Employment exchanges will not remain mere places where people register their names and begin an endless wait for a call for an interview for a job which, most often, may never happen.

TeamLease Services, a staffing solutions company, has joined hands with the government of Karnataka to set up the Karnataka Employment Center (KEC), the country’s first employment exchange based on a public-private partnership model. The KEC will deliver services covering registration, assessment, counselling, training, certification and placement. The nodal partner agencies on the government side for the initiative are the Department of Employment and Training, and Karnataka Vocational Training & Skills Development Corporation (KVTSDC).

Also Read   Related Stories News Now - KEC International bags orders worth Rs 610 cr - Shyamal Majumdar: Privatise employment exchanges - Power transmission: Homeward bound - KEC Intl sets up Rs 40 cr tower testing facility - Overhaul adds millions of US customers - ITC to expand Fortune footprint

Also Read   Related Stories News Now - Markets end flat - Turbulence ahead for airlines despite oil price drop - Weak rupee may bring cheer to NRIs, expats - LIC buys PSU stocks, sells pvt sector blue-chips in Q4 - Banks may lower deposit rates as inflation eases: Report More

The project is a convergence of training and employment. TeamLease has invested between Rs 75 lakh and Rs 1 crore on this project in setting up the infrastructure for the centre. It is expected to train and place over 2,000 candidates in the initial 12 months, with the capability to be expanded over time.

Manish Sabarwal, chairman, TeamLease Service, said, “The private sector alone cannot solve the problem of providing employment and training and so also is the case with the government.”

As a pilot project, TeamLease took over the operation and control of the employment exchange in Mangalore in November 2009.

S R Umashankar, IAS, Commissioner Employment & Training and Managing Director, KVTSDC, had said, “Given the scale of the issue and opportunities in the market, cooperation with and involvement of the private sector is a key requirement. “

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end flat - Turbulence ahead for airlines despite oil price drop - Weak rupee may bring cheer to NRIs, expats - LIC buys PSU stocks, sells pvt sector blue-chips in Q4 - Banks may lower deposit rates as inflation eases: Report

Tags : Employment exchanges | KEC | KVTSDC | TeamLease | Manish Sabarwal | S R Umashankar |   Read Business news in  Advertisements -  Journey on, We are by Your Side. Click here to know more -  2 Lac Apartments, 1 Lac House / Plots. Click here -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  The Best Seller is Also the No. 1 in Mileage. Click here -  Watch The Film Here. Click here to know more.. -  Leader in Passenger Car & Automobile Tyres. Click here -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  Learn How One City is Running on FOOD SCRAPS. -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  36 Lakhs can get you a pool of Luxuries. Click here -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More