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National Skill Development Corporation
(NSDC)

UNEVOC Centre (National Body) since 2018

National Skill Development Corporation India (NSDC), established in 2009, is a not for profit company set up by the Ministry of Finance, under Section 25 of the Companies Act, 1956 corresponding to section 8 of Companies Act, 2013. The prsent equity base of NSDC is Rs10 Crore of which the government of india through Ministry of Skill Development & Entrepreneurship (MSDE) holds 49%, while the private sector holds the balance 51%.

NSDC aims to promote skill development by catalyzing creation of large, quality and for profit vocational institutions. Further, the organisation provides funding to build scalable and profitable vocational training initiatives. It also develops appropriate models to enhance, support and coordinate privat esector initiatives. Its mandate is also to enable support systems which focuses on quality assurance, information systems and train the trainer academies either directly or through partnerships.

Highlights of NSDC activities:

• Creating robust training capacity in 29 Indian states & 4 Union Territories through the NSDC Partner Ecosystem - 560 districts have at least one NSDC Partner Centre
• Emerged as the implementation agency of choice for key governmeent of India skilling schemes such as Pradhan Mantri Kaushal Vikas Yojana (PMKVY), Udaan and National Urban Livelihoods Mission (NULM).
• Facilitated creation of 40 Sector Skill Councils consisting of over 450 representatives from Industry associations, Government and Academia - supporting employers to take lead in mapping Competency requirements
• Developed Competency Standards for Job Roles across Sectors - about 2100 Qualification Packs created
• Leading International Engagements for making skills transnational and enabling overseas movement of Indian workforce - collaborations with USA, UK, Australia, Canada, Germany Japan, France, Sweden and Denmark
• Collaboration with International Multilateral Organizations - World Bank, ADB, DFID, UNDP - on technical assistance, multi-lateral funding and other areas
• Mandated to conduct National and State level skill competitions across sectors; select and prepare the Indian contingent for participation in Worldskills Competition in Partnership with Companies, industry associations and skilling institutions

Mission

To fulfill the growing need in India for skilled manpower across sectors and narrow the existing gap between the demand and supply of skills.

Objectives

• Enhance, support and coordinate private sector initiatives for skill development
• Upgrade skills to international standards through significant industry involvement and develop necessary frameworks for standards, curriculum and quality assurance
• Play the role of a "market-maker" for skils
• To develop simple, easily understood "core" employability skills and competency standards
• Provide a common platform for collaboration amongst private sector employers, training providers and the labour force; create communication interlinkages among stakeholders
• To provide financial assistance to companies, industrial associations, NGOs, entrepreneurs engaged in skill development in various forms such as lonas, grants, guarantees, equity investments etc.

Regular tasks

• Implementation and monitoring of key skill development schemes on behalf of Government of India
• Conduct due dilligence and financing of sustainable, scalable, for profit vocational training programs/institutions through loans, equity or grants
• Create and enhance the efficiency of support systems which focus on Centre Accreditation & affiliation, standards & quality assurance, Technology/MIS & monitoring, Governance of Sector Skill Councils and train the trainer initiatives
• Create innovative models of engagement with the Industry; mobilize Industry funds/resources for skill development programs
• Engagement with states to provide support in implementing skill development programs
• Setting up of specialized skill institutes such as Pradhan Mantri Kaushal Kendras (PMKKs), India International Skill Centres (IISCs), Driver Training Institutes (DTIs)
• Implementing and coordinating specialized programs such as Japan Technical Intern Training Program (TITP)
• Conducting Research, impact assessment and market surveys; skill gap studies at local and international level for better planning of programs

Focus and interest

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