: Govt focused on creating a skilled workforce for Industry 4.0: PM Modi #FinanceIndia #StockMarketNEWS Govt focused on creating a skilled workforce for Industry 4.0: PM Modi New Delhi, Feb 25 (KNN) The

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Govt focused on creating a skilled workforce for Industry 4.0: PM Modi #FinanceIndia #StockMarketNEWS
Govt focused on creating a skilled workforce for Industry 4.0: PM Modi New Delhi, Feb 25 (KNN) The central government is organising 12 post-budget webinars inviting ideas and suggestions for better implementation of the initiatives announced in the Union Budget 2023.

Prime Minister, Narendra Modi on Saturday addressed the post-budget webinar on ‘Harnessing Youth Power - Skilling and Education’.

Addressing the gathering, the Prime Minister underlined the focus on skilling in this year’s budget and mentioned the Pradhan Mantri Kaushal Vikas Yojana 4.0 that will skill, reskill and upskill lakhs of youth in the coming years.

“The focus of the government is on creating a skilled workforce for Industry 4.0 sectors like AI, Robotics, IoT, and Drones, thereby making it easier for international investors to scout talent without having to spend much energy and resources on re-skilling,” he said.

Pointing out the need for a skilled workforce, the Prime Minister underlined that the world is looking at India as a manufacturing hub and noted the enthusiasm of the world about investing in the country.

Highlighting the special emphasis given towards the youth and their future in the first budget of Amrit Kaal, the Prime Minister said that this year’s budget strengthens the foundations of the education system by making it more practical and industry oriented.

Centre in the Budget has given equal emphasis to both education and skilling as part of the New Educational Policy.

Other key initiatives of the government pointed out by PM Modi included SWAYAM, an e-learning platform, Virtual Labs and National Digital Library, DTH channels etc.

PM Modi in his address also laid special emphasis on the significance of partnership between academia and industry in bringing rapid changes in the education sector in India.

Outlining this year’s budget, the Prime Minister mentioned the 3 centers of excellence for AI and said that it will strengthen the industry-academia partnership.

He also stated that ICMR Labs will now be made available to medical colleges and private sector R&D teams.

The Prime Minister urged the private sector to take maximum advantage of every such step to strengthen the R&D ecosystem in the country. (KNN Bureau)