Healthcare Industry in India: Scope for skill development and job opportunities

In the Union Budget 2023-24, the government has allocated a substantial Rs. 89,155 crore (US$ 10.76 billion) to the Ministry of Health and Family Welfare (MoHFW), according to IBEF. This move is poised to propel the healthcare sector’s growth by a projected six percent, driving its value to $3.5 trillion by the end of 2023.

Amidst the ongoing global pandemic, the significance of a resilient healthcare industry has captured widespread attention. The demand for a proficient healthcare workforce has surged to unprecedented levels, with projections indicating the creation of over 1,00,000 new jobs. This transformative growth is poised to benefit sectors like pharmaceuticals, medical devices, and health insurance and catalyse the demand for a skilled workforce in the healthcare sector.

In this article, we delve into the world of skill development and employment opportunities within the home healthcare sector, shedding light on its pivotal role in addressing the immediate crisis and contributing to long-term sustainable growth.

Skill development and employment opportunities in the Home Healthcare industry

“Caregiving is a significant part of Portea’s service offering. Caregivers are well-trained in medical aspects, empathy and compassion, as they are expected to work closely with patients and their families. Training in caregiving is vital to ensure that patients receive the support they need, from a medical and personal perspective,” Mr. Vaibhav Tiwari, Co-Founder and CEO, Portea. 

“Greater investment in care services can create an additional 300 million jobs globally, many of which will be for women. In turn, this will help increase female labour force participation and advance Sustainable Development Goal (SDG) 8 (which is to ‘promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all’).” source: International Labour Organization (ILO)

Check out the article to learn more about skill training, jobs, career growth opportunities, the use of technology in the Home Healthcare industry: https://nationalskillsnetwork.in/skill-development-and-employment-opportunities-in-the-home-healthcare-industry/

COVID-19 Impact: Skilling in healthcare sector assumes top priority

“Given the magnitude of COVID-19 impact, though we are able to manage with the current workforce, there is a huge need for a skilled workforce in the healthcare industry”, says Mr. Ashish Jain, CEO, Healthcare Sector Skill Council (HSSC).

Healthcare is one of the most stressed industries not only in India but also across the globe. Among several challenges that the healthcare industry is currently facing, the shortage of skilled healthcare workforce and professionals is the most critical one.

To understand the role of HSSC and various initiatives the organization has been taking to address the skill gap in the healthcare sector, challenges, the in-demand job roles in the healthcare sector, click on the link:  https://nationalskillsnetwork.in/covid-19-impact-skilling-in-healthcare-sector-assumes-top-priority/

Skill2Jobs – Healthcare Industry: Skills, Training and Careers

Today, the Healthcare industry is one of the most critical industries across the globe. With millions of COVID-19 cases and an increasing number of deaths, India is among the nations hardest hit by the second wave of coronavirus pandemic.

There is a need for a strong healthcare ecosystem and a potentially skilled workforce to deal with the healthcare issues we are facing as a country. Building a strong healthcare workforce by investing in skill training, reskilling, and upskilling is the need of the hour.

Over the years, the healthcare sector has become one of India’s largest sectors, both in terms of revenue and employment. The size of the industry is estimated to reach US$ 372 billion by 2022. Despite some challenges, the healthcare industry in India showed resilience in times of crisis and tried to address the demands of growing disease spread.

Check out our article on skills, training and careers in the healthcare industry:https://nationalskillsnetwork.in/skill2jobs-healthcare-industry-skills-training-and-careers/

The home healthcare sector emerges as a beacon of hope, offering essential medical services and substantial employment opportunities. Through training and skill development, caregivers are transformed into pillars of strength, providing medical expertise and compassionate care. As we navigate the challenges of today and envision a resilient future, investing in healthcare skill development emerges as a cornerstone of progress, promising a healthier society and a more inclusive workforce.