Nov. 29, 2018

A.M. Naik has been appointed as Chairman of National Skill Development Corporation (NSDC) by the Ministry of Skill Development and Entrepreneurship.

A.M. Naik:

  • Currently, Anil Manibhai Naik (A.M. Naik) is the Group Chairman of India's biggest engineering and construction conglomerate – Larsen & Toubro Limited (L&T).

  • He was awarded the Padma Bhushan, India's 3rd highest civilian award in 2009 for his outstanding contribution to the economic growth of the country.

National Skill Development Corporation (NSDC):

  • Organization Structure: NSDC is a unique public-private-partnership (PPP), working under the aegis of the Ministry of Skill Development & Entrepreneurship.

  • Objective: NSDC aims to promote skill development by catalyzing creation of large, quality and for-profit vocational institutions.

  • Key Functions:
    • It provides funding to build scalable and profitable vocational training initiatives.

    • It supports short-term skill training through a wide network of training providers and district nodal skill centres called Pradhan Mantri Kaushal Kendra (PMKK).

    • It is also caters to the skilled manpower requirement of overseas markets, most notably that of Japan (under TITP) and UAE.

Source : PIB