As a Public-Private Partnership (PPP) model, the Indian Finance Ministry founded the National Skill Development Company. The Indian Government established NSDC to provide a trained workforce in various sectors of the economy.
The essential information on the National Skill Development Corporation for UPSC and other competitive exams is included in this article. The comprehensive list of governmental programs in India, vital for general awareness and the current affairs section of many competitive tests, can be found on the linked webpage.
The Government uses other financial support mechanisms to fund it. Individuals and organizations in all sectors, including vocational training, education, and employment services, can benefit from NSDC training programs. Its objectives are to boost India’s economy while improving its citizens’ lives.
What Is NSDC?
NSDC is a national skill development corporation in India with an annual budget of Rs 1,000 crore. It oversees programs on skill development that focus on women workers, youth, and the differently abled.
The NSDC has been set up to build the workforce’s capacity for national economic development and social justice. It aims to contribute to national development by creating opportunities for all and making India a global hub of excellence in skill development.
The NSDC is headquartered in New Delhi and operates across 18 states/union territories, employing about 10,000 people.
History Of National Skill Development Corporation:
NSDC was established in 2008 by the Indian Finance Ministry to benefit vocational training groups and support skill development. Following the Goods and Services Tax announcement, it collaborated with the Institute of Company Secretaries of India.
To supply the corporate sector with force in accounts, they trained over 100,000 people as GST specialists. NSDC has trained over 5.2 million people throughout the years. Moreover, it established 38 Sector Skill Councils (SSC) in different sectors and created 235 corporate collaborations.
The main goals of NSDC are to train and develop abilities in partnership with participants from significant enterprises, using worldwide norms. Create curriculum, quality assurance, and training standards framework foundations.
With the support of appropriate Public-Private Partnership models, encourage, amplify, and coordinate private sector firms for skill development. Endeavour significant engagement in private sector skill development projects, especially financially and operationally.
In sectors with few market mechanisms, bring financing as a market maker. Rather than single-time interventions, focus on initiatives with a catalytic or multiplying effect.
Objectives Of The NSDC:
The NSDC’s goals are as follows:
1. By understanding various sectors’ present and future skill needs, the NSDC aims to bridge the skill gap in India. It strives to build a skilled labour force that can meet the demands of these industries. In addition, the NSDC is responsible for training a pool of instructors who can serve the staff better. By building an ecosystem that supports skill growth, the NSDC encourages skill growth. It aims to build training infrastructure, offer access to training programs, and create job prospects for the skilled workforce.
2. By collaborating with private sector firms to create and administer skill development initiatives, the NSDC encourages personal sector involvement in skill creation. In addition, it helps establish training infrastructure and run training programs for these businesses. The NSDC funds skill development projects through its numerous schemes and initiatives. Individuals who want to participate in skill training programs may also receive financial assistance. The NSDC encourages the development of new and innovative training methodologies to promote innovation in skill development. It also fosters e-learning and virtual training programs to facilitate the use of technology in skill development.
3. By developing criteria for training and assessment, the NSDC ensures that the quality of movement is maintained. It also conducts audits and evaluations to ensure the training provided is adequate. The NSDC develops National Occupational Standards (NOS) for numerous job roles. These criteria guide the creation of training programs that meet the industry’s needs and define the expertise, skills, and attitudes required for various job posts.
Pillars Of National Skill Development Corporation:
The organization has identified three main pillars that form the basis of its operations:
1. Create: Catalyze the development of extensive, outstanding vocational training institutions.
2. Enable The development and maintenance of skill-building support systems. Sector Skill Councils, which are led by industry, are included in this.
3. Fund: Patient capital is provided to reduce risk. Grants and equity are included in the total.
Partnerships Of National Skill Development Corporation:
- Private sector: Awareness building, capacity development, loan financing, Sector Skill Council creation and operations, assessment leading to certification, employment generation, Corporate Social Responsibility, World Skills competitions, and participation in Special Initiatives like Udaan focused on J&K are all examples of private sector activities.
- University systems: Vocationalisation of education, development of credit systems, entrepreneur creation, and other aspects are examples of university systems.
- Non-profit organizations: Capacity building for marginalized and special populations, development of livelihoods, self-employment, and entrepreneur programs are all examples of non-profit groups.
- International Engagement: Investment, technical assistance, international standards, and international jobs are the only topics covered.
- Central Ministries: Make in India, Swachh Bharat, Pradhan Mantri Jan Dhan Yojana, Smart City, Digital India, and Namami Ganga are just a few of the flagship initiatives Central Ministries participates in.
