Wednesday, 25 September 2024

SHRM and NSDC Join Forces to Address Needs of India's Vast and Ever-evolving Skill Ecosystem


The first of its kind Future-Ready Workforce Initiative will bring together 80+participants across sectors to discuss national skill development strategies.

New Delhi | 25th September 2024: SHRM India is proud to announce their partnership with the National Skill Development Corporation (NSDC) for a pioneering ‘HR Leadership Council Connect’. The exclusive initiative is aimed at enhancing India’s skilling ecosystem by connecting with senior HR leaders to share insights, and best practices in the skilling spaceThe initial rounds of meetings are scheduled for September 27th through direct engagement with HR leaders to understand workforce planning, minimize skill redundancy, and strategize for the creation of a future-ready workforce.

Recognising the critical need for skilling, reskilling and upskilling in response to technological advancements and ever-evolving job markets, NSDC’s objective is to focus on future skills, critical skills, and international opportunities under the prestigious CHROs’ (Council for HR Leaders), initiative. Exploring potential Industry collaborations, including partnerships between organizations to promote skill development and apprenticeships, the ‘CHRO Council’ will be attended by senior HR leaders & industry experts. The key agenda for the cluster meeting includeIndustry Engagement, Value Chain Mapping, Skill Redundancy and Redeployment, and creating a Future-Ready Workforce.

This platform is designed for collective learning for participants from various sectors including IT & Software, Telecom, Electronics, Capital Goods, Energy, Automobile and others; through keynote presentations, panel discussions, workshops, and networking sessions that are planned in this connection. Marking a major step forward in aligning HR practices with national priorities, the deliberations and recommendations by the ‘CHRO Council’ will provide insights to NSDC to strategize better and execute their initiatives on National Skill Development.

About SHRM India:

SHRM India is the Indian subsidiary of the Society for Human Resource Management (SHRM), the world's largest HR professional society, representing 340,000 members in over 180 countries. SHRM India equips HR professionals and organizations with the essential resources, connections, and insights needed to address the complexities of HR management in today's dynamic business environment.

 About National Skill Development Corporation

National Skill Development Corporation (NSDC) is the principal architect of the skill ecosystem in the country. It is a unique Public Private Partnership (PPP) enterprise working under the Ministry of Skill Development & Entrepreneurship (MSDE), Government of India. NSDC was established to catalyse the skilling ecosystem for private sector participation and be the strategic implementation and knowledge partner to Skill India Mission to build efficient vocational training initiatives, empowering India’s youth. NSDC provides support to enterprises, start-ups, companies, and organizations that are creating an impact by offering a world of opportunities in futuristic skills to the potential workforce. The organization develops appropriate models to enhance, support, and coordinate private sector initiatives in skilling by offering funding support to eligible entities, concessional loans to the candidates along with other innovative financial products and building strategic partnerships.

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