Page 7 - Skill Development

Explore new financing models for skill development: Ficci-KPMG report

The study pointed to emerging trends in skill financing such as private equity and venture capital investment, working capital financing for training partners

'Centre keen on recruit-train-deploy model for skilling scheme PMKVY 4.0'

Inviting training partners and India Inc to collaborate with the government on the Prime Minister's Kaushal Vikas Yojana 4.0, a top official on Wednesday said the Centre is keen on having a Recruit-Train-Deploy model for its flagship skilling scheme. Secretary in the Ministry of Skill Development and Entrepreneurship Atul Kumar Tiwari also called upon the industry to assist in designing some courses. "We would also like the training partners and industries to come together and work with us on the Prime Minister's Kaushal Vikas Yojana 4.0 in which we would like to have the RTD model. We would like industries also to come forward and help us in terms of designing some courses for them and funding some part of that so that they can skill people for their workforce," Tiwari said. He was addressing the Global Skills Summit organised by Ficci. Union Finance Minister Nirmala Sitharaman in her Budget speech this year announced that the fourth phase of the PMKVY 4.0 will be launched in orde

Naidu files bail petitions in court in Skill Development Corporation case

TDP chief N Chandrababu Naidu, who has been remanded to 14 days in judicial custody for his alleged role in a multi-crore Skill Development Corporation scam, has filed two bail petitions, interim and regular, in a local court. In the interim bail petition, Naidu denied all the allegations levelled against him and claimed that there was no prima facie evidence on record against him. "We have filed two petitions, one is for interim bail and another for regular bail. However, the hearing may not be done today (Friday)," advocate G Subba Rao, a member of Naidu's legal team, told PTI. Rao said the Crime Investigation Department is yet to file a counter to their bail pleas. Hence, he noted that the hearing may not come up on Friday. However, the CID has been served the notice and is yet to reply, the advocate said. The bail petitions were filed on Thursday at the ACB Court which remanded Naidu. Former Chief Minister Chandrababu Naidu was arrested in connection with a case involving ...

LIVE updates: PM Modi holds meeting after G20 summit with his staff

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G20 Declaration on skill gaps may propel India as global digital talent hub

According to experts, the other significant aspect of the G20 Declaration was committing to work towards creating skills-based migration pathways

LIVE: Eiffel Tower lights to go dark in tribute to Morocco quake victims

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G20 countries to focus on skill gaps, work and social protection policies

To prepare for the future of work, the leaders of the world's top economies welcomed efforts to map global skill gaps and the development of a G20 policy to address skill gaps globally

Education ministry, Meta partner on digital skilling, entrepreneurship

As past of the partnership 500,000 entrepreneurs will gain access to Meta's digital marketing skills training over the next three years

Skill development ministry partners with AWS India for cloud skill training

The Ministry of Skill Development and Entrepreneurship has collaborated with Amazon Web Services India to provide cloud skills training to 1,500 people, the company said on Tuesday. The initiative focuses on training 30,000 underprivileged youth, 50 per cent of whom will be women, it said. Secretary, Ministry of Skill Development and Entrepreneurship, Atul Kumar Tiwari, said, "The collaboration is crucial for those who need cloud computing skills... it will open up more opportunities for women to pursue tech careers.

Five tech skills make up 78% of hiring demands across industries: Report

A Quess report finds upward hiring trends in India's IT hubs as well as Tier I & II cities as remote work options become available in Q1FY24

30 SIICs to create industry-ready workforce: MoS IT Rajeev Chandrasekhar

The minister also highlighted how technology in India has served as a unifier, being inclusive in connecting the people with the government and its welfare measures

Ericsson, TSSC set up 'Center of Excellence' to train in 5G, emerging tech

Ericsson and Telecom Sector Skill Council on Wednesday launched a Center of Excellence to train students in 5G and emerging technologies. Around 300 students will receive training in the first year of the programme as part of the CoE (Center of Excellence) set up at the Delhi Skill and Entrepreneurship University (DSEU) in Okhla Phase II. The industry-approved training modules include 5G network engineering, handheld devices and Internet of Things (IoT) devices and systems and line assembly of telecom products. Students will be provided theory lessons and hands on practical training in the Skill Labs of the CoE. Telecom Sector Skill Council (TSSC) CEO Arvind Bali said "With the invaluable support of Ericsson, we have been able to establish a first-of-its kind Centre of Excellence for telecom in Delhi towards fulfilling this objective. The CoE is designed to maximize the learning potential of the local youth with a keen focus on inclusivity and technical skill development. We are ...

