Ministry of Skill Development and Entrepreneurship press release · 23 March 2026 · pibtracker filter

INDIA SKILLS ACCELERATOR INITIATIVE

PRID2243984 MinistryMinistry of Skill Development and Entrepreneurship Released23 March 2026 Reading8 min

Posted On: 23 MAR 2026 4:49PM by PIB Delhi The Ministry of Skill Development and Entrepreneurship (MSDE) has partnered with the World Economic Forum (WEF) for the India Skill Accelerator initiative, and a Memorandum of Understanding (MoU) was signed in 2026 for cooperation in the fields of Skill Development and Technical and Vocational Education and Training (TVET). Under the MoU, the India Skill Accelerator is envisaged as a multi-stakeholder platform to facilitate identification, scaling and acceleration of innovative solutions and public–private partnerships to address skill gaps and strengthen the TVET ecosystem in the country. The initiative involves participation from Government, industry, academia, training providers and other relevant stakeholders. The initiative envisages alignment of skill training and reskilling with industry requirements, promotion of innovative financing mechanisms, and enhanced coordination among stakeholders in line with India’s Vision @2047. It also provides for alignment with the National Education Policy 2020 through flexible learning pathways and use of frameworks such as the Academic Bank of Credits, while leveraging Higher Educational Institutions (HEIs) and regulatory bodies such as All India Council for Technical Education and University Grants Commission. Further, the initiative focuses on emerging global skill demand trends, facilitation of mobility through mutual recognition of qualifications, promotion of innovation activities, and engagement in “Future of Work” domains and entrepreneurship. The initiative is presently in the initial phase of operationalizatioin and is focused on establishing the institutional and partnership framework for implementation. Accordingly, specific skill development programmes, learner enrollment and industry partnership figures under this initiative will evolve as the Action plan and pilot interventions are operationalized. The monitoring and implementation framework has been envisaged under the MoU. It includes participation of Government and private sector stakeholders and preparation of an Action Plan outlining the roles and responsibilities of stakeholders. MSDE, through its agencies, will oversee implementation of agreed upon project milestones and outputs, and monitor progress of the initiative through periodic review mechanisms. This information was given by the Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship (MSDE), Shri Jayant Chaudhary in a written reply in the Lok Sabha today. *** SH (Release ID: 2243984) Visitor Counter : 630 Read this release in: हिन्दी , Urdu Ministry of Skill Development and Entrepreneurship INDIA SKILLS ACCELERATOR INITIATIVE Posted On: 23 MAR 2026 4:49PM by PIB Delhi The Ministry of Skill Development and Entrepreneurship (MSDE) has partnered with the World Economic Forum (WEF) for the India Skill Accelerator initiative, and a Memorandum of Understanding (MoU) was signed in 2026 for cooperation in the fields of Skill Development and Technical and Vocational Education and Training (TVET). Under the MoU, the India Skill Accelerator is envisaged as a multi-stakeholder platform to facilitate identification, scaling and acceleration of innovative solutions and public–private partnerships to address skill gaps and strengthen the TVET ecosystem in the country. The initiative involves participation from Government, industry, academia, training providers and other relevant stakeholders. The initiative envisages alignment of skill training and reskilling with industry requirements, promotion of innovative financing mechanisms, and enhanced coordination among stakeholders in line with India’s Vision @2047. It also provides for alignment with the National Education Policy 2020 through flexible learning pathways and use of frameworks such as the Academic Bank of Credits, while leveraging Higher Educational Institutions (HEIs) and regulatory bodies such as All India Council for Technical Education and University Grants Commission. Further, the initiative focuses on emerging global skill demand trends, facilitation of mobility through mutual recognition of qualifications, promotion of innovation activities, and