Page 2 - Skill Development
Will finalise guidelines for upgrading ITI scheme by September-end: Tiwari
He explains the idea behind the scheme and the challenges ahead
Plugging the gap: Will upgrading 1,000 ITIs solve the skilling challenge?
As India upgrades 1,000 ITIs under a new government initiative, questions remain about whether these efforts will be enough to address the skill gap and improve employability among the youth
Union Budget 2024-25 significant milestone for country, says Sicci
The Union Budget 2024-25 is a significant milestone for India, with its focus on skills development, higher education, and the empowerment of youth and women, said the Singapore Indian Chamber of Commerce and Industry (SICCI) on Wednesday. "These initiatives are crucial in preparing the Indian citizenry to tackle the economic challenges of the future," SICCI Chairman Neil Parekh said, commenting on the latest financial package designed to drive the Indian economy forward. "SICCI lauds these efforts announced by India's Finance Minister Nirmala Sitaraman. It commends the Indian government under the leadership of Prime Minister Narendra Modi for its foresight in preparing the younger generation to take India to even greater heights," said Parekh. The Budget has allocated Rs 1.48 lakh crore for education, employment, and skill development initiatives in the country, demonstrating the government's commitment to empowering the youth and enhancing their skills for better employment ...
World Youth Skills Day 2024: Date, history, significance, theme and more
World Youth Skills Day is observed every year on July 15, and was recognised by the United Nations in 2014
Suzuki Motor unveils Rs 340 crore fund to support social impact startups
Japanese automobile firm Suzuki Motor on Thursday launched its first investment fund in India--Next Bharat Ventures--a Rs 340 crore fund dedicated to fostering impact entrepreneurs who create value in Tier-II and below geographies. This Suzuki initiative aims to support social impact startups in the domains of agriculture, financial inclusion, rural supply chains, and rural mobility, through a residency programme. "Next Bharat will invest in growth-stage impact firms and early-stage impact entrepreneurs through its flagship residency programme. In order to improve synergy among our early-stage portfolio, We do Fund of Fund operations, investing in Indian Early Stage Venture Capital firms, this investment will also help in establishing strong strategic synergies for the Next Bharat Impact Fund," Next Bharat CEO and MD Vipul Nath Jindal told PTI. During the 4-month hybrid residency programme, selected impact entrepreneurs will receive extensive mentorship, access to resources, and ...
HCLTech, IBM join hands for GenAI centre to provide tailored AI solutions
IT services company HCL Technologies and tech giant IBM on Tuesday announced a new collaboration to establish a Generative AI Centre of Excellence. Alongwith IBM, HCLTech aims to train 10,000 of its engineers and architects in IBM's AI technologies, specifically 'watsonx'. IBM's watsonx is an Artificial Intelligence (AI) and data platform built for business. According to a release, the centre will be available through HCLTech's AI and cloud native labs in Noida, London and New Jersey and Santa Clara in the US. It will help enterprises modernise legacy applications, develop IT service management use cases, reduce coding complexity, improve skill development on the watsonx platform and enable continuous innovation. "This expansion of our work with IBM will facilitate rapid exploration of AI's potential as we create highly differentiated HCLTech offerings using the latest IBM technology. We plan to embed watsonx in HCLTech AI Force with GenAI-powered solutions to support code ...
Skills, financial support, AI access key challenges for tech MSMEs: Nasscom
Around 94% of tech MSMEs acknowledged AI's ability to drive business growth, and 87% showed confidence in AI's potential to improve overall productivity in their enterprises
More people want to switch jobs now than in 'Great Resignation': PwC survey
According to the consultancy's '2024 Hopes and Fears' survey, 28 per cent of workers said they are 'extremely or very likely' to change their employers
Centre plans to hold training for states on labour code sensitisation
The workshop aims to prepare states for the nationwide rollout of the labour codes, ensuring readiness and preempting legal challenges in the process
Skill ministry to train 150K women under PMKVY in first 100 days
Along with skilling, MSDE will concentrate on promoting apprenticeship in the country, with around half a million new apprentices being engaged
Need to put more capital in hands of private sector: EY India chairperson
Memani talked of stepping up manufacturing and skilling
IndiaSkills competition expects to send 58 entrants to Lyon for world event
Biannual WorldSkills Competition is considered the Olympics of international skilling events
PM Vishwakarma: At 68%, women beneficiaries outshine men in skill training
The initiative has provided training to 350,000 individuals so far, of which 240,000 (68.76%) are women, and 110,000 (31.3%) are men
The case of apprentices: Why apprenticeship has not taken off in India
A recent report by the ILO on the employment situation in India says the country remains poised to reap its demographic dividend for at least another decade
National Career Service: How to look for jobs, learn new skills on portal
NCS links jobseekers, employers, counsellors and training providers, through Aadhaar-based authentication.
Hire apprentices: Govt sends notices to nearly 180,000 companies
Firms will have to fulfil their obligation under the Apprenticeship Act by recruiting requisite apprentices
'NITI for States' digital platform to foster Centre-state synthesis
B V R Subrahmanyam underscored the fundamental role the organisation can play in guiding states towards fulfilling their developmental objectives in consonance with the central government's growth
Meta doubling down on WhatsApp Business in India, says MD Devanathan
The company also enabled payment options within the chats from different platforms apart from its own. These platforms include UPI apps, debit and credit cards, among others
India needs new cotton seed varieties for better productivity: House panel
The panel asked the textiles ministry to do a comprehensive study on how to increase cotton production
LogiMAT ties up with Gati Shakti Vishwavidyalaya to boost skill development
Logistics and warehousing exhibition platform LogiMAT India on Friday said it partnered with Gati Shakti Vishwavidyalaya to foster knowledge transfer, skill development and innovation to help create one crore jobs in the sector by 2027. Gati Shakti Vishwavidyalaya, a central university at Vadodra in Gujarat, provides transport and logistics skill training. The logistics industry in India is one of the largest employment sectors, providing livelihoods to over 22 million people, and the sector is estimated to add 1 crore jobs by 2027, LogiMAT said in a statement. The collaboration between LogiMAT India and Gati Shakti Vishwavidyalaya aims to foster a robust exchange of knowledge, promote skill development initiatives, and foster innovation, it said. LogiMAT also said an exhibition, LogiMAT India 2024, will be held at the India Expo Mart, Greater Noida in the national capital region from February 28 to March 1. Being organised by Messe Stuttgart India, the LogiMAT India 2024 is expec
