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GOVERNMENT OF INDIA
MINISTRY OF SKILL DEVELOPMENT AND ENTREPRENEURSHIP
LOK SABHA
UNSTARRED QUESTION NO. 4943
ANSWERED ON 23/03/2026
INDIA SKILLS ACCELERATOR INITIATIVE
†4943. SHRI ASHOK KUMAR RAWAT:
Will the Minister of SKILL DEVELOPMENT AND ENTREPRENEURSHIP be pleased to
state:
(a) the details of the current status of the India Skills Accelerator initiative launched in
partnership with the World Economic Forum including information on participating stakeholders
and its operational scope;
(b) the details of key objective and methodology of the said initiative to identify, scale and
accelerate the implementation of innovative solutions for workforce upgradation and lifelong
learning;
(c) the details of the number of skill development programmes, enrolled learners and
industry partnerships under the said initiative to reduce the skills gap across all sectors;
(d) whether the Government proposes any impact assessment or performance framework to
evaluate the outcomes of the said initiative; and
(e) if so, the details thereof?
ANSWER
THE MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF SKILL
DEVELOPMENT AND ENTREPRENEURSHIP
(SHRI JAYANT CHAUDHARY)
(a to c) 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.
(d) & (e) 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.
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