New Delhi, July 9: “India would be needing more than 70 lakh skilled manpower in coming months due to unleashing of economy. More than 62 percent of India’s population is young and it is Prime Minister’s vision to make India as one of the largest skilled economy in the world,” said Union Minister for Skill Development and Entrepreneurship Dr. Mahendra Nath Pandey at the 18th Annual Convocation Ceremony of VLCC Institute of Beauty and Nutrition.
The Minister added that apart from the regular 6000 employees, VLCC has given employment to more than 2 lakh youths in the last couple of years. He underlined that Beauty and Wellness business in India has a market potential of Rs. 80,000 crore and can provide employment opportunities to lakhs of people, as everyone craves for a healthy and beautiful life in modern era.
Dr. Pandey also pointed out that this skilling course is an important tool of women empowerment as the students after training can set up wellness and beauty centres by availing easy loans like Mudra and can also motivate others for such gainful employment opportunities. He said that the National Skill Development Mission has been steadily making progress and nearly one crore youth are being presently imparted skills training annually under various programs of the government through the mission.
The Minister ensured that India is a young nation and a skilled workforce will be able to cater to not only the market demand within the country but also the global market. He reiterated the ambitious projects of the Government of India and their successful journey towards completion.