New Delhi, May 01, 2015: Minister of State (Independent Charge) for Skill Development & Entrepreneurship Shri Rajiv Pratap Rudy has said that National Skill Development Corporation is a public private partnership entity set up as to promote private training providers to setup Skill Development centres across the country. The Central Government’s equity stake in NSDC is 49% and the balance 51% equity share are held equally by ten participating association of industries. It acts as catalyst in skill development by providing funding to enterprises, companies and organizations for skill development by providing funding to appropriate models to enhance, support and coordinate private sector initiatives.
In a written reply in the Lok Sabha Shri Rudy said, the Government has been supporting the National Skill Development Corporation (NSDC) in its skilling activities/programmes. NSDC has been implementing various skilling programmes of the Central Government including STAR (Standard, Training, Assessment and Reward) Scheme for skilling youth from across the country and UDAAN Scheme for youth from Jammu & Kashmir. Funds released to NSDC so far as are as under:-
|
S. No. |
Funds Transfer from NSDF to NSDC |
Rs. In lakhs |
|
(i) |
Skilling |
124395 |
|
(ii) |
UDAAN |
11405 |
|
(iii) |
STAR |
100000 |
| Total |
235800 |
