Nowadays, many countries have initiated skill development schemes and courses that focus on instilling the necessary attitudes, skills and knowledge into individuals guaranteeing timely growth and progress both of the economy and the individuals. They have come up with a holistic solution to the unemployment situation with an objective of creating skilled labor force. Altogether, these courses offer a range of services and programs that helps unemployed people become self-reliant and realize their career potential.
The major challenge of skill development initiatives is to address the needs of a huge and diverse population and disburse equally valuable skills and knowledge. Besides, it also endeavors to make people efficient and useful in the global labor market. Adequate skill development allows individuals to gain a strong foot hold in the vocational sector and avail lucrative opportunities in the job markets across the globe.
In its efforts of retraining unemployed people to have a sincere approach towards the development of market driven attitudes, skills and knowledge, most of the countries frequently engage in cooperative endeavors with various governmental and non-governmental bodies. For instance, in India, National Skills Development Corporation (NSDC) has mapped skill gaps in more than 20 sectors and is continuously working towards filling rest of the gaps.
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