India faces significant skills challenges due to its large and young population. It has a workforce of 459 million but only 2% of youth receive formal vocational training, resulting in 260 million unemployed or underemployed Indians aged 18-50. To address this "skill gap", the government launched the Skill India initiative to provide skills training to 500 million people by 2020 through public-private partnerships, focusing on both traditional and emerging sectors. The goal is to boost employment and entrepreneurship among Indian youth.