Skill Development; A step forward to Competency Mapping; With Special reference to The National Mission for Skill Development

ABSTRACT India is continuously emerging as knowledge-based economy in the world. It has been possible because of its profusion of capable, competent and qualified human resource. Apart from it India has an added advantage of its “Demographic Dividend,” which can be further used to develop a skilled workforce in the coming scenario. Apart from categorical stress on the education and training & development exercises, still there are shortages of competent and skilled manpower which can meet the demands of today’s global economy. Hence, development has become the need of hour for the country’s global competiveness. Assessing the urgent necessity of skilled and competent manpower in the current scenario, the Indian Government is also dedicatedly striving not only to initiate but to achieve the formal/informal skill development of country’s working population through providing them vocational training education and other upcoming learning methods to make them competent and employable. KEY WORDS: Competent, Knowledge-based economy, Demographic Dividend.