Skill Development Corporation to add more partners

The corporation has approved 139 partners, including 42 added last year, while it had offered training to 1 million individuals last year

Image
BS Reporter Chennai
Last Updated : Jun 23 2014 | 12:48 PM IST
The National Skill Development Corporation (NSDC) is planning to add 87 new partners to its list of associates besides increasing the skill-training to students three-fold to 3.3 million this year.

According to Dilip Chenoy, CEO and managing director of NSDC, the corporation is expected to add sectors including hydrocarbons, chemicals and petrochemicals, furniture and furnishing and sports in its scope.

Speaking to Business Standard on the sidelines of the 14th National Convention of National Institutions for Quality and Reliability here, Chenoy said, "The details of this year are yet to be finalised. However, NSDC has an internal target to train 3.3 million this year. We are looking at 87 new partners, creating additional capacity of 15-20 million this year," he said.

NSDC has approved 139 partners, including 42 added last year, while it had offered training to 1 million individuals last year.

"Earlier we had a challenge. People did not think we could do skill development in a sustainable manner. As the eco system started growing, people were getting more confident," he added.

On the funding requirements, he said, "We have in National Skill Development Fund over Rs 1,700 crore and have disbursed around Rs 607 crore over the past few years till March 2014."

According to the industry, the fate of the Cabinet Committee on Skill Development is not yet known.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 22 2014 | 8:29 PM IST

Next Story