The COVID-19 crisis has changed the world as we know it. The global economy has taken a hit and the impact is going to last for many months to come. While sustaining operations have become difficult for many companies; layoffs, furloughs and pay cuts are some of the grim realities for numerous employees.
With the changing economic landscape, many individuals will look entrepreneurship as the option for value creation and meaningful engagement. Bearing this in mind, Indian Prime Minister Narendra Modi announced ‘Atmanirbhar Bharat Abhiyan package’ to support new and existing entrepreneurs and make as many individuals self-sufficient as possible. Under it, a major portion of Rs 20 lakh crore has been allotted to support small and medium enterprises in grassroot sectors.
The package will bring new opportunities for:
- Medium enterprises
- Youths associated with start-ups
To survive and thrive in the brave new world, a business owner or an employee must be a lifelong learner, innovative, and willing to upgrade skills. Many Indian graduates, however, lack the generic and technical skills to be employable. Several of them, who were hired for their technical skills, lost their jobs due to the lack of generic skills.
To address that SDRC has joined hands with New Delhi-based Management & Entrepreneurship and Professional Skills Council (MEPSC) as its industry and implementation partner. Under the partnership, SDRC will impart entrepreneurship skills, employability skills, generic and soft skills, and management training and assessment.
Compared to two-year MBA programs, the skill training imparted under the MEPSC programs are far more cost effective and hands on. Also, the programs are not any industry or sector specific. Candidates trained and certified under these programs can move from one sector to the other. These programs are designed to create technically competent industry professionals for both domestic and international markets.
Speaking on the partnership, Col Anil Kumar Pokhriyal, chief executive officer of MEPSC said, “The key objective of MEPSC is to create a robust and vibrant eco-system for quality vocational education and skill development in Management & Entrepreneurial and Professional Space in the country by collaborating with all genuine and meaningful industry partners. Our programs have been designed with Industry standards, focussed on the employer acceptability in various job roles under the sub-sectors of – Office Administration, Training & Assessment, Professional Skills, Security Sector, and Employability and Entrepreneurship. MEPSC is sanguine that this association with SDRC would deliver quality outcomes as mandated for the betterment of the entire skilling ecosystem.”