CSR: NABARD providing financial assistance to TCIT to skill rural youth

NABARD and Tata Community Initiatives trust (TCIT) have entered into a pact to impart skill development training to as many as 5000 rural unemployed youth over a period of five years. An MoU was signed for this initiative in the presence of Shaji KV, Deputy Managing Director, NABARD and Ms Anita Rajan, CEO, TCIT, in Mumbai.

As part of this CSR partnership, NABARD would provide financial assistance to TCIT for conducting training programmes for rural unemployed youth across the country in trades like android app development, industrial electrician, domestic electrician, general duty assistant, hospitality, etc.

While emphasising on the commitment of NABARD in skilling rural youth for gainful employment, Shri Shaji K.V said participation of other stakeholders is equally important for bridging the gap in demand and supply of skilled labour. He invited reputed corporates to collaborate with NABARD for implementing various rural development projects under CSR, in new areas including solar technicians.

NABARD has so far supported skill development of over 9 lakh rural youth through some 35 thousand training programmes with a grant assistance of Rs. 174 crore.

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