TEIE of Skill Development , an institute focused on imparting demand driven market – relevant courses to address the skill development and training for the Bottom of the Skill Pyramid in India today. National Skill Development & Entrepreneurship policy, which aims to make India ‘the world’s human resource capital’. The policy, which aims to train 1.2 crore youth in 2015-16 itself, expects a larger
private role in creating infrastructure, funding, deciding the curriculum, designing courses, providing trainers, offering placements and monitoring among others.
“Since industry is one of the major stakeholders, it needs to actively contribute to the cause of skill development. The industry should earmark at least 2 per cent of its payroll bill (including for contract labour) for skill development initiatives in their respective sector,” says the policy, adding that “these funds can be channelised… either through the respective SSCs (Sector Skill Councils) or through National Skill Development Fund.”
Besides, under the ‘common norms’ for skill training recently approved by the government, skill training course has been defined to be of minimum duration of 200 hours for fresh training and at least 80 hours for skill upgradation.“Common norms for skill training have been introduced with a view to ensure basic minimum standards for skill training.
12.8 million joining the workforce every year, only 8% to 9% have any skills, while there are many who barely read. The main reason behind this skill deficit, “It lies in the weakness of the basic education system. If you have good primary education, skilling is a three-to-six month affair for most jobs.”Skilled people are the backbone of a growing economy – considering the fact,TEIE of Skill Development building the skilled manpower pool for industry requirements.