The National Skill Development Corporation (NSDC) and AICTE have forged partnerships with Bajaj Finserv Ltd., one of India’s leading financial services groups, to prepare young graduates for employment opportunities in the financial services sector.
The signing of MoUs between the two organizations will build competencies at scale in the financial sector and empower youth to participate in the transformation happening in the financial and digital space.
The Prime Minister’s vision of Viksit Bharat, the Voice of Youth program, elicited the ideas of youth for a developed India, the role of skill development, and the financial sector in the making of a developed India.
Shri Pradhan emphasized that our youth will play a key role in making a Viksit Bharat driven by knowledge, competencies, skills, and the right attitude. He said that we are building a super highway of knowledge and competencies and India can become the hub for the global financial services market.
Prof. T.G. Sitharam, Chairman of AICTE, expressed his views that the signing of MoU with Bajaj Finserv will further usher to new collaboration in education and industry-academia linkages.
He added that the partnership with NSDC and the Ministry of Education will help make a difference to young people by providing them with greater access to skilling, opening infinite possibilities of success. It will also build economic resilience and an inclusive workforce for the future, in line with the theme of Kaushal Bharat, Kushal Bharat.
Under the partnership, Bajaj Finserv will take forward skilling initiatives to build the capabilities of 20,000 candidates through its Certificate Program in Banking, Finance & Insurance (CPBFI), a 100-hour program developed in collaboration with industry experts, training partners, educational institutions, and psychological health institutes. CPBFI currently runs across 350+ colleges in 23 states, 100 districts, and 160+ towns.
Both the partnerships focus on creating dynamic curriculum development that adapts to the ever-evolving landscape of finance, banking, and insurance, weaving together the latest industry trends, technological advancements, and best practices into the curriculum.
The partnership with NSDC will be elevated on Skill India Digital (SID), ensuring that students are not just academically equipped but thrive in the practical realities of these sectors.
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