Page 3 - Skill Training

IVCA partners with ISB for training programme for PE/VC fund managers

One common strategy adopted by private equity and venture capital firms to protect their investment is to nominate a director on the board of a start-up company

'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 launches Skill India Digital platform, to benefit 260 mn students

The SID platform is a comprehensive digital platform aimed at synergizing and transforming the skills, education, employment, and entrepreneurship ecosystem in India

Education ministry, Meta partner on digital skilling, entrepreneurship

As past of the partnership 500,000 entrepreneurs will gain access to Meta's digital marketing skills training over the next three years

ServiceNow ties up with FutureSkills Prime for digital skills training

Digital workflow company ServiceNow India on Thursday said it has entered into a partnership with FutureSkills Prime, a MeitY Nasscom digital skilling initiative, to train 5,000 people from across the country in new digital skills. The partnership aims to build careers across ServiceNow's fast-growing network with a global focus to skill one million people by the end of 2024, ServiceNow said in a statement. This initiative furthers the government's efforts to develop India as a global talent hub and will launch with two entry-level on-demand ServiceNow courses for all learners free of cost. "We are pleased to collaborate with ServiceNow as their vision fits into FutureSkills Prime vision of transforming India into a digital global talent hub. This collaboration brings two of their industry relevant courses to 1.3 million FutureSkills Prime learners," SSC Nasscom CEO Kirti Seth said.

Five tech skills make up 78% of hiring demands across industries: Report

A Quess report finds upward hiring trends in India's IT hubs as well as Tier I & II cities as remote work options become available in Q1FY24

OYO to facilitate skill training for youths at its vacation home biz abroad

Hospitality tech platform OYO on Wednesday said it will facilitate on-the-job training across its vacation home business in countries such as Denmark to selected youth from Haryana in conjunction with Vishwakarma Skills University. OYO signed a memorandum of agreement (MoU) with Vishwakarma Skill University, Haryana Kaushal Rozgar Nigam Limited (HKRNL) and the Foreign Cooperation Department of Haryana government, the company stated. "By facilitating partnerships between educational institutions, government agencies, and private sector companies like OYO, the state government is actively working to enhance its young population's employability and skill sets. "Today's MoU signing initiative not only will contribute to the economic development of the state but also foster international cooperation and cultural exchange through the movement of skilled workers," said Haryana Chief Minister Manohar Lal Khattar. He said that the youth is a significant asset, and creating employment ...

Own ChatGPT skills? Companies may pay up to Rs 1.5 crore to hire you

A survey by ResumeBuilder stated that 91% of companies with job openings are looking for candidates who are skilled in ChatGPT

Edu min aims to provide skill training to 50% school students by 2030

The Ministry of Education aims to ensure that at least 50 per cent of school students get training in various skills by 2030 and G20 deliberations will help prepare a framework for formalising skilling in mainstream education, an official said on Friday. According to School Education Secretary Sanjay Kumar, deliberations at the third G20 Education Working Group meeting focused on formalising skill education in schooling system, foundation literacy and numeracy, tech-enabled learning, future of work and research collaborations. The meeting concluded here on Friday. "We aim that by 2030, at least 50 per cent of school students will be receiving skill education. During the meetings we deliberated how skilling can be formalised in school education. The new education policy also recommended that skill education be introduced in schools from class 6," Kumar told a press conference. A conference on deep technology and transforming logistics for coastal economies, a workshop on the future

Hyderabad, Delhi, Chennai hired maximum apprentices till March: Report

On a pan India level, 79 per cent of employers showed intent to hire more apprentices in the quarter ending March: TeamLease Apprenticeship Outlook Report

Skilling the smart way: Selecting the right online course for your career

Companies are looking for managers, communication specialists, creative thinkers, and data specialists

As layoffs continue, companies may tweak processes to determine appraisals

In the upcoming year, the salary hikes are less likely to be dependent upon seniority

Two-thirds of faculty posts lie vacant in 14,000 ITIs, govt data shows

Only 73,384 posts filled out of 205,635 sanctioned; Andhra tops with 86% posts lying vacant, followed by Rajasthan (84%) and Madhya Pradesh (82%)

NASSCOM Foundation starts Aspirational Districts Programme to skill 3.5 mn

NASSCOM Foundation launched the "Aspirational Districts Programme" intending to digitally enable and skill over 3.5 million people by March 2024

Centre curtails Chhattisgarh govt's fund to fight Maoists: Minister

The scheme also takes care of compensation to surrendered Maoists, community policing and security-related infrastructure for village defence committees

More US companies charging employees for job training if they quit

Nearly 10 per cent of American workers surveyed in 2020 were covered by a training repayment agreement, said the Cornell Survey Research Institute.

Beti Bachao Beti Padhao includes skilling girls on conventional livelihood

Smriti Irani, the minister for women and child development, emphasised the significance of convergence amongst various departments for delivering high-quality education to empower girls

18 states join National Career Service portal; What it does, who started it

Under the Ministry of Labour and Employment, the NCS portal acts as a bridge between job seekers and employers. It also provides career counselling and training to the candidates

House panel moots spl projects to fill 29 mn skill gap in automotive sector

Calls for involving the industry to bridge the huge gap

Poor training, skills affect digital trust of Indian enterprises: Report

Only 24% respondents in India had complete understanding of digital trust, says global study