- Innovation: Assistance for early-stage social entrepreneurs developing novel business models to fill gaps in the Skills Ecosystem, such as programs for persons with impairments.
- State Governments: Program and scheme development, NSQF alignment, and capacity building are all examples of state governments’ responsibilities.
Schemes Under National Skill Development Corporation:
1. Pradhan Mantri Kaushal Vikas Yojana (PMKVY):
The NSDC’s PMKVY program aims to help young Indian people gain new skills. It was founded in 2015 and has taught tens of millions of individuals from various industries. The program provides certification upon completing short-term training courses in over 40 industries. In addition, the PMKVY provides trainees with career guidance.
2. Udaan:
The PMKVY’s Udaan initiative is aimed at the youth of Jammu and Kashmir, and it is a unique initiative. The project aims to develop young people in the state’s abilities and provide them with jobs. Training in hospitality, healthcare, and tourism are among the programs offered.
3.Pradhan Mantri Kaushal Kendra (PMKK):
The Ministry of Skill Development and Entrepreneurship (MSDE) has launched the construction of a state-of-the-art, visible, and aspirational model training facilities in every district of India, ensuring coverage for all parliamentary constituencies as part of the Skill India Mission. The “Pradhan Mantri Kaushal Kendra” (PMKK) is the name given to these model training facilities.
4. India International Skill Centres (IISC):
By taking advantage of the demographic dividend of young Indian workers, the Government of India intends to address the worldwide labour shortage in the coming years. The “Skill India” Mission has established the India International Skill Centre (IISC) to provide skill training and certification benchmarked to international standards to achieve this goal.
Pre-Departure Orientation Training (PDOT):
PDOT program was established in response to the requirement of orienting prospective migrant workers regarding language, culture, and do’s and don’ts in the final nation.
Achievements:
- There are more than 5.2 million kids who attend the programs.
- Throughout ten years, there have been 235 private-sector collaborations for instruction and capacity development, with at least 50,000 people being trained.
- Services, manufacturing, agriculture, allied services, and the informal sectors have all received approval from the Sector Skill Councils (SSC). There are 19 of the Government’s 20 highest-priority industries and 25 of India’s Make in India initiative categories.
- 6,744 distinct National Occupational Standards (NOS) are included in the 1386 Qualification Packs. Over 1000 businesses have confirmed these findings.
- Over 2400+ schools, two boards, and over 2.5 lakh students benefit from vocational training launched in 10 states. National Occupational Standards (NOS) and SSC certification form the curriculum. To align education and training to NSQF, the NSDC collaborates with 21 universities and community colleges under UGC/AICTE.
- Pradhan Mantri Kaushal Vikas Yojana is the country’s most extensive voucher-based skill development program and has a designated implementation agency.
- With 1400 training partners, 28179 training sites, 16479 instructors, 20 Job portals, 77 assessment agencies, and 4983 empanelled assessors, the Skill Development Management System (SDMS) is the most comprehensive. ISO 20000/27000-certified hosting infrastructure, as well as trained personnel, are available.
NSDC Course:
The following skill sectors, which NSDC oversees, offer different courses and certificates:
- Aerospace and Aviation Sector Skill Council
- Automotive Skills Development Council
- BFSI Sector Skill Council Of India
- Domestic Workers Sector Skill Council
- Construction Skill Development Council of India
- Agriculture Skill Council of India
- Beauty & Wellness Sector Skill Council
- Electronics Sector Skills Council of India
- Apparel Made-Ups & Home Furnishing Sector Skill Council
- Capital Goods Skill Council
Frequently Asked Questions:
The NSDC is a not-for-profit organisation that works on a public-private partnership (PPP) basis.
Both free and paid courses are available through the NSDC (National Skill Development Corporation). Access to free lessons may be limited depending on the program and training provider.
NSDC is a not-for-profit organization founded as a public-private collaboration (PPP) model.
Ved Mani Tiwari, the company’s Managing Director, oversees the National Skill Development Corporation (NSDC).
The NSDC certificate is helping with government jobs. Many government departments and organizations are now recognizing the NSDC certification as a criterion for recruitment.
Conclusion:
The Indian Finance Ministry created the National Skill Development Corporation (NSDC) to supply a skilled workforce in several areas of the economy, using a Private-Public Collaboration model.
Since it provides comprehensive knowledge on Indian governmental initiatives that may be relevant to widespread public knowledge and current affairs, NSDC is especially valuable for UPSC and other competitive exams.