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Ministry of Skill
Development and
Entrepreneurship (MSDE)
Presented By : Arsh Sood
CONTENTS
• Agency Overview
• Challenges before MSME
• Introduction of MSME
• AIM
• HELPING HANDS
AGENCY OVERVIEW
• Jurisdiction : Government of India
• Annual budget : ₹3,016.14 crore
(US$470 million) (2017-18 est.)
• Agency executive : Dharmendra
Pradhan, Minister
• Website : www.skilldevelopment.gov.in
Emblem of India
CHALLENGES BEFORE MSME
• India currently faces a severe shortage of well-trained, skilled workers.
• It is estimated that only 2.3% of the workforce in India has undergone formal skill
training as compared to 68% in the UK, 75% in Germany, 52% in USA, 80% in Japan
and 96% in South Korea.
• NATIONAL SKILL DEVELOPMENT MISSION (NMSD - known henceforth as, the
Mission) was launched, which provided the overall institutional framework to rapidly
implement and scale up skill development efforts across India.
INTRODUCTION OF MSME
• The Ministry of Skill Development and Entrepreneurship is a Ministry
of Government of India set up on 9 November 2014 to coordinate all skill
development efforts across the country.
• Industrial training, apprenticeship and other skill development responsibilities were
transferred from the Ministry of Labour and Employment to this newly-made Ministry
on 16 April 2015.
• It aims to build new skills and innovative thinking not only for existing jobs but also
for jobs that are to be created.
AIM
• Co-ordinating skill development efforts across country.
• Removal of disconnect between demand and supply of skilled manpower.
• Building a technical and vocational training framework.
• Skill upgradation
• Building new skills
• Innovative thinking not only for present jobs but also those which are to be created.
FUNCTIONAL HELPING ARMS
• National Skill Development Agency (NSDA)
• National Skill Development Corporation (NSDC)
• National Skill Development Fund (NSDF)
• 33 Sector Skill Council
• Also 187 registered training partners and alliances with universities and in the field.
National Skill Development Agency (NSDA)
• It takes all possible steps to meet skilling targets as envisaged in the 12th Five Year
Plan and beyond.
• Coordinate skill development approach among various govt. departments.
• Raise extra-budgetary resources for skill development from various sources.
• Evaluate existing plans and suggest corrective action .
• Create and maintain a national database related to skill development.
National Skill Development Corporation (NSDC)
• Aims to upgrade skills to international standards through significant industry
involvement and develop necessary framework for standards, curriculum and
quality assurance.
• Enhance, support and coordinate private sector initiatives through prover Public-
Private Partnership model.
• Play the role of a “market-maker” by bringing financing, particularly in sections
where market mechanism are ineffective or missing.
• Prioritize initiatives which have multiple effects.
National Skill Development Fund (NSDF)
• Set up in 2009 for raising funds from govt. or non govt. sectors.
• The fund is operated and managed by the Board of Trustees and the CEO is responsible for
its day to day administration.
• Till 31st March 2015, NSDF has released Rs. 2333 crore to NSDC towards skill development
plans.
• Plans such as National Skill Certification and Monetary Reward Scheme (STAR) and UDAAN
Scheme (J&K oriented)
• NSDC with 160 training partners and 1722 training centers has so far trained around 35
lakh persons across India.
Sector Skill Council
• They create occupational standards and qualification bodies.
• Develop competency framework.
• Conduct skill gap studies
• Assess and certify trainees
• Till date, NSDC Board has approved proposals for 37 Sector Skill Councils.
Ministry of Skill Development and Entrepreneurship (MSME)

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Ministry of Skill Development and Entrepreneurship (MSME)

  • 1. Ministry of Skill Development and Entrepreneurship (MSDE) Presented By : Arsh Sood
  • 2. CONTENTS • Agency Overview • Challenges before MSME • Introduction of MSME • AIM • HELPING HANDS
  • 3. AGENCY OVERVIEW • Jurisdiction : Government of India • Annual budget : ₹3,016.14 crore (US$470 million) (2017-18 est.) • Agency executive : Dharmendra Pradhan, Minister • Website : www.skilldevelopment.gov.in Emblem of India
  • 4. CHALLENGES BEFORE MSME • India currently faces a severe shortage of well-trained, skilled workers. • It is estimated that only 2.3% of the workforce in India has undergone formal skill training as compared to 68% in the UK, 75% in Germany, 52% in USA, 80% in Japan and 96% in South Korea. • NATIONAL SKILL DEVELOPMENT MISSION (NMSD - known henceforth as, the Mission) was launched, which provided the overall institutional framework to rapidly implement and scale up skill development efforts across India.
  • 5. INTRODUCTION OF MSME • The Ministry of Skill Development and Entrepreneurship is a Ministry of Government of India set up on 9 November 2014 to coordinate all skill development efforts across the country. • Industrial training, apprenticeship and other skill development responsibilities were transferred from the Ministry of Labour and Employment to this newly-made Ministry on 16 April 2015. • It aims to build new skills and innovative thinking not only for existing jobs but also for jobs that are to be created.
  • 6. AIM • Co-ordinating skill development efforts across country. • Removal of disconnect between demand and supply of skilled manpower. • Building a technical and vocational training framework. • Skill upgradation • Building new skills • Innovative thinking not only for present jobs but also those which are to be created.
  • 7. FUNCTIONAL HELPING ARMS • National Skill Development Agency (NSDA) • National Skill Development Corporation (NSDC) • National Skill Development Fund (NSDF) • 33 Sector Skill Council • Also 187 registered training partners and alliances with universities and in the field.
  • 8. National Skill Development Agency (NSDA) • It takes all possible steps to meet skilling targets as envisaged in the 12th Five Year Plan and beyond. • Coordinate skill development approach among various govt. departments. • Raise extra-budgetary resources for skill development from various sources. • Evaluate existing plans and suggest corrective action . • Create and maintain a national database related to skill development.
  • 9. National Skill Development Corporation (NSDC) • Aims to upgrade skills to international standards through significant industry involvement and develop necessary framework for standards, curriculum and quality assurance. • Enhance, support and coordinate private sector initiatives through prover Public- Private Partnership model. • Play the role of a “market-maker” by bringing financing, particularly in sections where market mechanism are ineffective or missing. • Prioritize initiatives which have multiple effects.
  • 10. National Skill Development Fund (NSDF) • Set up in 2009 for raising funds from govt. or non govt. sectors. • The fund is operated and managed by the Board of Trustees and the CEO is responsible for its day to day administration. • Till 31st March 2015, NSDF has released Rs. 2333 crore to NSDC towards skill development plans. • Plans such as National Skill Certification and Monetary Reward Scheme (STAR) and UDAAN Scheme (J&K oriented) • NSDC with 160 training partners and 1722 training centers has so far trained around 35 lakh persons across India.
  • 11. Sector Skill Council • They create occupational standards and qualification bodies. • Develop competency framework. • Conduct skill gap studies • Assess and certify trainees • Till date, NSDC Board has approved proposals for 37 Sector Skill Councils.