India, Dec. 11 -- Human capital remains the primary driver of economic growth and enhanced competitiveness. Research by the World Bank shows that effective skill development reduces unemployment, increases labour productivity, and improves living standards, making it a fundamental element of competitive, inclusive economies. The World Bank also estimates that bridging skill gaps could boost global prosperity, with an anticipated gain of US$6.5 trillion over the next seven years, accounting for 5-6 per cent of their GDP. It further notes that most countries invest less than 0.5 per cent of the global domestic product in adult lifelong learning. High skill development is also crucial for enabling structural transformation, moving the workfo...