Low literacy rate, lack of skill training, creating employment opportunities for millions of youth entering the work force annually and ensuring inclusive growth are some of the challenges that India faces in its transition to a knowledge based economy. Policies and programmes that ensure high quality education, vocational education and skill development are imperative in this context. This lecture discusses the education-skill-employability gaps and the need for skill development programmes in India and the public policy and institutional frameworks necessary for that and also reflect on the emerging trends in skill development in India.
Dr. K.P. Krishnan is the Principal Secretary, Ministry of Skill Development and Entrepreneurship. Dr. Krishnan was educated in Economics at St. Stephens College and Law at the Campus Law Centre University of Delhi and joined the IAS in 1983. In 2002, he obtained his Ph.D. in Economics from Indian IIM, Bangalore. He has served in various positions in the Government of Karnataka, Government of India and World Bank. Before becoming Secretary, Ministry of Skill Development and Entrepreneurship, he served as Special Secretary, Department of Land Resources, Additional Secretary, Department of Economic Affairs, Secretary, Prime Minister’s Economic Advisory Council and Joint Secretary, Department of Economic Affairs. He has authored a number of reports on the Indian financial sector and published many academic papers. In the year 2012, Dr. Krishnan held the BoK Visiting Professorship in Regulation in the University of Pennsylvania Law School. On 28/10/2017, Dr. Krishnan was conferred the Distinguished Alumni Award of IIM Bangalore.