The National Skill Development Corporation, (NSDC) is a one of its kind, Public Private Partnership in India, under the Ministry of Skill Development & Entrepreneurship
The NSDC provides skill development funding either as loans or equity, and supports financial incentives to select private sector initiatives to improve financial viability through tax breaks etc.
NSDC’s financing initiatives provide funding through
- Loan
- Equity
- Grants
The NSDC will adopt a phased and detailed due diligence process to select proposals for funding to provide funds for vocational traininganizations private players.
Eligible Organization:
- Industry bodies.
- Training & skill development organisations.
- Non-governmental organisations (NGOs.)
- Business associations.
- Social entrepreneurs.