Skill development is generally used to refer to the productive capabilities acquired through all levels of learning and training , occurring in formal , non-formal , informal and on-the-job settings. Recent research shows that a large percentage of employees in India believe that their college education alone does not equip them with skills to make them effective employers to provide them with ‘a culture of learning’ , to stay relevant in this ever changing landscape . The World is changing and so does the economies along with it, the need for a skill based workforce is on the rise. The students are the human capital of the country and it is essential to empower them for the development of the economy. We can see some advantages of skill based education as:- 1. Connects education with employment expectations. 2. Allows choice from growing number of ways to build and validate skills. 3. Skill based education is definitely more effective and purpose driven which helps students to receive a clear objective along with a vibrant culture. Even in school curriculum that incorporates skill based learning enhances creativity among children. Students are better able to grasp and learn new skills at an early age; and when exposed to new experiences through skill development they become more creative and imaginative. Skill based education guides the students where to look, doesn’t limit their world to what to see and so it is the true celebration of inquisitiveness of future seekers of the Millennium.