Education plays an important role in the overall development of a human being as well as the nation. It is a unique investment in the present and for the future. India, at present, is recognized as one of the youngest nations of the world with over 50% of population under the age of 30 years. In order to harness the full demographic dividend, India needs high quality educational system which is affordable, flexible and relevant to the individuals, as well as to needs of the society as a whole. UGC launched scheme of B.Voc. Degree and M.Voc master degree programme to expand the scope of vocational education and also to provide vertical mobility to the students admitted into Community Colleges for Diploma programmes to a degree and post graduate programme in the Universities and Colleges. Deen Dayal Upadhyay Centres for Knowledge Acquisition and Upgradation of Skilled Human Abilities and Livelihood (KAUSHAL) is one of its kind.These Centres would not focus on skilling alone but also develop entrepreneurship traits. The centres may endeavour to maintain a pyramidical structure of student enrolment with respect to Diploma, Advanced Diploma, B.Voc. and Post graduate diploma, M.Voc.