TN skill development centre eyes to create 10,000 new jobs in BFSI segment

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Tamil Nadu Skill Development Centre has drawn up plans to generate 10,000 jobs in the banking and financial services sector under the government's 'Naan Mudhalvan' scheme.

Industry leaders engaged in the BFSI sector at a recent round table meeting extended their support to the state government's skilling initiatives to train the youth and college students.

Naan Mudhalvan CEO (Tamil Nadu skilling and capability enhancement platform) M Jayaprakasan, chief mentor Sai Reddy highlighted the need for scaling up the BFSI sector at the meeting.

"We want you to enter colleges, and do skill-based courses. We are more interested in course objectives, course outcomes, and skills imparted... the government is keen in making Tamil Nadu the skill capital for the region", Jayaprakasan said.

Under the 'Naan Mudhalvan' initiative, he said over 10,000 students underwent various skilling courses in the banking, financial services, and insurance sector.

"Over 4,000 of them got placed and the process is continuing."

The chief executive officer of non-banking finance company Sundaram Finance Rajiv C Lochan said the economy was growing fast and so did the financial services sector.

"This meant a lot of money flow was happening across business transactions. Besides domain and business skills, the youth should also be imbibed with values of integrity and doing business ethically," he said.