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AI has changed skilled jobs and hiring of new recruits: Nirmala Sithraman

| @indiablooms | Feb 04, 2024, at 06:47 am

New Delhi: Artificial Intelligence (AI) has disrupted the requirement for skilled jobs and hiring equally, apart from the current situation of global economic slowdown, Finance Minister Nirmala Sitharaman told Network18 Editor-in-Chief Rahul Joshi in an interview.

“The kind of job requirements that are expected of new recruits are also changing. So the people with old skillsets are now expected to have additional newer skillsets for entering into a certain area which till now did not exist,” Sitharaman said in the interview on Friday, a day after she presented the Interim Budget for 2024-25.

She added, “There are a lot of calibrations required in understanding this.”

The Central government has been proactively taking initiatives and launching programmes aimed at upskilling people, providing reskilling opportunities, and ultimately boosting their employability while also creating job prospects.

During her budget speech on February 1, Sitharaman announced that, through the Skill India Mission, the government has successfully trained 1.4 crore youth, upskilling and reskilling 54 lakh individuals to date.

She also highlighted that the government has “established 3,000 ITIs and major institutions of higher learning, including 7 IITs, 16 IIITs, 7 IIMs, and 15 AIIMs, along with the setup of 390 universities.”

In September 2023, the government introduced the Skill India Digital Platform, consolidating all skilling initiatives under a single umbrella.

The platform aims to provide comprehensive skill development and entrepreneurial support to the populace.

It will offer access to over 264 skilling courses from 42,623 centres nationwide, facilitating opportunities for job exchange, apprenticeship, and entrepreneurship.

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