Indian Vocational Training & Educational System deals with Occupational Standards, Targets, Certificates, Content, Quality assurance Systems, Infrastructure, Monitoring & Evaluation, assessments and so on. These all are what I term as 'Quantifiable Nouns'. Much of the discussion is about number of trainees trained, funds provided and spent, certificates issued, number of courses tweaked and upgraded etc. In this world of make believe nouns what is overlooked are the mindset of trainees, their aspirations, their frustrations, lack of motivation of instructors, real time difficulties of operating a centre profitably given the meagre resources, non-continuation of trained youth in gainful employment etc. These are real time activities/ actions and 'verbs'. What should really matter are the verbs and not so much the nouns. The mistake is easy to comprehend. Nouns are quantifiable and visible whereas verbs are not easily visible being dynamic in nature. The 'mathamatization' of these visible metrices largely overlook the not so visible yet profoundly significant factors affecting the overall efficacy of TVET. Our TVET suffers from 'equilibrium thinking'. At the end it is all about economics and not about behavioural economics. As someone has so correctly pointed out and I quote ". The reason here is simple. Noun based economics links nouns to other nouns via systems of relation and balance-equations. It is easier to analyze these if they hold still, so to speak, much as it is easier to study the workings of a butterfly if we nail it to a board. And so we purchase understanding by assuming stasis-equilibrium. But the results are at best mixed; all too often the system hangs lifeless, unchanging in time.