Skill development
The challenge of skilling / up-skilling 150 million by 2022 requires both fundamental education reform across primary, secondary and higher education and significant enhancement of supplementary skill development. NSDC focuses primarily on supplementary skill development and strive to create seamless tracks within the education system.
Foster private sector initiatives
To strengthen supplementary skill development, NSDC focuses on fostering private sector led efforts that include both non-profit and for-profit initiatives with the goal of building models that are scalable.
The NSDC has adopted a differentiated approach to support private sector initiatives depending on the target segment. Based on the marketability of the skill group and income level of the student population, there are three segments across which the NSDC focuses on:
- Attractive segment: Given that the market automatically works, the NSDC only plays a reactive role and support the scale-up by various players
- Viable segment but with marginal economics or involving high risk/uncertainty: This is a key focus area of NSDC particularly in the near-term, with the aim being to make this segment much more attractive for private investment
- Completely unviable segment: Over time, NSDC will aspire to work in this segment in collaboration with government departments and help develop innovative business models which can move players from this segment to the viable segment.
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