Investment of Rs 6 trillion needed to train 30 crore people: Union Minister

The country needs a huge investment of Rs 6 trillion to train nearly 30 crore people over the next five years, Union Minister Rajiv Pratap Rudy said on Thursday.

"We have a massive challenge to train our people in skill development. We will have to train nearly 300 million over the next five years and if we consider the cost, from entry-level training, it will entail an investment of around Rs 6 trillion," Union Minister of State for Skill Development Rajiv Pratap Rudy said at the Maritime India Summit here.

He said the ambitious plan of increasing manufacturing will not materialise till we create "makers in India". 

"We are talking about Rs 10 trillion investment in the shipping sector and also we have set a vision of make in India. But I strongly believe that this will not be achieved unless we create the makers in India," Rudy said.

As per global statistics, the Philippines is the largest contributor to the supply of seafarers, followed by China and India. "We are not seeing this as a cause of concern but we are certainly gearing ourselves to train our people. We know it's a huge task and much is needed to be done," he said.

Rudy further said that the government is creating the right ecosystem to create skilled workforce through the National Skills Qualification Framework, which is a competency-based system that organises all qualification tests according to a series of levels of knowledge, skills and aptitude.