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| NSDA Approval |
The Union Cabinet gave its
green signal for constituting a fully autonomous body, which will be called as National Skill Development Agency
(NSDA). Eventually this new body will subsume the National Skill Development
Coordination Board (NSDCB), the Prime Minister’s National Council on Skill
Development (PMNCSD), the National Skill Development Coordination Board
(NSDCB), and the Office of the Adviser to the PM on Skill Development.
This approval from the Union Cabinet of India
came on 9th May, 2013, and the NSDA will be located in the Ministry
of Finance itself. Now the question is what will be the workings of this newly
formed body, right?? Well, it will harmonize and coordinate the efforts for the
skill development of the Government of India. It will also work as a boost up
organization for the private sector firms by providing supports to reach the
desired skilling targets of the 12th plan, or beyond itself.
There will be a few other workarounds too for the National Skill
Development Agency, as it will certainly be the nodal agency for Sector Skills
Councils so that it would able to help it to contribute more towards the
progress of the country. NSDA will also be responsible for bridging the all
important divide lines in terms of gender, regional, social and economy in area
of skilling. The autonomous body will also take its control over the National
Skills Qualifications Framework (NSQF). This will provide an economic stability to India.
NSDC, along with the support of the various Central Ministries, will do
is continuous work towards the implementation of schemes in their remits. It
will also be empowered to raise some extra resources for the budgetary
purposes. India is also improving bi-lateral relations with a few countries. In
fact India-US bilateral
trade likely to touch $500 bn in next 10 years.
I want to highlight a fact here that is according to the BCG Reports India is likely to emerge as 5th largest manufacturing nations. The government is taking good plan of actions
to sustain it by setting up bodies like NSDC and all.
It has to be mentioned here that the proposal to build the National
Skill Development Agency (NSDA) was first endorsed by the Union Cabinet in its
meeting, which was held on 31st January 2013. After that meeting a
certain Group of Ministers (GoM) reviewed the all aspects of it, as it was
referred to them by the Cabinet itself. The cabinet is taking these measures as
they don’t want to miss the revenue growth target.
It is quite likely indeed that the NSDC will provide the much awaited
(needed too) single point focus, which will ensure that the skilling quality
and standards meet specific requirements that are benchmarked to international
standards with respect to the various sectors.
The good part of this set up is, it will boost employability of the
Youth in all over the India. This is such an initiative which the country needs
this time badly. I am hoping that this time every time will so smoothly enough,
and the wheels of development keep rolling in the years to come.
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About the Author
Aditya Dey is a well-known blogger from Kolkata, India. Apart from Blogging, he is a fun loving person. His areas of Interest are Current Affairs, Latest Events, News on sectors like technology, finance, business, politics, economy etc. At this blog he Writes about current affairs, latest news, exam preparation tips for competitive exams etc.
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