Government Ropes In PSUs To Undertake Skilling

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(ET)

Having failed to attract private players in a big way to undertake skilling in India under PM Narendra Modi’s flagship Skill India Mission, government is rapidly roping in its own public sector enterprises to take on targeted skilling in the country.

The latest PSU to join the bandwagon is the NALCO, which will put in Rs 50 crore towards skill development and entrepreneurship till 2020. So far the National Skill Development Corporation (NSDC) has received financial commitments of Rs 163 crore for training more than one lakh beneficiaries including 40,000 aspirants with recognition of prior lending.

The other PSUs who have come forward to rescue the government include the Powergrid, Coal India Limited, NTPC, Rural Electrification CorporationNSE 1.20 % Limited (REC), Hindustan Copper Limited, Mineral Exploration Corporation (MECL), National Mineral Development Corporation (NMDC), Airports Authority of India, Department of Public Enterprises, Indian Oil, Bharat Electronics Limited, NHPC, Nuclear Power (NPCIL) and Nalco Foundation among others.

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