Vision NSDC was set up as part of a national skill development mission to fulfil the growing need in India for skilled manpower across sectors and narrow the existing gap between the demand and supply of skills. The Union Finance Minister announced the formation of the National Skill Development Corporation (NSDC) in his Budget Speech (2008-09): ...There is a compelling need to launch a world-class skill development programme in a mission mode that will address the challenge of imparting the skills required by a growing economy. Both the structure and the leadership of the mission must be such that the programme can be scaled up quickly to cover the whole country. Mission Upgrade skills to international standards through significant industry involvement and develop necessary frameworks for standards, curriculum and quality assurance Enhance, support and coordinate private sector initiatives for skill development through appropriate Public-Private Partnership (PPP) models; strive for significant operational and financial involvement from the private sector Play the role of a market-maker by bringing financing, particularly in sectors where market mechanisms are ineffective or missing Prioritize initiatives that can have a multiplier or catalytic effect as opposed to one-off impact. Objective To contribute significantly (30 per cent) to the overall target of skilling / up-skilling 500 million people in India by 2022, mainly by fostering private sector initiatives in skill development programmes and to provide funding.
Posted on: Sat, 03 Jan 2015 03:15:07 +0000
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