Ministry of Skill Development and Entrepreneurship Current Affairs

India, Germany sign MoA on skill development

India and Germany have singed Memorandum of Agreement (MoA) on skill development, which will provide dual vocational education and training to Indian youth. It was signed between Ministry of Skill Development and Entrepreneurship (MSDE) and Indo-German Chamber of Commerce (IGCC).

MoA

This MoA focuses on the field of dual vocational education and training and skill development of Indian youth. Under it, students who complete specific training courses in India will get certificate that is recognised in India and also in Germany. It will these students to apply for jobs in companies in India and also in Germany. Joint body called German Indian Institute of Vocational Education and Training (GIIVET) that has been set up will look after this programme.

Background

The idea of MoA was first mooted during interaction between Prime Minister Narendra Modi and Chancellor Angela Merkel in 2015.It was later spelled out by Joint Working Group. Since then, IGCC and MSDE have hammered out details to prepare this MoA.

Month: Categories: India Current Affairs 2018

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Government inks MoU to implement Action Plan for skill development in Telecom

The Union Ministry of Skill Development and Entrepreneurship has signed MoU with Department of Telecommunication (DoT) for Skill Development in Telecom Sector.

The MoU has signed to implement National Action Plan for Skill Development in Telecom Sector.

Under this MoU

  • Both signatories will make concerted joint efforts towards skill development by facilitating mobilization of financial support for various activities.
  • The financial mobilization will be under the National Ecosystem for Development of Telecom.
  • National Institute for Policy Research Innovation and Training (NTIPRT) will be also developed for training and skill upgradation in Telecom.

The Ministry also has launched the Pradhan Mantri Kaushal Vikas Yojna (PMKVY) Rupay ATM Cum Debit card of Bank of India (BoI). This card will be issued to the students with 1 Lac Rupee PA Insurance Cover.

Month: Categories: India Current Affairs 2018

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