MSDE partners with World Economic Forum to launch India Skills Accelerator

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In a significant move towards accelerating India’s skilling goal, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with the World Economic Forum (WEF), deliberated on the “India Skills Accelerator” initiative during a high-level roundtable at Kaushal Bhawan in New Delhi.

The India Skills Accelerator will function as a national public-private collaboration platform designed to enable cross-sectoral efforts in unlocking innovative ideas and driving systemic progress on complex challenges that demand a multi-stakeholder approach. At its core, the Accelerator aims to catalyze change across three critical levels: i) by improving awareness and shifting mindsets around future skills needs, ii) increasing collaboration and knowledge sharing among stakeholders, and iii) committing to upgrade institutional structures and policy frameworks to support a more adaptive and responsive skilling ecosystem.

As India navigates rapid technological and economic change, skill gaps - cited by 65% of organisations as a major barrier - threaten to slow progress. The Accelerator aims to close these gaps through inclusive upskilling and reskilling, mobilizing investment in lifelong learning, and fostering government-industry collaboration. By enabling agile career transitions, promoting scalable training, and aligning education with industry need - especially in high-growth sectors like AI, robotics, and energy - the initiative will empower India’s youth and drive future-ready workforce development.

The initiative's governance structure includes key stakeholders from public and private sectors, led and co-chaired by Shri Jayant Chaudhary, Minister of State (Independent Charge) for Skill Development and Entrepreneurship and Minister of State for Education and co-chaired by Dr Sukanta Majumdar, Minister of State for Education and Development of North-Eastern Region. It will also have two private co-chairs - Ms Shobana Kamineni, Executive Chairperson of Apollo HealthCo; and Shri Sanjiv Bajaj, Chairman and Managing Director of Bajaj Finserv.

PIB

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