NSDC targets to skill 3.3 million youth in 2014-15

National Skill Development Corporation’s 7th Edition of its Partners’ Meet – “Transforming India-empowering youth for inclusive growth” comes to a grand close with fresh pledge to

skill 3.3 million youth in 2014-15

One of India’s most successful public-private-partnerships sets a target of 3.3 million youth to be skilled in the current fiscal.

Target for 2014-15 is nearly three and half times the previous year’s achievement. NSDC achieved its annual skilling target of 1 million in 2013-14. Achieves its annual target for

the fourth time year in a row. Four landmark Memorandums of Understanding signed during the two day event. Five Awards bestowed upon best achievers in NSDC ecosystem

August 7, 2014; New Delhi: The second and final day of the 7th Edition of National Skill Development Corporation’s (NSDC) bi-annual Partners’ Meet came to a grand close with a pledge to skill 3.3 million youth in 2014-15. The target committed for the current fiscal is nearly three and half times of what was set and achieved for 2013-14.

Delivering the inaugural address, Shri Sarbananda Sonowal, Minister of State – Skill Development, Entrepreneurship, Youth Affairs & Sports, Government of India said, “The target for NSDC is to skill 3.3 million this year and I am sure the team will ensure that they are met. It is absolutely necessary to ensure that the industry be made a major partner in skilling India and NSDC has been extremely successful in engaging and exponentially growing the efforts of the private sector.”

Commenting on the newly formed Ministry for Skill Development, Shri Sonowal further added, “We are in the process of activating the Ministry of Skill Development and are currently consulting with all major stakeholders including the private sector. We believe an effective and sustainable partnership between private and public sector would be crucial for this ambitious mission to be achieved. This Ministry will assist and enable in every possible way new, creative and self-sustaining mechanisms to ensure that goals set by the Honourable Prime Minister for Skill India are achieved.”

Mr. S. Ramadorai, Chairman, NSDC, said, “This year again we have embarked upon a massive task. The challenge ahead may seem daunting. However based on the past performances, I have the fullest confidence in our Training Partners, Sector Skill Councils, assessors and the team at NSDC will rise to the occasion and meet the challenge head on.”

For the fourth year in a row NSDC achieved the annual targets set. In fact in 2013-14, NSDC had crossed its skilling target and brought 1.05 million youth into the skilling eco-system. Including the number of people skilled under the National Skill Certification and Reward Scheme also known as STAR scheme to total for 2013-14 was 1.3 million skilled Indians.

Mr. Ramadorai further said, “While we are fully focused on delivering the number of skilled people as promised at the start of every year, we are also completely conscious of the quality of the manpower we deliver. We have robust and well defined quality checking processes that ensures that the skilled hands we deliver meet the needs of the industry. We believe skilling must improve

the employability of our youth, create greater employment opportunities and support their entrepreneurial spirit. Events such as the bi-annual Partners’ Meet that concluded today are designed to ensure that the vision and mission of skilling the youth of our nation is shared by everyone in our eco-system which amongst others include representatives from the Government, both Centre and from the states, members of our Board of Directors, our Training Partners and Sector Skill Councils and end user industry.” Adding to Mr. Ramadorai’s comments, Mr Dilip Chenoy, MD & CEO, NSDC said, “It has been an exciting journey so far. The two-day Partners’ Meet was a grand success with the number participant being more than twice that of the last meet held in December 2013. This growing interest among other things shows the seriousness with which the Skilling Mission is being taken in our country. We concluded the two-day meet with great confidence of skilling 3.3 million youth this year.”

During the two-day event, NSDC also signed four Memorandums of Understanding with University Grants Commission, University of Pune, National Urban Livelihood Mission-Himachal Pradesh and Tamil Nadu Open University. The Uttar Pradesh Skill Development Mission signed Service Level Agreements with eight Sector Skill Councils within NSDC.

The close of the event saw five awards bestowed upon IL&FS Skill Development Corporation (Best Performing Partner), LabourNet Services (Best Sustainable Initiative), Gram Tarang-Jatni (Best Training Centre), Kushal-CREDAI (Most Compliant Training Partner), Pan IIT Alumni Reach for India (Best Upcoming Partner).

About National Skill Development Corporation:National Skill Development Corporation (NSDC), which was formed under the Ministry of Finance, is a one of its kind public-private partnership with 51 per cent equity held by private sector and the balance 49 per cent by the Union Government. Formed in 2010, NSDC is a professionally run not-for-profit company that includes 31 Sector Skill Councils and 136 training partners with over 2500+ training centres spread across 366 districts in the country. NSDC is mandated to skill 150 million Indians by 2022.

For more information on NSDC kindly visit our website, and Facebook page:www.nsdcindia.orghttps://www.facebook.com/NSDCIndiaOfficialwww.twitter.com/NSDCIndia

Garima Misra / Niren Yadav+91-9910106993/ +91-8800447367Garima.misra@ogilvy.com/ Niren.yadav@ogilvy.com