The government now plans to skill 40.2 crore workers by 2022 and a number of schemes including the new National Skill Development and Entrepreneurship 2015, Pradhan Mantri Kaushal Vikas Yojana and the skill loan scheme will be launched.
CDCL is an authorized training partner to RASCI ~ NSDC. and a VTP for Chandigarh UT under PM SKill Development Initiative 2014-15. India will need around 56 million skilled workers in the booming retail sector by 2022, which is currently estimated at $ 435 billion and expected to witness a CAGR of 18.1 per cent over the next 4-5 years to touch $ 848 billion, according to a NSDC report.
There will be a considerable rise in demand for skilled manpower in retail sector as the industry has been growing at a steady pace, fuelled by factors like changing lifestyles, rising disposable incomes, favourable demographics, and easy credit availability, according to the report.