Aimed at enhancing skill training among youth in BFSI sector, Ministry of Skill Development & Entrepreneurship’s executive arm National Skill Development Corporation (NSDC) has joined hands with Dewan Housing Finance Corporation Limited (DHFL).
Under the collaboration, NSDC’s affiliated training partners will conduct trainings in Banking and Financial Services, especially tailored for selected youth from the unprivileged background at DHFL’s state-of-art-centre in Mumbai.
Elaborating on the partnership, that as per NSDC is targeted towards bridging the need of aspirants who are deprived of opportunities due to financial constraints and those who are unable to access ‘new economy’ jobs, Manish Kumar, NSDC MD & CEO, said, “NSDC is focused on creating an inclusive society with training and development opportunities for all, including women. Private sector contribution in this endeavor is critical, as it would help us in scaling up the vocational training ecosystem in India and improving livelihood opportunities for our youth.”
With an objective to strengthen the skill development ecosystem, the collaboration entails a target of 800 candidates belonging to unprivileged and vulnerable families to be trained in one year, an official statement released by NSDC said.
As part of the initiative, NSDC’s training partners shall be responsible for the training process, including mobilisation of the trainees, their retention, conducting the training programs by qualified trainers and placement of certified candidates. NSDC will also ensure engagement with the potential candidates to support them with self-employment opportunities in the sector. Further, NSDC will also work closely with Banking, Financial Services and Insurance Sector Skill Council (BFSI SSC) to provide support for content, curriculum, mapping of current industry demands and will ensure compliance according to National Skills Qualifications Framework (NSQF).