Ministry of Skill Development and Entrepreneurship (MSDE), in partnership with World Economic Forum (WEF), has launched India Skills Accelerator (ISA) to strengthen India’s skilling ecosystem and bridge critical skill gaps.
Key Details
Initiative Name: India Skills Accelerator (ISA)
Launched by: MSDE + World Economic Forum (WEF)
Type: Public-Private National Collaboration Platform
Focus Area: Cross-sectoral innovation, knowledge sharing, policy reform in skill development
Objectives of ISA:
- Bridge India’s skill gap crisis with collaborative, multi-stakeholder solutions
- Catalyze inclusive upskilling & reskilling for future-readiness
- Improve awareness and change mindsets about future skill needs
- Encourage policy innovation and upgrade institutional frameworks
- Increase collaboration among stakeholders across public & private sectors
Strategic Significance:
- Addresses the concern that 65% of organizations cite skill gaps as a key growth barrier
- Leverages insights from WEF’s Future of Jobs 2025 Report to align India’s skilling roadmap with global market demands
- Supports India’s demographic dividend by preparing a future-ready workforce
- Aims to position India as the “Skill Capital of the World”
ISA Will Operate At 3 Key Levels:
- Mindset Shift & Awareness – Promote understanding of evolving skill needs
- Collaboration & Knowledge Exchange – Foster synergy between academia, industry, and policymakers
- Policy & Structural Reform – Modernize frameworks to support responsive skilling mechanisms
Why ISA Matters?
- Integrates industry demand with education and training systems
- Promotes innovation-driven skilling approaches
- Enhances employability and competitiveness of the Indian workforce in the global economy
- Bridges public-private divides in policy implementation and workforce development
Aligned With:
- Skill India Mission
- National Education Policy (NEP)
- Atmanirbhar Bharat
- Global skilling benchmarks via WEF partnerships