Monday 22 August 2022

SAGE Foundation signs MoU with Art of Living to upskill unemployed graduates


     SAGE Foundation aims to train and place 10,000 low-income students in the BFSI sector over the next two years

     Online training available to students across India, offline training at Rajkot and Dharwad

Mumbai, 22nd August 2022: “Charity should be self-sustainable. That is, it should create more wealth rather than perpetuating the cycle of poverty and dependence. In this sense, the best form of charity would be providing quality education for children and more importantly, building a good character in them,” said Sri Sri Ravi Shankar.

Taking inspiration from the above quote, Shahani Academic and Global Empowerment Foundation (SAGE Foundation), the CSR arm of The Shahani Group, signed an MoU with Sri Sri Rural Development Programme Trust, part of The Art of Living Foundation to provide certified online and offline training, for unemployed graduates, in the Banking and Financial Services (BFSI) sector.

As a part of the partnership, Sri Sri Rural Development Programme Trust will mobilize candidates and provide the infrastructure required for offline training, whereas SAGE Foundation will provide certified training to these candidates. In addition to the training, SAGE Foundation will also provide employment assistance to the trained candidates, for placement in the BFSI industry. The online training will be available for candidates from across India, while the offline training will be provided in Rajkot, Gujarat and Dharwad, Karnataka.

Commenting on the partnership, Dr. Akhil Shahani, Managing Director, The Shahani Group, said, “Studies have demonstrated that a large proportion of Indian graduates do not possess the skills necessary to be employable. We believe that this also contributes to our country’s unemployment problem, and we are committed to bridging this gap to ensure sustainable livelihoods for Indian youth. The economically-disadvantaged youth of our country also lack access to quality skill development training which, in turn, hampers their prospects of obtaining white-collar jobs that could help them support their families in a more stable manner. With the blessings of Gurudev, we hope to train and place about 10,000 low-income students over the period of next two years.”

About The Shahani Group:

Drawing upon its legacy of over a hundred years in the Indian education sector, the Shahani Group devotes itself to enhancing the careers of lakhs of students via its academic initiatives aimed at providing them with employment in diverse industry sectors. Helmed by Maya Shahani and Dr. Akhil Shahani, the Shahani Group is now in its fourth generation and encompasses a new generation of institutions in areas of management, media, banking, real estate, digital marketing, and more. Along with praiseworthy initiatives such as ask.CAREERS, Thadomal Shahani Centre For Management, Thadomal Shahani Centre For Media & Communication, and Ask Talent Services, the Shahani clan is a part of the HSNC Board which runs over 24 iconic colleges in Mumbai, such as Thadomal Shahani Engineering College, HR College, KC College, and National College, among others.

The Shahani Group has been widely recognized for its work in the educational sector, receiving a bevy of awards, including the Best Employability Award for Youth, CFBP Jamnalal Bajaj Award for Ethical Business Practices, the Clinton Global Initiative Award, and the CII Education Excellence Award. Operational in four cities, the Group also has an educational technology division and job placement division under its banner and runs several CSR initiatives aimed at providing education and healthcare for the underprivileged.

Website links: Thadomal Shahani Centre for Management: www.tscfm.org | SAGE Foundation: https://thesage.foundation/

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