Indian govt to setup skill development agency to enhance employability of youth

New Delhi/May 9
Indian government on Wednesday decided to set up National Skill Development Agency (NSDA) to enhance the employability of unemployed youth of the country and meet industry standards.
Indian government after a meeting of Union Cabinet gave ‘approval for constituting an autonomous body, NSDA and it will function under the Ministry of Finance.
“The NSDA will coordinate and harmonise the skill development efforts of the government and the private sector to achieve the skill targets of the 12th Plan and beyond. It will anchor and operationalise the National Skills Qualifications Framework (NSQF) and be the nodal agency for Sector Skills Councils. Further, it will endeavor to bridge the social, regional, gender and economic divides in skill enhancement,” said an Indian government spokesperson.
Further, the agency will also be empowered to raise extra budgetary resources and the Central Ministries and NSDC will continue to implement schemes in their remit.
”The NSDA is expected to provide the much needed single point focus to ensure that skill quality and standards meet sector specific requirements benchmarked to international standards and such an initiative will boost employability of youth in India,” added the spokesperson.
The proposal to set up the National Skill Development Agency (NSDA) was taken up in Cabinet meeting on January 31, 2013 and it was referred to a Group of Ministers (GoM) for reviewing all aspects.