Updated By: LatestGKGS Desk
L&T's Anil Manibhai Naik appointed as Chairman of NSDC
L&T's Anil Manibhai Naik appointed as Chairman of National Skill Development Corporation (NSDC): Details, Career, Highlights
Union Government on 28th November 2018, has appointed Anil Manibhai Naik as Chairman of National Skill Development Corporation (NSDC).
Anil Manibhai Naik is currently Group Chairman of engineering conglomerate Larsen and Toubro (L&T). He was awarded Padma Bhushan, India’s 3rd highest civilian award in 2009 for his outstanding contribution to economic growth of the country.
About National Skill Development Corporation (NSDC)
NSDC is Public Private Partnership (PPP) under Ministry of Skill Development & Entrepreneurship (MSDE). It was founded in 2009 as not-for-profit company by Ministry of Finance.
NSDC aims to address need for providing skilled manpower across various industry sectors. Government of India (GoI) through MSDE holds 49% of share capital of NSDC, while private sector has balance 51% of the share capital.
NSDC aims to promote skill development by catalyzing creation of large, quality and for-profit vocational institutions.
NSDC main objective is to create training capacity in the country; fund vocational training initiatives and create market ecosystem for skill development. Its mandate is to train 150 million people by 2022. It is also involved in re-skilling and also in catering to skilled manpower requirement of overseas markets, most notably that of Japan (under TITP) and UAE.
