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Analysis of skill enhancement program, introduced by government of India to upskill the human capital

Human abilities and education is an important asset. These constituents to the capital make the 
human capital. This can be invested to produce value in every business scenario. 
The concept though originally applied in the analysis of a nation's ability to utilize the skill set of 
people. It gradually became a key part of understanding corporate productivity. This parameter 
increasingly became essential in understanding how businesses succeed. The United Nations 
(2009) expands on this definition as productive wealth embodied in labor in the form of skill 
and education. This expertise integrated with humans as a result of formal and informal 
education. For this study human capital is defined as productive wealth embodied in labor, skills 
and knowledge (UN 2016 and 2020). Further, for this study human capital is defined as 
education and training, either in the form of formal education or in the form of informal 
education and cultural studies. Due consideration is given to Knowledge, labor, skills in general, 
as well as industry and firm jobs and also task specific experience . This study aims at exclusive 
analysis of recent programs introduced by the government of India to enhance the skill. The 
study focuses on critical success of program depending on real time skill enhancement. Further 
analysis of different schemes is done on the ground level implementation. Each category is 
analyzed against the various reformatory Acts and statutes introduced by Government of India 
under skill enhancement effort Further effectiveness of implementation is studied in the new skill 
development programs announced by the government of India. This study is more critical in the 
light of most developing nations liberalizing their economies to attract foreign direct investment. 
The competition is steep with the advent of liberal and open trade policies. Solution to strive for 
this global competition is skill enhancement.