Under the 10-year agreement, vocational training will be imparted to benefit the country's youth across various sectors like apparel, beauty & wellness, retail, auto, healthcare, construction, agriculture, etc.
Under the programme, 70 per cent of the candidates will be assured employment in sectors and job roles in which they get trained.
"For all training that happens through our partners it is mandatory that atleast 70 per cent people (who get certified) have to be employed or self-employed. We only give soft loans to people who make this commitment," NSDC CEO Jayant Krishna told PTI.
"Our target is to skill 60,000 people over 10 years. In the first year we will be setting up three Centres of Excellence and scale it up to 10 centres. We have done some preliminary surveys and are designing the courses accordingly.
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"The overall project cost is 4.65 crore we have committed 1.40 crore and the rest is the NSDC soft loan," Gautam Dalmia, Managing Director, Dalmia Bharat Group said.
The first year of partnership will see three training centres at Trichy, Rourkela and Belgaum be set-up that will roll out skill training for local youth.
In addition to these new facilities, existing ITIs at Dalmiapuram and Rajganjpur and one handloom cum weaving training center at Umrongso (Assam) will also be leveraged.
National Skill Development Corporation, through its skill ecosystem will ensure that the courses run in these centres are all aligned to the National Skill Qualification Framework (NSQF) which is a competency based framework that organises all qualifications according to a series of levels of knowledge, skills and aptitude.