Government of India has a special focus on skill development to improve the employability and productivity of the workforce. In India, there are several Ministries implementing skill development programmes to train the youth. To coordinate and integrate skill development efforts across the country, National Skill Development Corporation (NSDC) was set up as a not-for-profit public limited company. NSDC was set up by the Ministry of Finance as a Public Private Partnership (PPP) model.
The National Skill Development Corporation (NSDC) has been mandated to catalyze the creation of large, high-quality vocational institutions, provide funding to build scalable and profitable vocational training institutions, and to enable support system that focuses on quality assurance, information systems and train the trainer academies, either directly or through partnerships.
Presented below are skill development programmes and initiatives across various sectors.
Seekho aur Kamao (Learn & Earn) is a scheme implemented by the Ministry of Minority Affairs for J&K and Ladakh, aimed at the skill development of minorities. The scheme entails upgrading the skills of minority youth in various modern/traditional skills depending upon their qualification, present economic trends, and market potential, which can earn them suitable employment or equip them with skills to opt for self-employment.
SWADES aims to create a database of qualified citizens based on their skill sets and experience to tap into and fulfil demand of Indian and foreign companies. The collected information will be shared with companies for suitable placement opportunities in the country.
The YUVAK scheme is intended to provide a Financial Grant for conducting a Study Tour of ATAL TUNNEL by Students/faculty of AICTE approved Institutions in the field of technical education.
The SSPCA scheme aims to provide travel assistance and registration fees to a team of minimum 2 to 10 students for attending competitions at international level in order to encourage engineering students to improve their field of technical education.
Smart India Hackathon is a nationwide initiative to provide students a platform to solve pressing problems that they face in their daily lives, and thus inculcate a culture of product innovation and a mindset of problem solving.
The main objective of the scheme is to nurture an innovation ecosystem that benefits the technologically deficient MSMEs and technical institutes both. 408 Small and Medium Enterprises have provided requirements for 738 Technology students.