Skill Development Mission

The Ministry of  Labour & Employment has launched a National Skill Development Mission in the Eleventh Five Year Plan with the following three tier structure:

i.                     Prime Minister’s National Council on Skill Development under the Chairmanship of Hon’ble Prime Minister, for policy direction and review of skill development efforts in the country.

ii.              National Skill Development Coordination Board (NSDCB) under the Chairmanship of Deputy Chairman, Planning Commission to enumerate strategies to implement the decisions of PM’s Council.

iii.            National Skill Development Corporation (NSDC), a not- for-profit company under the Companies Act, 1956. The corporation is being funded by the trust “National Skill Development Fund” to which the Government has contributed a sum of Rs.1495.10 crore during Eleventh Five Year Plan.

             Till 29^th February, 2012, NSDC has approved 52 proposals involving a total financial commitment of about Rs. 1214 crore. Out of this, Rs. 179.36 crore have been disbursed.

             The National Sample Survey Office in the year 2009-10 estimated the number of new entrants in the labour market, to be 5.0 million per annum. However, a study has been conducted by National Skill Development Corporation (NSDC), according to which the incremental requirement of skilled manpower in 21 high growth sectors by the year 2022 is estimated to be 347 million. The detail are as follows:

S.No.	Sector/Industry	Incremental Human Resource Requirement ( in lakh)
1.	Building and Construction Industry	330
2.	Real Estate Services	140
3.	Gem and Jewellery	46
4.	Leather and Leather Goods	46
5.	Organized Retails	173
6.	Textile and Clothing	262
7.	Electronic and IT Hardware	33
8.	Auto and Auto Components	350
9.	IT and ITES	53
10	Banking, Finance Services and Insurance	42
11	Furniture and Furnishing	34
12	Infrastructure Structure	1030
13	Tourism and Hospitality   Services	36
14	Construction Material and Building Hardware	14
15	Chemicals and Pharmaceuticals	19
16	Food Processing	93
17	Healthcare	127
18	Transportation and Logistics	177
19	Media and Entertainment	30
20	Education and Skill Development Services	58
21	Select informal employment sectors (domestic help, beauticians, facility management, security guards)	376
	Incremental	3470