What type of incentive structure encourages development of requisite skill traits in mining sector?

What type of incentive structure encourages development of requisite skill traits in mining sector?
Last Date Nov 14,2014 04:15 AM IST (GMT +5.30 Hrs)
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The country is well endowed with many metallic and non-metallic mineral resources.  India is a leading player in respect of many non fuel minerals including, iron ore, ...

The country is well endowed with many metallic and non-metallic mineral resources.  India is a leading player in respect of many non fuel minerals including, iron ore, bauxite, dolomite, lime stone and mica.  Mining sector (non-fuel) currently accounts for approx 0.5% of GDP. For accelerated economic growth on sustainable basis, this sector has to grow at a much faster pace to secure a higher percentage in the GDP.
 
Scientific, sustainable and transparent mining practices require well trained manpower.  Skill development not only enhances productivity and safety at work place, but more importantly, it prepares the manpower to adapt to the new state of art technologies. Currently this sector employs around 0.2 Million workforce which is estimated to grow to 0.3 Million in next 10 years.

For more information about Options for Skill Development in the Mining Sector refer the following URL: http://mygov.in/frontendgeneral/images/Options_for_Skill_Development_in_...

Share your views/suggestions on the incentive structure to encourage development of requisite skill traits in mining sector.

Last date for sending your suggestions is 14th November 2014.

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Amit Srivastava 5 years 5 months ago

According to Census 2011, India has 55 million potential workers between the ages of 15 and 35 years in rural areas. At the same time, the world is expected to face a shortage of 57 million workers by 2020. This presents a historic opportunity for India to transform its demographic surplus into a demographic dividend.