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National Skill Development Corporation launched | Union Finance Minister Pranab Mukherjee on Tuesday launched the National Skill Development Corporation (NSDC), which has been mandated to skill 30 percent of the overall target of 500 million people
by the year 2022. It is a unique Public-Private Partnership (PPP) enterprise,
which has been incorporated as a not-for-profit organization under Section 25
of the Companies Act, 1956 by the Ministry of Finance, and formed as 51:49 shareholding
of private and Government. “The important role assigned to NSDC consists of harnessing
the energies of the private sector in supplementing the efforts being made by
various Government entities. The specific mandate of the NSDC is to stimulate
and co-ordinate private sector initiatives in the skill development sector, with
a view to realizing the core vision of the Prime Minister’s Skill Development
Council,” Mukherjee said. “The vision outlined by the Prime Minister’s Council
calls for serious up-scaling of the skill development targets. Hence, as against
40 million people currently, who have received any kind of formal or non-formal
training, the vision envisages creation of a pool of 500 million skilled people
by 2022,” he added. Mukherjee further said that the vision also emphasizes a high
degree of inclusivity, which shall effectively deal with the current divide prevailing
in our society, such as gender, rural and urban, organized and un-organized employment.
He also highlighted that in order to achieve the mission outlined in the vision,
it has become crucial for the Government to engage with the private sector, through
long-term partnerships to achieve synergy in delivery and implementation. |
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