New Delhi, Feb 2 (KNN) The launch of the PM Kaushal VikaasYoajna 4.0 in the Union Budget is a major step towards skilling the Indian youth in new age courses to make them ready for Industry 4.0, said the Automotive Skills Development Council (ASDC) on Wednesday.

Lauding the Union Budget, Arindam Lahiri, Chief Executive Officer of ASDC, said the PM Kaushal VikaasYoajna will emphasise on industry partnership and alignment of courses with industry needs.

“The establishment of 30 Skill Indian International Centres and the Skill India Digital Platform will provide our youth with international opportunities and access to formal skilling and entrepreneurship schemes,” he said.

ASDC pointed out that the direct benefit transfer under the pan-India national apprenticeship promotion scheme, providing stipend support to 47 lakh youths, will further enable them to grab the latest skill and job opportunities.

Lahiri highlighted that the skill development council has identified new areas of work, including electric vehicles, industry 4.0, sustainability, safety, and diagnostics, where we are not only providing entry-level curriculum but also exploring ways to upskill and reskill the existing workforce.

With the Economic Survey forecasting EV sales to touch 1 crore units by 2030, the skilled workforce in the automotive industry will play a crucial role. The importance of skilled individuals in this industry cannot be overstated, and PMKVY 4.0 will help our youth grab the latest skilled and job opportunities in this field, he added.

I am confident that these initiatives will transform the skilling landscape in India and provide our youth with the skills they need to succeed in the rapidly changing world of work.  (KNN Bureau)