More than 12 million enter the workforce each year yet few have the skills required for employment. The Government of India has set a target to skill 400 million people by 2022 and established the National Skill Development Corporation (NSDC) as part of this mission. Through NSDC, government is engaged with private sector partners to advance strategic approaches in skills development by creating public-private partnerships with companies involved in skill training. This is at the centre of a skills business “ecosystem” in India through which all players interact to produce a positive, productive system to skill millions. Momentum for the skills development movement comes not only from the urgent need to provide livelihoods for youth but also from the need to act before a window of opportunity closes. The “youth bulge” in India’s population is poised to deliver a demographic dividend, a transformational boost in economic productivity associated with growing numbers in the workforce relative to dependents. Only through investing in up-to-date education, health and decent work for youth can India harness this dividend. India requires skills to sustain its rapid economic growth, to integrate its large working-age population into the economy in an inclusive and sustainable manner and, ultimately, India needs skills in order to become a global supplier of human resources. This study focuses on 12 skills delivery initiatives led by the private sector and carried out to support the national skills mission of the Government of India. The objective of this study is to generate lessons from India’s experience in skilling, namely to identify and analyse impactful business models and their practices and innovations, to highlight challenges, and to provide insights on how the private sector could contribute even more to skills acquisition and employability.

Best Practices Guidelines and Toolkit on Engaging the Private Sector in Skills Development

Best Practices Guidelines and Toolkit on Engaging the Private Sector in Skills Development
Title Best Practices Guidelines and Toolkit on Engaging the Private Sector in Skills Development PDF eBook
Author United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)
Publisher United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD) and Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC)
Pages 248
Release 2017-01-01
Genre Business & Economics
ISBN

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"Best Practices Guidelines and Toolkit on Engaging the Private Sector in Skills Development”, jointly developed by UNDP IICPSD and Statistical, Economic and Social Research and Training Centre for Islamic Countries(SESRIC), will inspire, motivate and mobilize the private sector for its active engagement in skills training for employment. The guidelines and toolkit will help stakeholders to collaborate more closely with companies, chambers of commerce and business associations. It outlines how the private sector could contribute to the employability of individuals through providing labour market signals, improving technical and practical skills acquisition, integrating industry know-how and expertise to every step of the trainings and help link skills to placement opportunities. These will ensure that disadvantaged youth, women and other marginalized groups are ready to enter the labour force with possessing the right skills they need to thrive. The 2030 Agenda for Sustainable Development highlights the importance of skills and lifelong learning not only to make individuals competitive in the labour market but also to empower people. Sustainable Development Goal (SDG) 4 reminds us that inclusive, quality education is critical for human development. SDG 8 reminds us that decent work and economic growth can only be achieved through productive capacities. The relationship between skills and employability is fundamental to the success of the SDGs — from eradicating poverty to achieving gender equality to empowering women and girls. Bridging the skills mismatch for greater employability will be a huge leap forward in achieving the SDGs. This publication guarantees to guide all stakeholders in the direction of improving the existing skills and reducing the skills mismatch for greater employability of the target groups. The Guidelines and Toolkit will complement existing UNDP work on sustainable employment and inclusive growth and augments the related efforts of other international organizations.

Gender Mainstreaming in Skills Development

Gender Mainstreaming in Skills Development
Title Gender Mainstreaming in Skills Development PDF eBook
Author United Nations Development Programme
Publisher United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)
Pages 98
Release 2019-10-23
Genre Business & Economics
ISBN

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Gender Mainstreaming in Skills Development: Guidance Paper and Tools aims to harness the transformative potential of gender mainstreaming in skills development by taking a holistic approach involving guidance and good practices at the policy, sector and implementation levels. The guide explores potential opportunities for gender mainstreaming in skills development in India – one of the world’s fastest-growing economies and home to a large youth population.

Skills Development for Inclusive and Sustainable Growth in Developing Asia-Pacific

Skills Development for Inclusive and Sustainable Growth in Developing Asia-Pacific
Title Skills Development for Inclusive and Sustainable Growth in Developing Asia-Pacific PDF eBook
Author Rupert Maclean
Publisher Springer
Pages 387
Release 2012-12-09
Genre Education
ISBN 9400759371

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Focusing on the Asia-Pacific region, which in recent years has been the engine of global economic growth , this volume surveys trends and prospects in technical and vocational education and training (TVET) with particular reference to achieving inclusive growth and the greening of economies. Underlying the increasing pressure for new models of TVET provision is the rapid pace of technological change, demand for a work force which is highly responsive to evolving needs and a transforming market place that calls for higher order skills and lifelong learning. The book proposes a re-engineered, modernized TVET system that fosters an innovative approach which enhances the employability of workers as well as the sustainability of their livelihoods. The book includes contributions from leading policy makers, researchers, and practitioners, including those in the private sector in analyzing and forecasting the most urgent priorities in skills development. The book argues for creative approaches to TVET design and delivery particularly with a view to improve job prospects , and meeting the goals of inclusion, sustainable development and social cohesion. Addressing issues such as the chronic mismatches between skills acquired and actual skills required in the work place, the volume proposes diversified approaches towards workforce development and partnerships with the private sector to improve the quality and relevance of skills development . The new imperatives created by ‘greening’ economies and responses required in skills development and training are addressed. Developing TVET is a high priority for governments in the Asia Pacific region as they seek to achieve long-term sustainable growth since the .continued success of their economic destinies depend on it. The volume also includes an emerging framework for skills development for inclusive and sustainable growth in the Asia and Pacific region.

Private Sector Development in an Emerging World

Private Sector Development in an Emerging World
Title Private Sector Development in an Emerging World PDF eBook
Author Diederik de Boer, Harald Sander, Katharina Friz, Antonella Anastasi
Publisher Walter de Gruyter GmbH & Co KG
Pages 235
Release 2023-10-17
Genre
ISBN 3111071669

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Business+ Philippines: Inclusive Business Awareness and Engagement Among Companies in the Philippines

Business+ Philippines: Inclusive Business Awareness and Engagement Among Companies in the Philippines
Title Business+ Philippines: Inclusive Business Awareness and Engagement Among Companies in the Philippines PDF eBook
Author United Nations Development Programme (UNDP) Philippines
Publisher United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)
Pages 80
Release
Genre Business & Economics
ISBN

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The report, Business+ Philippines, provides valuable insight about the level of inclusiveness among Philippine companies today. It presents the results of a baseline survey among Philippine companies to understand their current levels of awareness, knowledge, and engagement in Inclusive Business, and to determine challenges and opportunities for adopting Inclusive Business models in their operations. The Business+ study, conducted by the Philippine Board of Investments and UNDP Istanbul’s International Center for Private Sector in Development in partnership with the country’s most prominent business associations, involved 223 companies in the Philippines.

Private Participation in the Indian Power Sector

Private Participation in the Indian Power Sector
Title Private Participation in the Indian Power Sector PDF eBook
Author Mohua Mukherjee
Publisher World Bank Publications
Pages 185
Release 2014-10-21
Genre Business & Economics
ISBN 1464803404

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Massive private investment that complements public investment is needed to close the demand-supply gap and make reliable power available to all Indians. Government efforts have sought to attract private sector funding and management efficiency throughout the electricity value chain, adapting its strategy over time.