Nearly 90% youth trained at skill centre employed at Mopa airport: Goa CM

Nearly 90 per cent of students who underwent training at the Aviation Skill Development Centre (ASDC) are now employed at Manohar International Airport (MIA) in Mopa, Goa Chief Minister Pramod Sawant told the state legislative assembly on Tuesday. Responding to a question tabled by Pernem MLA Pravin Arlekar, the chief minister said while the objective of the ASDC is to train the youth of Goa to find employment in the industry, it does not, however, guarantee a job. A total of 1,032 youths underwent training at the ASDC, of which 991 have been absorbed to work at the MIA as on June 30, he said, adding that the trend may not continue in the future, as most of the vacancies at the airport are already filled. When MLAs Jit Arolkar (Mandrem), Venzy Viegas (Benaulim) and other legislators questioned ASDC's future, Sawant said that the centre will continue functioning with the introduction of new courses like hospitality. The youth of the state are getting skilled at the centre and will h

3 of 4 Indians fear technology will replace them unless they upskill: Study

Digital marketing, data analytics, finance, management and artificial intelligence (AI) are among the most sought-after topics for the professionals

Skill development ministry partners with AWS India to skill students in AI

The Directorate General of Training under Ministry for Skill Development and Entrepreneurship (MSDE) is collaborating with Amazon Web Services India to upskill students in emerging technologies. The free online programmes in cloud computing, data annotation, artificial intelligence (AI) and machine learning will be available on DGT's Bharat Skills Platform, Amazon Web Services (AWS) said in a release. AWS will also provide nominated education institutions under DGT with ready-to-teach cloud computing curriculum to prepare students for certifications and relevant roles in cloud, it added. Atul Kumar Tiwari, Secretary, MSDE said, Through this initiative with AWS...students from ITIs and NSTIs can gain in-demand skills and hands-on experience in important areas such as cloud computing, data annotation, AI, and ML(machine learning). The support AWS will provide to train the faculty in these technologies will be valuable and empower them to deliver better learning outcomes. Notably, DGT

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

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 i

G20 nations can undertake skill mapping at global level, find gaps: PM Modi

G20 countries can undertake skill mapping at the global level, find gaps that need to be plugged and also play a key role in promoting research and innovation, Prime Minister Narendra Modi said on Thursday. During a virtual address at the G20 Education Ministers' meeting in Pune, he stressed the need to strike the right balance between opportunities offered by technology and the challenges posed by it. At the meeting, the G20 ministers will formally accept the outcome documents, marking the culmination of the extensive deliberations carried out over the past several months within the education working group track. These outcome documents will serve as a roadmap for the international community, guiding coordinated actions to ensure inclusive and high-quality education for all learners. "G20 countries can undertake skill mapping at the global level and find gaps that need to be plugged. Digital technology serves as an equalizer and promotes inclusivity. It is a force multiplier in ...

'Pipeline of talent' needed for India, US to maintain growth momentum: PM

To maintain the momentum of growth, a "pipeline of talent" is needed for India and the US, Prime Minister Narendra Modi said at an event here to highlight the two nations' shared priorities around education and workforce. He was participating in the 'Skilling For Future Event' organised by the National Science Foundation (NSF) on Wednesday and his visit to the organisation was hosted by First Lady Jill Biden. The prime minister also highlighted the initiatives undertaken by India to promote education, research and entrepreneurship. "I am really happy to have got an opportunity to interact with young and creative minds here. India is working on several projects in collaboration with the NSF. I thank First Lady Jill Biden for planning and organising this event," Modi said. Explaining the skilling mission of his government, Modi said for the bright future of youngsters, it is important to have education, skill and innovation, and India has worked in this direction. The National Educa

Skill Impact Bond: Initiative skilled nearly 18,000 first-time job seekers

The initiative has skilled nearly 18,000 first-time job seekers, 72% of whom are women

Skill-Lync partners with TN Skill Development Corp to train 10,000 students

Ed-Tech platform Skill-Lync on Wednesday announced that it will train 10,000 students in partnership with the Tamil Nadu government. The company has so far trained up to 3,640 students from 364 colleges under the 'Naan Mudhalvan' programme, launched by the Tamil Nadu government, it said in a statement. Through this partnership, Skill-Lync provides its customised 19 professional course called Industry 4.0, which upskills students on emerging technology and helped optimise manufacturing across the industry. This partnership is accomplished in three phases, Faculty Development Programme (FDP), online learning and offline training, under which it has trained the students across Tamil Nadu in 105 colleges. "Our partnership with the Tamil Nadu government for Naan Mudhalvan scheme is a significant milestone. This allowed us unprecedented scale to improve the employability of engineering students by providing them with industry-relevant technologies. "Our vision of enabling students with