Airtel Payments Bank Ltd has joined hands with National Skill Development Corporation (NSDC) in a bid to train and skill youth from rural areas on financial services, helping them to find jobs and become entrepreneurs in the sector, said the payments bank said in a statement.
The alliance aims at ensuring targeted skill development programmes for rural youth that will aim on adoption of tools for boosting online banking and digital financial services at a time when the smartphone market is emerging and usage of 4G has inflated due to stay-at-home induced due to Covid-19.
“India has the largest youth population in the world and a large proportion is residing in small towns and villages of the country. We are delighted to partner with NSDC to empower our youth and build a financially inclusive India,” said Anubrata Biswas, managing director and chief executive officer (MD & CEO) of Airtel Payments Bank.
Once the training of the youth for entry-level for jobs such as business correspondent, field sales executive, among others, is done, Airtel Payments Bank and NSDC will be leveraging their industry connections to help participants find jobs, the statement said.
Airtel Payments Bank and NSDC will also be encouraging trainees to take up entrepreneurial roles such as distributors or resellers of financial services, which will lead to creation of more jobs in their local geographies.
Airtel Payments Bank will also use NSDC’s training centres to conduct awareness campaign on the importance of digital banking and its benefits.
“Through our strategic partnership with Airtel Payments Bank, we aim at imparting the youth with knowledge and training that render financial and banking services more accessible to rural and semi-urban India,” said Manish Kumar, MD & CEO, NSDC.