PM Modi At Global Business Forum: 'Skills Will Outweigh Degrees'

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Prime Minister Narendra Modi while addressing the Global Business Forum (GBF) 2019 in New York stated that slowly, skills will come to outweigh degrees

Written By Manjiri Chitre | Mumbai | Updated On:

Prime Minister Narendra Modi, while addressing the Global Business Forum (GBF) 2019 in New York, stated that slowly, skills will come to outweigh degrees in the world. "Everything will be decided on the ability, and which is why in India, we have built skill development on every level," he said. Keeping in mind the global workforce, he further said that if India has a huge number of the young workforce, we will train them according to the requirements. He also put forth the analogy of Japan needing human resources, while India helping according to the requirements.

PM Modi on new innovations 

Addressing at the GBF event, PM Modi said that one important thing that India has as a country is young talent. "We are focusing on innovation," he said. Further, he added that right from the primary school level, the government has opened a huge network of Atal Tinkering labs. These labs are workspaces in the schools where the students of Class 6 to Class 12 can acquire innovative skills through hands-on learning. Along with this, India is moving towards building a whole network of incubation centres. "The number of innovations that have taken place in the past 60 years is more than what has taken place in the past 300 years. In the coming days, there will be more," he said.

Read: PM Modi makes strong '4-factor' proposition to global business leaders

Read: PM Modi at the Global Business Forum 2019: 'This is just the start'

About Global Business Forum (GBF)

The Bloomberg Global Business Forum (GBF) opened on Wednesday (IST) at the Plaza Hotel in New York. At the forum, Prime Minister Narendra Modi and Michael Bloomberg focused on opportunities to strengthen global economic stability and tackle climate change. The Business Forum is a platform for promoting economic growth and advancing technologies to improve society, states reports. 

Read: 'Your desires match our dreams,' says PM Modi in eloquent assurance

Read: PM Modi lists India's pro-business initiatives; results pack a punch

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