OUR STORY
IL&FS Skills Development Corporation Limited (IL&FS Skills) is a joint venture between Schoolnet India Limited (Schoolnet), formerly IL&FS Education and Technology Services Limited and National Skill Development Corporation (NSDC). The setting up of IL&FS Skills, in 2011, was triggered by the increasing demand of trained manpower for jobs created in various sectors. From being a pilot programme offered for the textile sector, today it is one of India’s largest vocational training company with a goal to train 4 million people, by 2022, through a network of 300 + institutes of skills, on the hub and spoke model.
Our model is based on addressing the needs of the industry and is, therefore, focused on making students work ready. We work extensively with various key stakeholders – government (Central and State), private companies (sponsors and employers), foundations, international bodies, trainees and parents - creating a vibrant mix of sponsored and trainee/employer-paid programmes, with a single objective of matching youth to jobs, or self-employment opportunities.
OUR IMPACT
Millions of Indians still live Below the Poverty Line (BPL) and face a number of issues related to health, education, and employment. Providing meaningful employment and livelihood opportunities to youth is an absolute necessity, to achieve inclusive and sustainable growth, given the favourable demographics. IL&FS Skills has been a front-runner in providing skills and livelihood training to people from different social groups. