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Politics
Madhya Pradesh CM Mohan Yadav calls skill the ‘new currency’ for an innovative economy
✍️ newsonair.gov.in
🗓 18 Sep 2026, 08:31 PM
👁 13
Chief Minister Mohan Yadav said that skill has become the new currency and that innovation will drive a new economy for Madhya Pradesh.
Madhya Pradesh Chief Minister Mohan Yadav emphasized that in today’s rapidly changing landscape, skill development has emerged as the most valuable asset, likening it to a new form of currency. Speaking at a recent economic forum, he highlighted that a workforce equipped with modern competencies can attract investment and boost productivity.
Yadav added that innovation must complement skill building to create a "new economy" that is resilient and globally competitive. He urged state agencies, educational institutions, and private sector partners to collaborate on upskilling programs and technology adoption.
The CM also announced plans to increase funding for vocational training centers and to launch pilot projects that integrate digital tools into traditional industries across the state. He said these measures aim to transform Madhya Pradesh into a hub of skilled talent and innovative enterprises.
Stakeholders welcomed the remarks, noting that aligning skill development with innovation could address unemployment and spur economic growth. The government’s next steps will involve detailed policy drafts and consultations with industry leaders.
The statement reflects the state’s broader strategy to position itself at the forefront of India’s emerging knowledge-driven economy.
Yadav added that innovation must complement skill building to create a "new economy" that is resilient and globally competitive. He urged state agencies, educational institutions, and private sector partners to collaborate on upskilling programs and technology adoption.
The CM also announced plans to increase funding for vocational training centers and to launch pilot projects that integrate digital tools into traditional industries across the state. He said these measures aim to transform Madhya Pradesh into a hub of skilled talent and innovative enterprises.
Stakeholders welcomed the remarks, noting that aligning skill development with innovation could address unemployment and spur economic growth. The government’s next steps will involve detailed policy drafts and consultations with industry leaders.
The statement reflects the state’s broader strategy to position itself at the forefront of India’s emerging knowledge-driven economy.