Abstract
Skill development is the major concern in most of the countries. It is aimed at increasing employability and efficiency of workforce. Government has also undertaken many measures for skill development such as formation of National Skill Development Corporation, Creation of separate Ministry for Skill Development and Entrepreneurship. It is the formal education which has failed to give the requirement of industries, trade and various workplaces. It has been overcome by the skill enhancement. The educational system is the basic foundation in the life of youth where they can be given formal education with skills resulting into employability. The skills have given name and wealth to the people like Dhirubhai Ambani, Bill Gates, Steve Jobs even though they were not even graduates. The Even present scenario calls for drastic reforms in the prevailing higher education in order to cater to the demands and aspirations of the society and also to meet the skill requirements of the workplace. The Twelfth Five Year Plan also aims to improving the employability of graduates and producing graduates with international competencies and skills. The students in Higher Educational Institutions are expected to have many skills like knowledge of human values, usefulness to the society, self awareness, creative thinking, effective communications, interpersonal relationship, etc.
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