Stressing that the NDA inherited a ‘depressive’ environment when it came to power 14 months ago, Union Finance Minister Arun Jaitley on Wednesday said the Skill India Mission will bring about a ‘huge change’.
“When we took over 14 months ago, in a somewhat sombre or depressive environment, and when we look back we see a huge change and the initiative that you (Prime Minister Modi) are launching today of skilling India is going to add to that huge change,” Arun Jaitley said at the launch of the Skill India Mission.
“It is a hard reality that India has surplus manpower…Do we now treat this surplus manpower and surplus population as a burden or a liability on Indian economy or do we convert it into a resource?” he added.
Jaitley further pointed out that in a global environment, where global growths are modest; India is standing as a relative bright spot.
“Even in somewhat a global environment, where global growths are modest, India is standing as a relative bright spot. Our services sector is almost touching a double digit growth,” the Finance Minister said.
“Hopefully with the kind of initiatives that we are pumping into the economy, from infrastructure to smart cities, to a lot of initiatives in agriculture, our manufacturing sector, with Make in India initiative, is also going to pick up. Signs of revival are almost visible,” he added.
Prime Minister Narendra Modi formally launched the “National Skill Development Mission” and unveiled the new “National Policy for Skill Development and Entrepreneurship 2015” today.