Vol 3, No 4 (2015)

Skill Development and Economic Growth of India

Hemant Katole

Abstract

Skill means the ability to do something well arising from talent, training, or practice. It also means ability to produce solutions in some problem. The developments of such skills are important for the economic development of any country. Author identified various skills by using 70-20-10 formula. Once we identify skills focus on how to develop these skills. The two main avenues for developing skills are through education & training and developmental experiences. Author also study the skill development model and suggest various training methods for micro-entrepreneurs in India which fall into three different important categories. They are General Management Skill, Entrepreneurial Skill and Knowledge Related.

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Keywords

Skill; Skill Development model.

Publication information

Volume 3, Issue 4
Year of Publication: 2015
ISSN: 1857 - 8721
Publisher: EDNOTERA

How to cite

Katole, H.: Skill Development and Economic Growth of India. Journal of Applied Economics and Business, Vol 3, No. 4, 5-12. (2015)