The Services Export Promotion Council, an apex trade body established by the Ministry of Trade and Industry on September 29, held an interactive session to discuss “transformation of workforce skills for exports of services” and “internationalization of higher education”.
Minister of Commerce Piyush Goyal, Minister of State for Education Dr. Subhas Sarkar and other dignitaries attended the event.
Addressing the session, Goyal said, “Transforming workforce skills for service exports is critical for economic growth. The talent pool that India has to offer is perfect to meet the needs of the world, especially in a post-crisis world. The new NEP has opened the doors to broader engagement with the world….”
“Many developed countries have experienced growth and innovation through the major contributions of our workforce and students. As there will be growth in the knowledge economy, we need to grow stronger and compete with the best. We have the ability and capacity to do the same. The services sector surpassed the $300 billion target set for FY23 and is poised to hit $350 billion. It shows that as a nation we are unparalleled in our strengths and knowledge and with key preparations and strengthening the cadre of all industries and sectors, we can aim for ambitious and bold goals,” he said. he adds.
Dr Sarkar said: “…The National Education Policy 2020 envisions an education system rooted in the Indian ethos that directly contributes to transforming India into an equitable society, providing high quality education for all. This aims to position India as a global knowledge superpower. Likewise, our collective goal should be dynamic training and higher education. We strive to make India a global destination for quality education at affordable costs.
Sunil H Talati, President of SEPC, said in his welcome address “…The services sector currently contributes 55% of total exports. By 2023, we aim to reach 75% and insourcing education and skills development is key to witnessing such unprecedented growth. We must strive to be a force that is not only highly educated, but also highly employable. In addition to this, internalizing education from a business perspective is essential to increase the influx of foreign students and forex to reach the target of 350 billion exports by March 2023. »