Major changes in the Indian economy and the accelerated rate of industrial growth; imply a great demand for skilled labour, in new and emerging sectors of Technology . Training is therefore a prerequisite for exploiting the potential of a growing economy and individuals become employable through training and skill development, it also enhances their career choices. Large numbers of educated young men and women especially from less privileged backgrounds are unable to use their abilities to improve their lives and contribute to national growth, for want of market-oriented skills. This demands supplementing mainstream Technical training with innovative, short term, market - oriented programmes. The informal system has this flexibility, to offer innovative capacity building programmes, to address the skill development needs of this vast segment of educated unemployed youth, thereby empowering young men and women to take advantage of the emerging employment opportunities that are technical in nature, leading to more productive livelihoods.