National Skill Development Corporation (NSDC) is a unique Public Private Partnership (PPP), with 51 percent equity held by private sector and the balance 49 percent by the Union Government. It is a one of its kind partnership in India, under the Ministry of Skill Development & Entrepreneurship which aims to promote skill development by catalysing creation of large, quality, for-profit vocational institutions and provides funding to build scalable, for-profit vocational training initiatives.
Formed in 2010, NSDC is a professionally run not-for-profit company that includes 39 Sector Skill Councils and over 265 training partners with over 3500 training centers spread across 517 districts in the country. NSDC is mandated to skill 150 million Indians by 2022. NSDC is also mandated to enable support systems such as quality assurance, information systems and train the trainer academies either directly or through partnerships.
NSDC acts as a catalyst in skill development space by providing funding to enterprises, companies and organisations which provide skill training. It also develops appropriate models to enhance, support and coordinate private sector initiatives. The differentiated focus for the 39 sectors under NSDC’s purview and its understanding of their viability will make every sector attractive to private investment. For more information please visit www.nsdcindia.org