A report released by the World Economic Forum(WEF) on January 25, shows that investing in upskilling has the potential to boost the global GDP by USD 6.5 trillion by 2030. The report shows that this investment could boost the GDP in India alone by $570 billion.
The study was released during the ongoing online Davos Agenda Summit. The matter is to be addressed by Prime Minister Narendra Modi and other global leaders, who also said that accelerated investment in upskilling and reskilling of workers could create 53 lakh (net) new jobs by 2030. The investment could help develop more inclusive and sustainable economies worldwide.
The WEF’s Reskilling Revolution Initiative is estimated to have already provided reskilling and upskilling support to more than 50 million people.
