ISLAMABAD,  –  Technical education is crucial to boost economic growth by imparting training to those youth who could not get formal education in schools or colleges, Chairman, National Vocational and Technical Training Commission (NAVTTC), Muhammad Mumtaz Akhtar Kahloon said here.In a meeting with President Islamabad Chamber of Commerce and Industry (ICCI), Yassar Sakhi Butt, NAVTTC Chairman said that the commission was working on national policies, strategies and regulations, National Qualification Framework (NQF), accreditation, certification, skill standards & curricula, Performance Evaluation System, TVET Development through Public-Private Partnership and Labour Market Information System. He said that government has approved the budget of Rs 350 million for  new projects of skill development.He said that currently the commission was focusing on Balochistan and has provided the province 32 per cent quota because this is the most neglected area where youth need education.Chairman NAVTTC said that Netherlands, Germany and European Union have also agreed to extend a grant of 63 Million Euros for imparting technical and vocational training to jobless youth of Pakistan.Speaking on the occasion, Yassar Sakhi Butt appreciated the efforts of NAVTTC for regulating, facilitating and providing policy direction in Vocational and Technical Training.He said that labor force is the country’s most important asset as Pakistan is a labor abundant country, therefore structures and strategies are needed to be developed for providing them skill development opportunities as par with international standards. ICCI President was of the view that the supply of perfectly skilled labor to industries could trigger the industrial growth rate without doing heavy capital investment.He said that Pakistan’s vocational training institutions should address skill development needs of workers and develop programs for their skill enhancement in line with international standards because types of skills demanded in the international job market are also changing rapidly.