The National Skill Development Corporation (NSDC) with sponsorship from the Ministry of Skill Development and Entrepreneurship (MSDE) signed a Memorandum of Understanding (MoU) with SkillEd India with backups from Public-Private Partnerships (PPP). Various corporate houses have also provided funds to ensure the training is provided to school children. Another major MoU was signed with Sony India and SkillEd India for delivering high tech industrial training to the students. To ensure that accurate training is being conducted, a skilled trainer will be provided.
How is this skill development going to benefit? Well if a student decides to drop out of school due to various reasons he or she will be able to earn his bread and support his family because of the vocational skills imparted to them. Apart from this, the Government of India wants to create the largest pool of skilled workers in India. It will help generate jobs for the youth and better opportunities in their future. The training would be provided extensively for 35 days and during this period the trainees would be offered a stipend between Rs.10000 to Rs.15000 monthly.