Towards Atmanirbhar Bharat Abhiyan through Skill Development and Entrepreneurship: A Review

Abstract

Nations across the globe are struggling with the sudden occurrence of the novel coronavirus. In the more challenging times of havoc caused by the pandemic COVID-19, the Indian government has taken several steps to ensure the country's growth and has raised India's willpower to survive economically and socially. There are many alarming situations like mobility, migration of workers, unemployment, and health-hazardous that have arisen primarily due to the pandemic in the country, which led to the birth of the conceptualization of Atmanirbhar Bharat Abhiyan. The narrative of Atmanirbhar Bharat has pitched the rhythm of five key pillars, namely: Economy, infrastructure, system, demography, and demand. In this pursuit, this study analyzed the relationship between India's skillsets for entrepreneurship encompassing the self-dependent concept of Atmanirbhar Bharat. The article has tried emphasizing each pillar of Atmanirbhar Bharat, fostering skill development and entrepreneurship in the nation. The study assessed that the economy as the prime pillar of a nation required significant and well-versed investment in R & D. The nation required investment in the development of individual skills, dependence on regional resources, capital, and laborers. In terms of Infrastructure as the second pillar, it was assessed that strengthening of skill and entrepreneurial hubs serves as a valuable investment in infrastructure to support skill development and entrepreneurship. However, the cooperative efforts of key national actors jointly will set convenient conditions for mainstreaming and diffusion of the technology-driven system as the third pillar. The study assessed that India having vibrant demography with a young population serves as the crucial factor that can anticipate demand with supply forecasting. It will ultimately stimulate and lead the nation toward India's initiative self-reliant.