engagement in “Future of Work” domains and entrepreneurship. The initiative is presently in the initial phase of operationalizatioin and is focused on establishing the institutional and partnership framework for implementation. Accordingly, specific skill development programmes, learner enrollment and industry partnership figures under this initiative will evolve as the Action plan and pilot interventions are operationalized. The monitoring and implementation framework has been envisaged under the MoU. It includes participation of Government and private sector stakeholders and preparation of an Action Plan outlining the roles and responsibilities of stakeholders. MSDE, through its agencies, will oversee implementation of agreed upon project milestones and outputs, and monitor progress of the initiative through periodic review mechanisms. This information was given by the Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship (MSDE), Shri Jayant Chaudhary in a written reply in the Lok Sabha today. *** SH (Release ID: 2243984) The Ministry of Skill Development and Entrepreneurship (MSDE) has partnered with the World Economic Forum (WEF) for the India Skill Accelerator initiative, and a Memorandum of Understanding (MoU) was signed in 2026 for cooperation in the fields of Skill Development and Technical and Vocational Education and Training (TVET). Under the MoU, the India Skill Accelerator is envisaged as a multi-stakeholder platform to facilitate identification, scaling and acceleration of innovative solutions and public–private partnerships to address skill gaps and strengthen the TVET ecosystem in the country. The initiative involves participation from Government, industry, academia, training providers and other relevant stakeholders. The initiative envisages alignment of skill training and reskilling with industry requirements, promotion of innovative financing mechanisms, and enhanced coordination among stakeholders in line with India’s Vision @2047. It also provides for alignment with the National Education Policy 2020 through flexible learning pathways and use of frameworks such as the Academic Bank of Credits, while leveraging Higher Educational Institutions (HEIs) and regulatory bodies such as All India Council for Technical Education and University Grants Commission. Further, the initiative focuses on emerging global skill demand trends, facilitation of mobility through mutual recognition of qualifications, promotion of innovation activities, and engagement in “Future of Work” domains and entrepreneurship. The initiative is presently in the initial phase of operationalizatioin and is focused on establishing the institutional and partnership framework for implementation. Accordingly, specific skill development programmes, learner enrollment and industry partnership figures under this initiative will evolve as the Action plan and pilot interventions are operationalized. The monitoring and implementation framework has been envisaged under the MoU. It includes participation of Government and private sector stakeholders and preparation of an Action Plan outlining the roles and responsibilities of stakeholders. MSDE, through its agencies, will oversee implementation of agreed upon project milestones and outputs, and monitor progress of the initiative through periodic review mechanisms. This information was given by the Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship (MSDE), Shri Jayant Chaudhary in a written reply in the Lok Sabha today. ***     SH " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); var isPlaying = false; function playAudio() { mPlayer.play(); isPlaying = true; document.getElementById('stopA').style.display = "block"; document.getElementById('playA').style.display = "none"; } function pauseAudio() { mPlayer.pause(); isPlaying = false; document.getElementById('playA').style.display = "block"; document.getElementById('stopA').style.display = "none"; } //function HandleAudio() { // if (isPlaying == true) { // //Playing already Pause it // pauseAudio(); // } else { // //Play the music // playAudio(); // } //} var synth = window.speechSynthesis; function CleanHtml(html) { html = html.replace(/ /gi, ''); return html; } function stripHtml(html) { let tmp = document.createElement("DIV"); tmp.innerHTML = CleanHtml(html); return tmp.textContent || tmp.innerText || ""; } $(document).ready(function () { //for responsive tables $("table").each(function () { if (!