Page 3 - Skill Development

Odisha on path to become leader in skill development, says CM Majhi

Odisha Chief Minister Mohan Majhi on Monday said the state is on track to become a leader in skill development. He made the announcement while congratulating two local youths for their outstanding achievements at the 47th World Skills Competition held in Lyon, France, from September 10 to 15. The two youths are Amaresh Kumar Sahu and Gedela Akhil. Sahu earned a bronze medal in renewable energy, while Akhil received a medallion for excellence in water technology, bringing pride to Odisha on the global stage. Praising the achievements, Majhi in a statement said, "The accomplishments of our skilled youth at the World Skills Competition are a source of immense pride for Odisha. Their success exemplifies the state's commitment to nurturing young talent and developing skills that meet global standards." He also noted that these victories would inspire many others to aim for excellence on a global platform. The Chief Minister also acknowledged the contributions of the institutions that .

MSDE, Swiggy tie up to provide skilling, employment opportunities

The Ministry of Skill Development and Entrepreneurship and Swiggy on Saturday launched an initiative to provide skilling and employment opportunities within Swiggy's food delivery and the quick commerce network. The partnership will benefit 2.4 lakh delivery partners and staff of restaurant partners associated with Swiggy. The initiative will provide employment, internship and training opportunities for people in restaurant operations, and various aspects of retail management. Under the Swiggy Skills initiative, its delivery partner platform will be integrated with Skill India Digital Hub (SIDH), providing access to online skill development courses, certifications, and training modules to Swiggy's workforce. Jayant Chaudhary, Union Minister of State (Independent Charge) for Skill Development and Entrepreneurship (MSDE), said, "Today's partnership showcases how public private partnerships can accelerate and create new avenues for the workforce in the (logistics) sector. There are hu

K'taka okays Rs 100 cr 'Nipuna Karnataka' scheme after local job quota row

The 'Nipuna Karnataka' programme, which includes a Rs 10 crore pilot project, is aimed at boosting the global competitiveness of state's young workforce

How B-schools can shape your career in finance

In this episode of Manager's Mantra, we are joined by Mr. Vishal Bajaj, CA, CS, and MBA, who is the Director - Wealth at Client Associates, a leading wealth management firm.

Upgrading ITIs: Need to make vocational training truly aspirational

A ranking system may encourage private-sector ITIs to improve. But to be meaningful, the starting point needs to be convincing more young people to enrol and getting better job placement guarantees

Soon, NIRF-like ranking for nearly 15,000 ITIs to boost skilling quality

According to government data, as of now, nearly four out of five ITIs are privately run in the country

WB, Telangana govt discuss partnerships in skill development, Net Zero

World Bank backing would give a massive boost to several of the key visions of Chief Minister Revanth Reddy

Will finalise guidelines for upgrading ITI scheme by September-end: Tiwari

He explains the idea behind the scheme and the challenges ahead

Plugging the gap: Will upgrading 1,000 ITIs solve the skilling challenge?

As India upgrades 1,000 ITIs under a new government initiative, questions remain about whether these efforts will be enough to address the skill gap and improve employability among the youth

Union Budget 2024-25 significant milestone for country, says Sicci

The Union Budget 2024-25 is a significant milestone for India, with its focus on skills development, higher education, and the empowerment of youth and women, said the Singapore Indian Chamber of Commerce and Industry (SICCI) on Wednesday. "These initiatives are crucial in preparing the Indian citizenry to tackle the economic challenges of the future," SICCI Chairman Neil Parekh said, commenting on the latest financial package designed to drive the Indian economy forward. "SICCI lauds these efforts announced by India's Finance Minister Nirmala Sitaraman. It commends the Indian government under the leadership of Prime Minister Narendra Modi for its foresight in preparing the younger generation to take India to even greater heights," said Parekh. The Budget has allocated Rs 1.48 lakh crore for education, employment, and skill development initiatives in the country, demonstrating the government's commitment to empowering the youth and enhancing their skills for better employment ...

World Youth Skills Day 2024: Date, history, significance, theme and more

World Youth Skills Day is observed every year on July 15, and was recognised by the United Nations in 2014

Suzuki Motor unveils Rs 340 crore fund to support social impact startups

Japanese automobile firm Suzuki Motor on Thursday launched its first investment fund in India--Next Bharat Ventures--a Rs 340 crore fund dedicated to fostering impact entrepreneurs who create value in Tier-II and below geographies. This Suzuki initiative aims to support social impact startups in the domains of agriculture, financial inclusion, rural supply chains, and rural mobility, through a residency programme. "Next Bharat will invest in growth-stage impact firms and early-stage impact entrepreneurs through its flagship residency programme. In order to improve synergy among our early-stage portfolio, We do Fund of Fund operations, investing in Indian Early Stage Venture Capital firms, this investment will also help in establishing strong strategic synergies for the Next Bharat Impact Fund," Next Bharat CEO and MD Vipul Nath Jindal told PTI. During the 4-month hybrid residency programme, selected impact entrepreneurs will receive extensive mentorship, access to resources, and ...

HCLTech, IBM join hands for GenAI centre to provide tailored AI solutions

IT services company HCL Technologies and tech giant IBM on Tuesday announced a new collaboration to establish a Generative AI Centre of Excellence. Alongwith IBM, HCLTech aims to train 10,000 of its engineers and architects in IBM's AI technologies, specifically 'watsonx'. IBM's watsonx is an Artificial Intelligence (AI) and data platform built for business. According to a release, the centre will be available through HCLTech's AI and cloud native labs in Noida, London and New Jersey and Santa Clara in the US. It will help enterprises modernise legacy applications, develop IT service management use cases, reduce coding complexity, improve skill development on the watsonx platform and enable continuous innovation. "This expansion of our work with IBM will facilitate rapid exploration of AI's potential as we create highly differentiated HCLTech offerings using the latest IBM technology. We plan to embed watsonx in HCLTech AI Force with GenAI-powered solutions to support code ...

Skills, financial support, AI access key challenges for tech MSMEs: Nasscom

Around 94% of tech MSMEs acknowledged AI's ability to drive business growth, and 87% showed confidence in AI's potential to improve overall productivity in their enterprises

More people want to switch jobs now than in 'Great Resignation': PwC survey

According to the consultancy's '2024 Hopes and Fears' survey, 28 per cent of workers said they are 'extremely or very likely' to change their employers

Centre plans to hold training for states on labour code sensitisation

The workshop aims to prepare states for the nationwide rollout of the labour codes, ensuring readiness and preempting legal challenges in the process

Skill ministry to train 150K women under PMKVY in first 100 days

Along with skilling, MSDE will concentrate on promoting apprenticeship in the country, with around half a million new apprentices being engaged

Need to put more capital in hands of private sector: EY India chairperson

Memani talked of stepping up manufacturing and skilling

IndiaSkills competition expects to send 58 entrants to Lyon for world event

Biannual WorldSkills Competition is considered the Olympics of international skilling events

PM Vishwakarma: At 68%, women beneficiaries outshine men in skill training

The initiative has provided training to 350,000 individuals so far, of which 240,000 (68.76%) are women, and 110,000 (31.3%) are men