Indian Economy News

More than 19 lakh people to be trained over next 10 years in oil and gas sector

New Delhi: More than 19 lakh people will be trained over the next 10 years in the oil and gas sector to cater to the rising skill needs of the future as the industry expands in a growing economy, according to a government roadmap for the sector. The Hydrocarbon Skill Sector Council (HSSC), set up by the government under its Skill India initiative, has prepared a road map for training people in the sector.

It has projected the need to train 19 lakh people, including the younger men and women that would join workforce through the decade as well as the existing employees engaged permanently or on short-term contracts with oil firms.

With a million new job seekers each month, India needs to go full throttle on skilling its people in order to match their capabilities with the job opportunities a 7.6% annual economic growth is throwing up. Prime Minister Narendra Modi 's government has brought in special thrust in this area by involving government, industry and experts to identify the current and future skill needs and preparing a roadmap for producing those skills.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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