NSDC Current Affairs - 2019

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Rozgar Mela in Bikaner concludes

The Skill India Rozgar Mela is conducted by the National Skill Development Corporation (NSDC) under Ministry of Skill Development and Entrepreneurship. It was recently organized on 12th and 13th October, 2019. 100+ corporate participated in the event and 2000 youths were shortlisted.

Significance

The Mela is one of the largest job fairs organized by the NSDC. The job fair also included Kaushal Mela. Under Kaushal Mela, counselling is provided for candidates and parents as well. It helps them understand the various opportunities that are available in the skill development ecosystem.

At the mela, the aspirants have opportunities to register with PMKVY – Pradhan Mantri Kaushal Vikas Yojana and PMKKY – Pradhan Mantri Kaushal Kendra Yojana.

About Rozgar Mela

The program is one of the key initiatives of the NSDC. NSDC intends to provide vocational training and job opportunities to the youth through the program. In the last 18 months more than 1088 Roz Melas have been organized.

PMKVY

It is a flagship program of the Ministry of Skill Development and Entrepreneurship. The program is implemented by the NSDC. The main objective of the program is to increase productivity and align training and certifications according to the requirement of the country. The scheme was launched in 2016 and is planned to operate till 2020. Under the scheme, around 10 million youths are aimed to be trained by 2020. The budget allocated to the scheme is Rs 12,000 crores.

Government appoints AM Naik as Chairman of National Skill Development Corporation

Union Government has appointed Anil Manibhai Naik as Chairman of National Skill Development Corporation (NSDC). He is currently Group Chairman of engineering conglomerate Larsen and Toubro (L&T). He was awarded Padma Bhushan, India’s 3rd highest civilian award in 2009 for his outstanding contribution to economic growth of the country.

National Skill Development Corporation (NSDC)

NSDC is Public Private Partnership (PPP) under Ministry of Skill Development & Entrepreneurship (MSDE). It was founded in 2009 as not-for-profit company by Ministry of Finance to address need for providing skilled manpower across various industry sectors. Government of India (GoI) through MSDE holds 49% of share capital of NSDC, while private sector has balance 51% of the share capital. NSDC aims to promote skill development by catalyzing creation of large, quality and for-profit vocational institutions. Its objective is to create training capacity in the country; fund vocational training initiatives and create market ecosystem for skill development. Its mandate is to train 150 million people by 2022. It is also involved in re-skilling and also in catering to skilled manpower requirement of overseas markets, most notably that of Japan (under TITP) and UAE.