Everything You Need To Know About NSDC

The NSDC or National Skill Development Corporation was established on 31st July 2008 under section 25 of the companies act of 1956. It is a non-profit organization. The initiative is a Public-Private Partnership Model (PPP) set up by the Ministry of Finance. The PMKVY is one of the most popular schemes under this initiative. 

The main aim of NSDC is to provide skill development training to more individuals at a large scale by creating and catalyzing institutions of high quality that work for a profit. NSDC provides funding for building these profitable institutions. Another one of its aims is to enable support systems that provide quality assurance, training the trainer and other information systems. NSDC is the main catalyst for providing funding to companies, organizations and enterprises that provide skill training. 

The AISECT-NSDC partnership dates back to 2012. It started with the aim of training 13 million young people by the year 2020 by providing them with skills training courses. There were nine major sectors that were identified for training purposes. These are the following sectors.

  • Hardware and Networking
  • Livelihood & Vocational Training
  • Financial Services & Insurance
  • Banking
  • Marketing and Retail
  • Apparel and Fashion Design
  • Tourism & Hospitality
  • Beauty & Wellness

The identification of these sectors was based on which sectors required the most in terms of manpower, and the strengths of AISECT. As soon as an individual finds a training centre after selecting a skill, they can start their training immediately. After the training is completed, they can find employment in the same field. 

There is a shortage of manpower in India, which is why this initiative was established. Here are some of the reasons for the manpower shortage.

  • There are a large number of people who do not have employable skills
  • The Indian education system focuses on rote learning. This kind of learning is not beneficial for the overall development of the students
  • There is a diversity in the kind of skills that need to be developed
  • There is also a strong mismatch between the kind of workers available. Over 90% of India’s workforce consists of casual workers, which leads to a shortage of skilled labour. This mismatch needs to be sorted by providing vocational training to the workers
  • The result of more skilled workers would be an increase in the overall productivity, as more people would get employed in areas where employment is required. 
  • The initiative has a vast target population. People belonging to different backgrounds need to be trained
  • There has to be a change in the perception related to vocational training
  • Since most of the skills tend to be male-centric, there are a lot of gender disparities that need to be tackled. The exclusion of women is a challenge that needs to be met

Here are the objectives of the AISECT-NSDC partnership

  • Expansion of skilling and training facilities especially in the backward areas of Madhya Pradesh, Chhattisgarh, Jharkhand, Bihar, Rajasthan, Uttar Pradesh, Orissa, Maharashtra and Punjab, after which there would be an expansion all across the country. 
  • To improve the skill and the quality of training, massive train-the-trainer events are held. The focus of these is to upskill these trainers by teaching them about modern technologies.
  • To utilize the nearly 6,000 Common Service Centres (CSCs) set up by AISECT at the Panchayat Level across Madhya Pradesh, Chhattisgarh & Punjab for skilling youth.
  • To support the skill development training programs by providing placement services both online and offline to the trained manpower.
  • To expand and develop the AISECT Content Creation Center as the backbone of the ongoing skill development efforts.

With these efforts, the AISECT NSDC partnership aspires to provide employment opportunities to the talented youth of India. For more information, visit www.aisect.org