Skilling plan laudable, but needs clarity: Biz leaders
Business Standard|July 26, 2024
While praising the internship scheme announced in the Budget, India Inc wants clarity on how it will be implemented.
DEV CHATTERJEE, SHIVANI SHINDE, AMRITHA PILLAY & SHINE JACOB
Skilling plan laudable, but needs clarity: Biz leaders

The scheme is expected to help companies address the skill gap in employment.

Dheeraj Hinduja, chairman, auto major Ashok Leyland, said: "We had started an internship programme at our plant in Pantnagar, which we established in 2010 with colleges there. The government has left it to each company to see how it can support the programme. The scheme should support students in finding jobs. Our support in the programme continues in Pantnagar."

Ramesh Alluri Reddy, chief executive officer (CEO), TeamLease Degree Apprenticeship, said the Budget's emphasis on skill development and job creation was commendable.

But the scheme requires clarity. The lack of detailed provisions on qualifications and procedural guidelines could impede its rollout and compliance. For instance, the definition of a "premier institution" remains nebulous.

This vagueness could lead to disparate interpretations and distorted implementation. Additionally, the age bracket of 21-24 lacks specificity regarding employment status and economic conditions, he said.

Sanjay Nayar, Assocham, and former CEO, KKR & Co's India unit, said: "Industry is poised to benefit from the scheme...

هذه القصة مأخوذة من طبعة July 26, 2024 من Business Standard.

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هذه القصة مأخوذة من طبعة July 26, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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