Skill mapping at the global level, as suggested by PM Modi at the G20 summit, can bring several benefits for G20 nations: 1. Effective resource allocation: Skill mapping allows countries to identify and utilize their human resources efficiently, ensuring that they are deployed in areas where the demand for specific skills is high. This facilitates economic growth and reduces skill shortages. 2. Enhancing competitiveness: By having an accurate understanding of their own skill gaps and those of other countries, governments can better align their education and training programs with the needs of industries. This helps in fostering a highly skilled workforce, ultimately enhancing the competitiveness of G20 nations in the global market. 3. Promoting international cooperation: Skill mapping creates opportunities for collaboration among countries for exchange programs, knowledge sharing, and mutual support in addressing skill gaps. This collaboration can lead to the transfer of best practices and the development of innovative solutions to common challenges. 4. Addressing unemployment and underemployment: Skill mapping enables governments to identify sectors with high growth potential. By training individuals in the required skills, countries can address both unemployment and underemployment, ensuring that their workforce is appropriately skilled for available jobs. 5. Attracting foreign investment: Accurate skill mapping can help countries showcase their skilled labor force to foreign investors. This can attract foreign direct investment and stimulate economic growth, creating more job opportunities for the local workforce. Overall, skill mapping at the global level has the potential to strengthen economies, enhance competitiveness, foster international cooperation, mitigate unemployment, and attract foreign investment for G20 nations.