$(this).closest(".table-responsive").length) { $(this).wrap(" "); } }); var width = $(window).width(); if (width $(document).ready(function () { var width = $(window).width(); if (width @media print { .sticky-social, .sticky-social_mb, .pull-right, #printPDF { display: none !important; } } .f_vl { padding-right: 30px; font-size: 17px; cursor: pointer; } .log_oo { // width: 20%; display: flex; justify-content: space-between; } .log_oo img { width: 150px; /*width: 100%; height: auto;*/ } .sticky-social_mb { position: fixed; bottom: 0px; padding: 0px; margin: 0px; width: 100%; } .social_mb { list-style: none; display: flex; width: 100%; margin-bottom: -8px; } .social_mb a { padding: 8px 0px; font-size: 30px; transition: all 0.8s ease-in-out; width: 20% !important; text-align: center; } .section1 { position: relative; padding: 10px 0px; width: 100%; } .sticky-social { position: fixed; top: 20px; left: 0px; padding: 0px; margin: 0px; } .social { list-style: none; } .social a li { padding: 8px 12px; font-size: 25px; transition: all 0.8s ease-in-out; } .social a li:hover { margin-right: -30px; box-shadow: 2px 5px 10px grey; } .social a li:hover .fa { margin-left: 20px; } .fb_b { /* background-color: rgb(59, 89, 152);*/ background-color: rgba(65,103,178,255); } .twitter_r { /* background-color: rgb(29, 161, 242);*/ background-color: #000000; } .whatsapp_r { /* background-color: rgb(77, 194, 71);*/ background-color: rgba(13,191,67,255); } .fa-envelope_r { /* background-color: rgb(219, 68, 55);*/ background-color: #e2123d; } .fa-linkedin_r { background-color: rgb(0, 119, 181); } @media only screen and (max-device-width: 767px) { p span img { max-width: 90% !important; height: auto !important; } p img { max-width: 90% !important; height: auto !important; } h2 { font-size: 20px !important; font-weight: 600 !important; } h3 { font-size: 18px !important; font-weight: 600 !important; } } /* === Film Roll Badge Styling(IFFI2025 countdown) === */ .film-roll-badge { position: absolute; top:82%; right: 20px; width: 230px; height: 70px; background: repeating-linear-gradient( to right, #9a2375 0px, #9a2375 18px, #6e2b8b 18px, #6e2b8b 36px ); border-top: 8px solid #9a2375; border-bottom: 8px solid #9a2375; border-radius: 8px; overflow: hidden; box-shadow: 0 4px 12px rgba(0, 0, 0, 0.4); animation: moveFilm 8s linear infinite; z-index: 10; } /* film sprocket holes */ .film-roll-badge::before, .film-roll-badge::after { content: ""; position: absolute; width: 100%; height: 10px; background: repeating-linear-gradient( to right, #9a2375 0px, #9a2375 10px, #fff 10px, #fff 20px ); left: 0; z-index: 2; } .film-roll-badge::before { top: -4px; } .film-roll-badge::after { bottom: -4px; } .film-roll-inner { position: relative; height: 100%; display: flex; align-items: center; justify-content: center; animation: flicker 2s infinite ease-in-out; } .countdown-text { font-size: 1.3rem; font-weight: 700; color: #fff; text-shadow: 0 0 6px rgba(255, 255, 255, 0.4), 0 0 10px #000; white-space: nowrap; } /* === Animations === */ @keyframes moveFilm { 0% { background-position: 0 0; } 100% { background-position: 120px 0; } } @keyframes flicker { 0%, 100% { opacity: 1; } 50% { opacity: 0.9; } 25% { opacity: 0.95; } 75% { opacity: 0.85; } } /* === Responsive Adjustments === */ @media (max-width: 1500px) { .film-roll-badge { top: 68%; right: 18px; /* width: 220px; */ height: 65px; font-size: 0.85rem; } .press-section { margin-top: 35px; } } @media (max-width: 992px) { .film-roll-badge { top: 52%; right: 10px; width: 200px; height: 60px; } } @media (max-width: 768px) { .film-roll-badge { top: 56%; right: 10px; width: 124px; height: 55px; } .countdown-text { font-size: 0.9rem; } } @media (max-width: 576px) { .film-roll-badge { top: 59%; right: 5px; /* width: 160px; */ height: 50px; } .countdown-text { font-size: 0.85rem; } } const festivalStart = new Date("2025-11-20T00:00:00").getTime(); const festivalEnd = new Date("2025-11-28T23:59:59").getTime(); const countdownElement = document.getElementById("countdown"); const interval = setInterval(() => { const now = new Date().getTime(); // BEFORE FESTIVAL — show days + hours left if (now = festivalStart && now el.style.width = "350px"); clearInterval(interval); } }, 1000); //

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INDIA SKILLS ACCELERATOR INITIATIVE

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