National Skill Development Corporation (NSDC)
The National Skill Development Corporation (NSDC) is a non-profit public limited company established in 2008 under the aegis of the Ministry of Skill Development and Entrepreneurship (MSDE), Government of India. NSDC's primary objective is to promote skill development initiatives across various sectors, fostering employability and entrepreneurship among Indian youth.
Key Objectives:
- Skill Development: Facilitate skill training and development initiatives across various sectors.
- Employment: Enhance employability and facilitate placement opportunities for trained candidates.
- Entrepreneurship: Promote entrepreneurship and self-employment opportunities.
Key Functions:
- Sector Skill Councils (SSCs): Establish and support SSCs to develop industry-relevant skill standards and training frameworks.
- Skill Training: Fund and support skill training initiatives through various models, including vocational training, apprenticeships, and recognition of prior learning.
- Affiliation and Certification: Affiliate training providers and certify skilled candidates.
- Research and Development: Conduct research and development activities to improve skill development initiatives.
Key Initiatives:
- Pradhan Mantri Kaushal Vikas Yojana (PMKVY): A flagship skill development scheme of the Government of India, implemented in partnership with NSDC.
- National Occupational Standards (NOS): Develop industry-relevant skill standards for various sectors.
- Skill India Mission: A national initiative to skill millions of Indian youth by 2025.
Impact:
- Millions Trained: Over 30 million candidates trained through NSDC-supported initiatives.
- Industry Partnerships: Collaboration with numerous industry partners to ensure industry-relevant training.
- Employment Opportunities: Significant placement and self-employment opportunities created for trained candidates.
Key Partners:
- Government of India: Ministry of Skill Development and Entrepreneurship (MSDE) and other central government ministries.
- Industry Partners: Various industry associations, companies, and sector skill councils.
- Training Providers: Affiliated training providers, including vocational training institutes, ITIs, and polytechnics.
In conclusion, the National Skill Development Corporation plays a pivotal role in promoting skill development initiatives across India, fostering employability, entrepreneurship, and economic growth.
