India, Jan. 22 -- In a major step towards deepening multilateral cooperation in skill development, vocational education, and training, the Ministry of Skill Development and Entrepreneurship (MSDE), Government of India, has signed a Memorandum of Understanding (MoU) with the World Economic Forum (WEF) to collaborate on strengthening India's skills and Technical and Vocational Education and Training (TVET) ecosystem.

Through this MoU, MSDE will collaborate with the World Economic Forum to launch and implement a Skills Accelerator in India, a multistakeholder platform aimed at identifying, scaling, and accelerating innovative solutions and public-private partnerships to address critical skills gaps in the workforce. The Accelerator will suppo...