Tag: The National Skill Development Corporation

New Delhi, July 15, 2024. The National Skill Development Corporation (NSDC) has essentially called for bringing parity between tax benefits available for education-related services, such as loans, and offering the same incentives to skill development training and courses as well. In a representation sent to the Finance Ministry on Friday, the NSDC has recommended changes to the Income Tax Act, and the Goods and Services Tax (GST). “These interventions are needed because of India’s renewed push in newer sectors such as electronics manufacturing. Some states have the benefit of having semi-skilled workers, but many states don’t have that luxury. There is a need to bring skilling at par with education, because having the right skills can help in gaining meaningful employment,” a person ...

New Delhi, October 2023. The National Skill Development Corporation (NSDC) has solidified a significant partnership with upGrad, Asia's largest learning, skilling, and workforce development company. Together, they have signed a Memorandum of Understanding (MoU) to deliver high-quality higher education and skilling programs to India Youth, aiming to boost the country's skill-ability. This collaboration is poised to transform the educational landscape, fostering skill enhancement. Additionally, it will open doors for a broader range of aspirants from non-metro areas and regional pockets, encouraging them to pursue study abroad programs, and ultimately positioning India as a talent hotspot on the global stage. The MoU was formally exchanged last Friday at NSDC office, New Delhibetwee...