On the occasion of world youth skills day, capital India finance ltd, a technology-enabled SME finance platform, today inaugurated its pilot skill development and employment program, through its philanthropic wing, atulya foundation, in Mayur vihar phase-3, delhi.
The 6-months long program incubated by Atulya foundation will enable 40 youth to become employable by training them in banking correspondence courses and soft-skills training. The syllabus of the course has been aligned with the national skill development corporation (nsdc) to bridge the gap between the demand and supply of skilled labor force. To make their job-ready, they will be provided with a certificate that will have accreditation of nsdc.
The program, which is being implemented in partnership with caf India, will facilitate linkages with industry players to ensure smooth placement in the banking and finance sector. Commending the CSR efforts, Shri s k narvar, founder of capital India group, said, “the need to address the shortage of skilled workers has been felt more intensely during the pandemic.
At Atulya foundation, we are committed to bridging this gap to create a steady supply of skilled personnel, and it will be one of our key focus in the future. The pilot project will ensure young people get skill training to become employment ready. Initially, we will focus on the bfsi sector and gradually scale it up with an overall industry training perspective. Alongside building a ready talent pool, our efforts will contribute to the empowerment and upliftment of the Indian youth’s socio-economic progress in a meaningful and long-term manner.”
The intervention will focus on onboarding candidates who have at least cleared their 12 education and preferably pursuing or completing b.com. The project will additionally emphasize that 10-20% of youth have dropped out of formal education.“caf India is in a unique position to facilitate skilling and employment needs through its network of partners. This project is a step towards mitigating the household income gap created by the pandemic by equipping the youth to future-ready and employable, says
Nivedita narain, caf CEO.
About Atulya foundation: it is the philanthropic arm of capital India finance limited (cifl). It was established
in 2019 with an aim to improve the lives of underprivileged sections of society. For the past 2 years, the
organization has been working diligently in areas of rural development, health & hygiene, environment, and
emergency relief, thereby positively impacting the lives of more than 20,000 people.
This article was shared with Prittle Prattle News as a Press Release.
