A Study of the Significance of Vocational Education and Entrepreneurial Skill Generation in Sustainable Economic Development of India

Vocational and technical education are seen as essential components of the growth of the country. This is crucial to the continued development of the country. The general components of lifelong learning include attitudes, abilities, and knowledge. In India, Government’s emphasis and support to TVET and Startup Policies, has given many people who would otherwise face multiple challenges in their schooling access to employment and skills. India, in spite of being one of the fastest growing economies of the world, lags behind in terms of per capita income. Tapping its most vital resource, that is, the youth population by making them employable to meet the industry needs through vocational education and skill generation can act as a game changer for India. Thus, the main goals of this study are to draw attention to the importance of technical education, vocational training, and the development of entrepreneurial skills for the country's sustainable development in India through implementation of New Education Policy 2020 and several Government Policies.