ENA Economy 2026-01-23 17:41:45 <p><span style="font-size:14px"><strong>New Delhi, Jan 23 (KNN)</strong> The Ministry of Skill Development and Entrepreneurship (MSDE) on Thursday signed a Memorandum of Understanding (MoU) with the World Economic Forum (WEF) to strengthen cooperation in skill development and technical and vocational education and training (TVET).</span></p> <p><span style="font-size:14px">The agreement aims to align Indias skilling ecosystem more closely with industry needs and global labour market trends.</span></p> <p><span style="font-size:14px">Under the MoU, MSDE and WEF will launch a Skills Accelerator in India &mdash; a multistakeholder platform to identify, scale and fast-track innovative solutions and public private partnerships to address key workforce skill gaps.</span></p> <p><strong><span style="font-size:14px">Focus on Industry-Aligned Skilling</span></strong></p> <p><span style="font-size:14px">The ministry said the Skills Accelerator will support reforms in TVET by strengthening links between skilling programmes, industry demand and the evolving global economy. It will promote lifelong learning, upskilling and reskilling, flexible curricula, integration of vocational and higher education pathways, and mutual recognition of qualifications.</span></p> <p><span style="font-size:14px">The initiative will work with higher education institutions, vocational training providers and regulators such as AICTE and UGC to support implementation and scaling.</span></p> <p><strong><span style="font-size:14px">Emerging Skills and Global Linkages</span></strong></p> <p><span style="font-size:14px">The Skills Accelerator will focus on future-oriented sectors such as AI, robotics, green energy, cybersecurity and advanced manufacturing. It will also promote innovative skilling finance models, improve coordination among stakeholders, and analyse global demand trends to enhance international employability.</span></p> <p><span style="font-size:14px">Implementation will follow a structured governance framework, with MSDE providing strategic direction, coordination and impact monitoring. </span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 44882 https://knnindia.co.in/news/newsdetails/economy/govt-signs-mou-with-world-economic-forum-to-launch-skills-accelerator-in-india 2026-01-23 17:41:45 knnindia.co.in