CSR for Skill Development
NSDC works with Corporates, Foundations, Government, and community-based organizations in structuring high impact collaborative projects.
The Company Act, 2013, which came into effect on 1st April 2014, lists Corporate Social Responsibility (CSR) mandate for Indian companies. Over the past year, NSDC has evolved a robust framework to solicit funds for skill development projects in line with these guidelines. While many private and public sector enterprises have supported vocational training programs in the past, the Act provides an opportunity to tap into these funds in a structured manner. Today, NSDC can assist any entity to design structure and manage skill development projects due to its nation-wide presence through its training organizations.
The Project can be structured through a direct bipartite agreement, or a tripartite agreement with contributions to the National Skill Development Fund, a Government of India fund under the Ministry of Skill Development & Entrepreneurship. All projects are implemented through approved training partners of NSDC, with monitoring and reporting of project outcomes provided centrally by NSDC.
NSDC actively participates in CSR discussions to advocate for skill development through outreach events, industry forums, one-on-one consultations and other ways.
For further details please refer the Draft Handbook for CSR in Skill Development
NSDC CSR Engagements for Skill Development: