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Page 3 - Skill Development

Net apprenticeship outlook projected to rise 75% in Oct-Mar period: Report

The Net Apprenticeship Outlook (NAO) metric could see a 75 per cent jump in the second half of the fiscal year, as per a report. According to the Teamlease Degree Apprenticeship's 2023 Outlook Report, the NAO increased to 56 per cent and 66 per cent in the same period in the past two years, respectively. It is now projected to rise 75 per cent in the October-March period. A Compound Annual Growth Rate (CAGR) of nearly 30 per cent showcases that organisations view apprenticeships as a talent development strategy that drives skill enhancement and workforce development, the report said. TeamLease Degree Apprenticeship Vice President Dhriti Prasanna Mahanta told PTI that NAO metric for 2023, which is a key indicator of employer sentiment, has reached an all-time high. "In the labyrinth of India's rapidly evolving workforce landscape, apprenticeships have emerged as a pivotal bridge between education and employment." "The NAO metric signals a remarkable 75 per cent increase in employe

Net apprenticeship outlook projected to rise 75% in Oct-Mar period: Report
Updated On : 29 Nov 2023 | 10:56 PM IST

ASAP Kerala partners with German firm dSPACE to provide skilled manpower

ASAP Kerala, the state-run skill development agency under the Higher Education Department, has forged astrategic partnership with dSPACE, a global leader in mechatronics system software technology based in Germany, to provide jobs for skilled youth in the state. The German firm inaugurated its India operations at Kinfra Park at nearby Kazhakoottam recently. As part of the agreement, dSPACE will collaborate with ASAP Kerala to recruit 100 candidates who successfully complete specific skill training. The Memorandum of Agreement was signed between Usha Titus, Chairperson, and MD of ASAP Kerala, and Franklin George, Managing Director of dSPACE, at a special ceremony held at the office of Ishita Roy, Principal Secretary, Department of Higher Education on Thursday. Commenting on the partnership, Ishita Roy stated that the state government's commitment to higher education, outstanding skill development initiatives, and the availability of top talent make Kerala an attractive destination

ASAP Kerala partners with German firm dSPACE to provide skilled manpower
Updated On : 24 Nov 2023 | 10:22 AM IST

Amazon's 'AI Ready' initiative to train 2 million in AI skills by 2025

An AWS study found that 73% employers prioritise applicants with AI skills and these candidates can earn up to 47% more in salaries

Amazon's 'AI Ready' initiative to train 2 million in AI skills by 2025
Updated On : 23 Nov 2023 | 1:33 PM IST

Andhra HC grants bail to Chandrababu Naidu in Skill Development scam case

The Andhra Pradesh High Court on Monday granted regular bail to TDP chief N Chandrababu Naidu in the Skill Development Corporation scam case. The court converted Naidu's four-week interim medical bail into absolute bail and ordered the former chief minister's release on regular bail. "The interim bail granted to A37 (Naidu) dated October 31 is made absolute, and the petitioner (Naidu) is ordered to be released on regular bail on the bail bond already furnished by him," the court said in its order. However, the interim bail conditions such as refraining from making any public comments related to the Skill Development Corporation scam case or organising or participating in public rallies and meetings will continue to be in force till November 28. The High Court said these conditions will be relaxed from November 29. Further, the court directed Naidu to produce his medical reports to the Special Court in Vijayawada on or before November 28 instead of submitting them to the Superinten

Andhra HC grants bail to Chandrababu Naidu in Skill Development scam case
Updated On : 20 Nov 2023 | 11:20 PM IST

Govt aims to train 600K workers under PM Vishwakarma, says official

The Centre has set a target of providing training to six lakh traditional artisans and craftspeople under the PM Vishwakarma scheme this fiscal, Union Ministry of Skill Development and Entrepreneurship (MSDE) Secretary Atul Kumar Tiwari said here on Monday. The MSDE is optimistic about meeting the target as over 11 lakh applications have already been received for the scheme and the three-stage process for screening applicants and beneficiaries is underway, according to officials. PM Vishwakarma, a central scheme, was launched on September 17 by Prime Minister Narendra Modi to provide end-to-end support to artisans and craftspeople. "The government has set a target of training six lakh artisans and craftspeople with an objective to help them improve their earnings and bring them to mainstream growth by way of providing them with expert training in works they are already skilled in, and helping them with toolkits worth Rs 15,000, branding and marketing to scale up their work," Tiwari

Govt aims to train 600K workers under PM Vishwakarma, says official
Updated On : 07 Nov 2023 | 7:11 AM IST

About 16.2 mn Indian workers need to be upskilled, reskilled in AI: Report

As many as 16.2 million workers need to be upskilled and reskilled in Artificial Intelligence and automation to meet India's skill deficit, says a report. According to the study conducted by Pearson and commissioned by ServiceNow, Artificial Intelligence (AI) will transform employment landscape, augment digital skill sets and create millions of new tech jobs. "AI and automation will require 16.2 million workers in India to reskill and upskill while also creating 4.7 million new tech jobs," the report said. India's digital skill ecosystem is also poised to grow in tandem, with ServiceNow's research revealing that additional application developers (75,000), data analysts (70,000), platform owners (65,000), product owners (65,000), and implementation engineers (55,000) will be needed by 2027, to meet the tech deficit. "We're working with every industry across the country to showcase best practice use of AI to drive meaningful business change and ensure these changes bring about ...

About 16.2 mn Indian workers need to be upskilled, reskilled in AI: Report
Updated On : 01 Nov 2023 | 7:10 PM IST

Skill development case: Chandrababu Naidu gets interim bail till Nov 24

Chandrababu Naidu was granted bail due to health reasons

Skill development case: Chandrababu Naidu gets interim bail till Nov 24
Updated On : 31 Oct 2023 | 11:08 PM IST

PM Modi to launch 511 rural skill development centres in Maharashtra

Prime Minister Narendra Modi will launch 511 rural skill development centres in the name of late BJP leader Pramod Mahajan in Maharashtra on Thursday via video conferencing. The PMO said in a statement that these centres are being established across 34 rural districts of Maharashtra. They will conduct skill development training programs across various sectors to provide employment opportunities to the rural youth, it said. "Each centre will train about 100 youngsters in at least two vocational courses. The training is being provided by empanelled industry partners and agencies under National Skill Development Council," the statement added. They will help the region make significant strides towards developing a more competent and skilled manpower, it said. Mahajan was a leading national leader of the BJP and died at the age of 56.

PM Modi to launch 511 rural skill development centres in Maharashtra
Updated On : 18 Oct 2023 | 12:50 PM IST

Skill ministry launches IndiaSkills 2023-24, to target 2.5 mn participants

India Skills is the precursor to the WorldSkills competition, as the participants who excel in India Skills at national level will participate in global event next year, scheduled to be held in Paris

Skill ministry launches IndiaSkills 2023-24, to target 2.5 mn participants
Updated On : 17 Oct 2023 | 8:33 PM IST

ICAI signs MoU with J-K govt to promote skill development: Officials

The MoU was signed in the presence of Jammu and Kashmir Lieutenant Governor Manoj Sinha

ICAI signs MoU with J-K govt to promote skill development: Officials
Updated On : 01 Oct 2023 | 5:55 PM IST

Skill Development scam: SC to hear TDP leader Naidu's plea on Oct 3

The Supreme Court is scheduled to hear on Tuesday a plea of TDP leader N Chandrababu Naidu challenging the Andhra Pradesh High Court order dismissing his petition for quashing the FIR against him in connection with an alleged scam in the Skill Development Corporation. A bench of justices Aniruddha Bose and Bela M Trivedi will take up the plea for hearing on October 3. On September 27, the top court had said it would not restrain the trial court from dealing with a plea seeking police custody of Naidu as it announced that a new bench will hear his petition for quashing the FIR in the alleged Rs 371 crore scam in the state. The plea by Naidu, who was arrested in the case on September 9, had come up before two benches in the top court but without any effective hearing. Initially, it came up before the designated bench of justices Sanjiv Khanna and SVN Bhatti, but the latter recused himself from hearing the matter on Wednesday. Senior advocate Siddharth Luthra, appearing for the TDP .

Skill Development scam: SC to hear TDP leader Naidu's plea on Oct 3
Updated On : 01 Oct 2023 | 5:12 PM IST

MP partners with Magic Bus to bring life skills programme to govt schools

Magic Bus India Foundation, a non-profit organisation that provides education and skilling, on Monday said it has partnered with Madhya Pradesh government to introduce project 'Saksham' -- a life skills education programme -- in government schools. The Department of Tribal Affairs of Madhya Pradesh has partnered with Magic Bus India Foundation to empower master trainers and government school teachers, equipping them to deliver life skills education while nurturing the well-rounded development of adolescents across 20 districts and 89 blocks in the state, the non-profit organisation said in a statement. Magic Bus will provide training to master trainers, who will then train 18,000 government teachers, to impart life skills to around one million adolescents across 9,000 government schools that include CM Rise Schools, Middle Schools, Special Residential Schools including Eklavya Model Residential Schools (EMRS), Kanya Shiksha Parisar (KSP), Model Residential Schools (MRS) Hostels and .

MP partners with Magic Bus to bring life skills programme to govt schools
Updated On : 25 Sep 2023 | 3:42 PM IST

LIVE: Govt bonds inclusion in JP Morgan index will widen investor base: CEA

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LIVE: Govt bonds inclusion in JP Morgan index will widen investor base: CEA
Updated On : 22 Sep 2023 | 11:21 PM IST

Andhra court extends remand of ex-CM Naidu till Sept 24 in corruption case

A court here on Friday extended the judicial remand of TDP chief N Chandrababu Naidu in the case pertaining to AP Skill Development Corporation scam till September 24. Additional Advocate General Ponnavolu Sudhakar Reddy told PTI that the special court for Anti-Corruption Bureau here extended the former Chief Minister's remand by two days. Meanwhile, the High Court has scheduled the hearing on the FIR quash petition filed by Naidu at 1:30 pm today. Chandrababu Naidu was arrested on September 9, for allegedly misappropriating funds from the Skill Development Corporation, leading to an alleged loss of over Rs 300 crore to the state exchequer. He is currently lodged in the Rajamahendravaram central prison.

Andhra court extends remand of ex-CM Naidu till Sept 24 in corruption case
Updated On : 22 Sep 2023 | 12:46 PM IST

Explore new financing models for skill development: Ficci-KPMG report

The study pointed to emerging trends in skill financing such as private equity and venture capital investment, working capital financing for training partners

Explore new financing models for skill development: Ficci-KPMG report
Updated On : 20 Sep 2023 | 8:29 PM IST

'Centre keen on recruit-train-deploy model for skilling scheme PMKVY 4.0'

Inviting training partners and India Inc to collaborate with the government on the Prime Minister's Kaushal Vikas Yojana 4.0, a top official on Wednesday said the Centre is keen on having a Recruit-Train-Deploy model for its flagship skilling scheme. Secretary in the Ministry of Skill Development and Entrepreneurship Atul Kumar Tiwari also called upon the industry to assist in designing some courses. "We would also like the training partners and industries to come together and work with us on the Prime Minister's Kaushal Vikas Yojana 4.0 in which we would like to have the RTD model. We would like industries also to come forward and help us in terms of designing some courses for them and funding some part of that so that they can skill people for their workforce," Tiwari said. He was addressing the Global Skills Summit organised by Ficci. Union Finance Minister Nirmala Sitharaman in her Budget speech this year announced that the fourth phase of the PMKVY 4.0 will be launched in orde

'Centre keen on recruit-train-deploy model for skilling scheme PMKVY 4.0'
Updated On : 20 Sep 2023 | 3:48 PM IST

Naidu files bail petitions in court in Skill Development Corporation case

TDP chief N Chandrababu Naidu, who has been remanded to 14 days in judicial custody for his alleged role in a multi-crore Skill Development Corporation scam, has filed two bail petitions, interim and regular, in a local court. In the interim bail petition, Naidu denied all the allegations levelled against him and claimed that there was no prima facie evidence on record against him. "We have filed two petitions, one is for interim bail and another for regular bail. However, the hearing may not be done today (Friday)," advocate G Subba Rao, a member of Naidu's legal team, told PTI. Rao said the Crime Investigation Department is yet to file a counter to their bail pleas. Hence, he noted that the hearing may not come up on Friday. However, the CID has been served the notice and is yet to reply, the advocate said. The bail petitions were filed on Thursday at the ACB Court which remanded Naidu. Former Chief Minister Chandrababu Naidu was arrested in connection with a case involving ...

Naidu files bail petitions in court in Skill Development Corporation case
Updated On : 15 Sep 2023 | 11:20 AM IST

LIVE updates: PM Modi holds meeting after G20 summit with his staff

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LIVE updates: PM Modi holds meeting after G20 summit with his staff
Updated On : 12 Sep 2023 | 11:35 PM IST

G20 Declaration on skill gaps may propel India as global digital talent hub

According to experts, the other significant aspect of the G20 Declaration was committing to work towards creating skills-based migration pathways

G20 Declaration on skill gaps may propel India as global digital talent hub
Updated On : 12 Sep 2023 | 4:02 PM IST

LIVE: Eiffel Tower lights to go dark in tribute to Morocco quake victims

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LIVE: Eiffel Tower lights to go dark in tribute to Morocco quake victims
Updated On : 09 Sep 2023 | 11:28 PM IST