MSDE & NSDC

MSDE

For the first time since India’s independence, a Ministry for Skill Development & Entrepreneurship (MSDE) has been formed to focus on enhancing employability of the youth through skill development. The skill ecosystem in India, is seeing some great reforms and policy interventions which is reinvigorating and re-energising the country’s workforce today; and is preparing the youth for job and growth opportunities in the international market. The Hon’ble Prime Minister’s flagship scheme, Pradhan Mantri Kaushal Vikas Yojana (PMKVY) alone, has till date seen close to 50 lakh people get skilled and prepared for a new successful India. MSDE also recognises and certifies skills acquired through informal means through its Recognition of Prior Learning (RPL) program under PMKVY, bringing about a major shift from unorganised sector to an organised economy. So far more than 10 lacs people have been certified and formally recognised under the programs.

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NCVET

NCVET- NCVET, notified on December 5, 2018 has been set up as an overarching regulator establishing regulations and standards to ensure quality in the TVET space, subsuming the responsibilities of National Skill Development Agency (NSDA) & the erstwhile National Council of Vocational Training (NCVT) under the Ministry of Skill Development and Entrepreneurship (MSDE).

NCVET's core responsibilities encompass regulating vocational education and training, both long and short-term programs. NCVET sets minimum standards, including Recognition and Regulation of Awarding Bodies, Assessment Agencies, and Skill-related Information Providers. Additionally, it approves qualifications, monitors recognized organizations. NCVET's establishment aims to streamline the regulatory framework in vocational training, ensuring consistency and quality assurance throughout the vocational education process.

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NSDC

The National Skill Development Corporation (NSDC) is a first-of-its-kind Public Private Partnership (PPP) in India set up to facilitate the development and upgrading of the skills of the growing Indian workforce through skill training programs. A large part of the Organisation's efforts are directed at the private sector and towards developing the skills in the unorganised sector in India. NSDC supports skill development efforts, especially in the unorganised sector in India by funding skill training and development programmes. It also engages in advocacy and training programmes, in-depth research to discover skill gaps in the Indian workforce, and developing Accreditation norms.

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