TEACHING AND LEARNING LIFE SKILL EDUCATION FOR EXALTATION OF HUMAN LIFE

This research paper revolves around the concept of role of skill development which opens the path of economy
to bring USD 5 trillion dream in reality. Post pandemic it seems little difficult to achieve such dream because
country is grappling with the issue of unemployment and migration. Government initiatives like Skill India,
Make in India and Start up India seems as the biggest rescuers in present situation of country for this dream
because GDP growth cannot come only from consumption, investments or export market. Skill development
programmes enhances the employability among the youths and helps to reshape the economy especially
after the corona pandemic. India's 1.3 billion young and ambitious demographic is one of the key engines
driving the country to its path to a 5 trillion dollar economy.
Key purpose of this article is to put some light on how India will realise its dream of creating a 5 trillion
dollar economy post pandemic. In the 1990s, economic reforms moved India towards a more market-based
economic environment. Since this liberalisation, the overall economic development has been dynamic and
as of 2017, the Indian economy had a GDP of US$2.726 trillion. With a GDP growth of 7.0 percent in 2018,
India is one of the fastest-growing large economies in the percent but pandemic thrashed the country's
position and left it in worst condition where economy faced a biggest drop in GDP.
Skill development programme can push the growth process of Start up India and can pave the way for
country biggest dream. Skill plays a pivotal role behind the USD 5 Trillion GDP growth as productivity in
terms of agriculture, manufacturing and servicing are dependent on manpower and human skills. On the
other side Start-up India initiative of the Government of India, intended to catalyse start-up culture and
build a strong and inclusive ecosystem for self employment, innovation and entrepreneurship in India.
Combination of both schemes along with other initiatives can transform India into an economic powerhouse
facilitating in realising the dream of trillion dollar.