Skill Development Corpn to be rejigged; CEO, COO resign

The National Skill Development Corporation (NSDC), a body promoting skill development, is in for a major shake-up with its managing director and CEO Dilip Chenoy and COO Atul Bhatnagar putting in their papers.
According to sources, Chenoy and Bhatnagar who were appointees of the previous UPA government, submitted their resignations to Chairman of NSDC's Board of Directors S Ramadorai.
The Board chairman Ramadorai was not available for comments immediately while several attempts to reach out to Chenoy did not bear results.
Sources said that the government, which has taken the skill development initiative on top priority, was not happy with the functioning of the Corporation as it was not in pace with the demand and was lagging in strengthening private partnership that was not shaping up.

Union Minister of State Skill Development and Entrepreneurship (Independent Charge) was also not available for comments as he was said to be campaigning for Bihar polls.
The Narendra Modi government has laid major emphasis on skill development and wants to create skilled manpower that could not just be of use within the country but also abroad.

Sources said there were reports from the industry being unhappy for not ushering in more private partnership in the skill development initiative.
They said that NSDC was lagging behind on the ambitious programme of creating eco-system for skills and industry bodies were not happy with the sector skills councils of NSDC.

NSDC facilitates or catalyses initiatives that can potentially have a multiplier effect and the approach is to develop partnerships with multiple stakeholders and build on current efforts.
It aims at scaling up efforts necessary to achieve the objective of skilling/up-skilling 150 million people by 2022.
The National Skill Development Corporation, (NSDC) is a one of its kind, Public Private Partnership in India. It aims to promote skill development by catalysing creation of large, quality, for-profit vocational institutions.
It also acts as a catalyst in skill development by providing funding to enterprises, companies and organisations that provide skill training.
It was set up as part of a national skill development mission to fulfill the growing need in India for skilled manpower across sectors and narrow the existing gap between the demand and supply of skills.

Former Finance Minister P Chidambaram had set up the Corporation while noting that there is a compelling need to launch a world-class skill development programme in a mission mode that will address the challenge of imparting skills required by a growing economy.