Upskilling the Youth
Skilling for livelihood and jobs is the only way to bridge the gap between unemployment and employability, and SRKKF intends to do that. SRKKF’s purpose of enhancing skill development training to unemployed and underprivileged youth for outcomes namely – employment, entrepreneurship or community enterprise in both the formal and informal sector has remained at the forefront.
India is world’s one of the fastest growing economies, and thus our requirement of skilled people remains unparalleled. India’s young population is a valuable asset to economic growth. Around 62.5% of India’s working age population is aged between 15 and 59 years, ensuring that India will have a demographic advantage all the way to 2055.
Nearly 12 million are joining the workforce annually, this surge in the young working population can contribute to enhancing the country’s competitiveness and economic development. Hence, skilling the youth and linking them to a livelihood is a national imperative.
Alignment with UN SDG goals
The overall work of SRKKF in the area of upskilling the youth addresses the following United Nations Sustainable Development Goals:
- SDG 1: No Poverty
- SDG 2: Zero Hunger
- SDG 4: Quality education
- SDG 5: Gender equality
- SDG 8: Decent work and economic work
- SDG 9: Industry, innovation and infrastructure
- SDG 10: Reduced inequalities
- SDG 17: Partnerships to achieve the SDG
SRKKF helps address the challenges of both quality and scale with its skill development initiatives: SRK Institute of Diamonds (SRKID) and SRK Institute of Skills (SRKIS).