SSC
Sector Skill Councils
Since its inception, one of the major pillars of NSDC’s strength are Sector Skill Councils (SSCs), which play a vital role in bridging the gap between what the industry demands and what the skilling requirements ought to be.
The National Occupational Standard is one of the most significant contributions of NSDC to India’s skilling ecosystem – something that was made possible by the SSCs, which are national partnership organizations that bring together all the stakeholders – industry, labour and the academia.
The SSCs operate as an autonomous body and could be registered as a Section 8 Company, or a Society. NSDC is mandated to initiate and incubate SSCs with initial seed funding to facilitate their growth and enable them to achieve self-sustainability in a time bound manner
The Ministry has been actively engaging with these SSCs.
- Ministry of Skill Development & Entrepreneurship under the Chairmanship of the Hon’ble MoS (I/C) held meetings with all the Sector Skill Council (SSC) in the month of January, 2018 to integrate them into the National Agenda on Skilling.
- The Ministry also organized meetings at the Joint Secretary level with the line Ministries of Sector Skill Councils like Food Processing, Healthcare, Agriculture, IT/ITeS, Telecom, Retails etc. to align the activities of the SSC completely with these Ministries.
- The Ministry, along with NSDC and Sector Skill Councils, organized sectoral workshops on Apprenticeship.
- The Ministry has issued a notification that enables SSCs to join the list of non-statutory bodies which issue nationally recognised skills certificates.
PMKVY
What is PMKVY?
Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship scheme of the Ministry of Skill Development & Entrepreneurship (MSDE) implemented by National Skill Development Corporation. The objective of this Skill Certification Scheme is to enable a large number of Indian youth to take up industry-relevant skill training that will help them in securing a better livelihood. Individuals with prior learning experience or skills will also be assessed and certified under Recognition of Prior Learning (RPL).
About PMKVY 3.0
With an aim to empower country’s youth and continue the journey of Skill India Mission in building India as the skill capital of the world, the Ministry of Skill Development and Entrepreneurship (MSDE) launched the third phase of its flagship scheme — Pradhan Mantri Kaushal Vikas Yojana (PMKVY 3.0) on 15 January 2021. PMKVY 3.0 will encourage and promote skill development throughout the country to address industry needs, meet market demands and impart skills in services and in new-age job roles that have become crucial with the advent of COVID-19 pandemic. Incorporating the learnings from PMKVY 1.0 and PMKVY 2.0, PMKVY 3.0 will be implemented in a more decentralised structure with greater responsibilities and support from States/UTs and Districts. District Skill Committees (DSCs), under the guidance of State Skill Development Missions (SSDM), shall play a key role in addressing the skill gap and assessing demand at the district level. The new scheme will be more trainee and learner centric addressing the ambitions of Atmanirbhar Bharat.
The scheme aims to benefit over eight (08) lakh candidates in FY 2020-2021 with a budget of INR 948.90 crores while targeting the youth under the age group of 15-45 years. The scheme will have two components — Central Component to be implemented by National Skill Development Corporation (NSDC), Directorate General of Training (DGT) and other agencies of the Central Ministries and the State Component to be implemented by State Skill Development Missions (SSDMs)/respective Departments of the States/UTs. Skill training will be imparted under three categories, pan-India:
MSDE
MSDE
Ministry for Skill Development & Entrepreneurship (MSDE) has been formed to focus on enhancing employability of the youth through skill development. The skill ecosystem in India, is seeing some great reforms and policy interventions which is reinvigorating and re-energising the country’s workforce today; and is preparing the youth for job and growth opportunities in the international market. The Hon’ble Prime Minister’s flagship scheme, Pradhan Mantri Kaushal Vikas Yojana (PMKVY) alone, has till date seen close to 20 lakh people get skilled and prepared for a new successful India.
Skill India harbours responsibility for ensuring implementation of Common norms across all skill development programs in the country so that they are all standardized and aligned to one object. The ITI ecosystem has also been brought under Skill India for garnering better results in vocational education and training.
The success of a nation always depends on the success of its youth and Skill India is certain to bring a lot of advantage and opportunities for these young Indians. The time is not far when India will evolve into a skilled society where there is prosperity and dignity for all.
NSDC
NSDC
National Skill Development Corporation (NSDC) is a not-for-profit public limited company incorporated on July 31, 2008 under Section 25 of the Companies Act, 1956 (corresponding to section 8 of the Companies Act, 2013). NSDC was set up by the Ministry of Finance as Public-Private Partnership (PPP) model. The Government of India through the Ministry of Skill Development & Entrepreneurship (MSDE) holds 49% of the share capital of NSDC, while the private sector has the balance 51% of the share capital.
NSDC aims to promote skill development by catalyzing creation of large, quality and for-profit vocational institutions. Further, the organisation provides funding to build scalable and profitable vocational training initiatives. Its mandate is also to enable support system which focuses on quality assurance, information systems and train the trainer academies either directly or through partnerships. NSDC acts as a catalyst in skill development by providing funding to enterprises, companies and organizations that provide skill training. It also develops appropriate models to enhance, support and coordinate private sector initiatives. The differentiated focus on 21 sectors under NSDC’s purview and its understanding of their viability will make every sector attractive to private investment.
The NSDC facilitates initiatives that can potentially have a multiplier effect as opposed to being an actual operator in this space. In doing so, it strives to involve the industry in all aspects of skill development.
The approach is to develop partnerships with multiple stakeholders and build on current efforts, rather than undertaking too many initiatives directly, or duplicating efforts currently underway. To scale up efforts necessary to achieve the objective of skilling / up-skilling 150 million people, the NSDC strives to:
- Develop ultra low-cost, high-quality, innovative business models.
- Attract significant private investment.
- Ensure that its funds are largely “re-circulating” i.e. loan or equity rather than grant.
- Create leverage for itself.
- Build a strong corpus.
Keeping this in mind, the NSDC plays three key roles:
- Funding and incentivizing: In the near term this is a key role. This involves providing financing either as loans or equity, providing grants and supporting financial incentives to select private sector initiatives to improve financial viability through tax breaks, etc. The exact nature of funding (equity, loan and grant) will depend on the viability or attractiveness of the segment and, to some extent, the type of player (for-profit private, non-profit industry association or non-profit NGO). Over time, the NSDC aspires to create strong viable business models and reduce its grant-making role.
- Enabling support services: A skills development institute requires a number of inputs or support services such as curriculum, faculty training standards, quality assurance, technology platforms, student placement mechanisms and so on. NSDC plays a significant enabling role in these support services, most importantly in setting up standards and accreditation systems in partnership with industry associations.
- Shaping/creating: In the near-term, the NSDC will proactively seed and provide momentum for large-scale participation by private players in skill development. NSDC will identify critical skill groups, develop models for skill development and attract potential private players and provide support to these efforts.