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Gross workforce need of India to touch 250 million by 2030

Updated: Nov 17, 2022 11:07:29am
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Gross workforce need of India to touch 250 million by 2030

New Delhi, Nov 17 (KNN) Projections show that India would require a gross incremental workforce of 250 million by 2030, said Dr Subhas Sarkar, Minister of State for Education on Thursday.

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Addressing the ‘17th FICCI Higher Education Summit 2022’ he said that India is expected to be the fastest growing economy touching a GDP of USD 10 trillion by 2030 and one of the youngest nations in the world with a median age of 32.

“The government is committed to transform India into a global education hub and attracting international students. Under the ‘Study in India’ program, the government proposes to attract international students from 35 focus countries,” he added.

He said that in the last few years, India has firmly established itself on the global radar, with countries across the world aiming for a strong and sustained presence here.

“Fundamentals of the Indian economy are strong and stable, and we are well on the path to development,” he added.

Highlighting the support from the private sector, he said we shall be able to successfully deliver on the challenges that lie ahead of us and steer the country towards greater heights and success.

The Minister urged industry and academia to create a lot of opportunities for common people in the field of education, skill development, and entrepreneurship so that it contributes towards to the vision of becoming Atmanirbhar Bharat.

Speaking on the National Education Policy (NEP) 2020, he added that the policy has laid down emphasis on creating a multidisciplinary education with an underlying focus on promoting liberal education across undergraduates.

Sanjiv Mehta, President, FICIC and CEO & MD, Hindustan Unilever Limited said that in the era of knowledge economy, the differentiator is going to be the talent and the way we use the knowledge. India has immense opportunities, and this is not only going to be India’s decade but it will be a decade and beyond, he added.

During the event FICCI-EY report – Higher Education in India: Vision 2047’ was also released. (KNN Bureau)

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