India, Iran partners for skill development

Image
IANS New Delhi
Last Updated : Jul 06 2014 | 8:30 PM IST

India's state-run National Skill Development Corporation (NSDC) Sunday signed an agreement with Iran's Technical and Vocational Training Organisation (TVTO) to jointly collaborate in skill development.

"This is an exclusive initiative to enhance collaborations in skill development in both the countries and share working models and experiences," NSDC chief executive Dilip Chenoy said on the occasion here.

Set up in 2010 by the union finance ministry under public-private partnership, with 51 percent equity by the private sector and 49 percent stake of the central government, NSDC is mandated to impart skill to 150 million Indians by 2022.

Iranian deputy minister Kourosh Parand, who is leading an 11-member delegation here, signed the agreement and discussed skill partnership with Chenoy and other officials.

"Our partnership with India will focus on innovative approach to address skills shortage in both the countries, and explore long-term solutions for young people entering the workforce," Parand said.

Run as a not-for-profit firm, the corporation has 2,011 training centres in 335 districts across the country, with 136 training partners and 31 sector skill councils.

As part of the agreement, NSDC will support TVTO in setting up a vocational education and training system, conduct skill gap studies in various sectors and across geographies, setting up of sector-skills councils, creation of national occupational standards and launching of special projects.

"The sector skill councils will impart skill in construction, agriculture, handicraft, textiles, apparel, capital goods, automotive, IT-ITeS, healthcare, hydrocarbons, security, plumbing, electronics, mining, telecom, aviation and aerospace, food processing and hospitality," Chenoy said.

Affiliated to the ministry of cooperatives, labour and social welfare, TVTO was founded in 1980 by integrating three training organisations to implement training through public and private sectors across Iran.

*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: Jul 06 2014 | 8:24 PM IST

Next Story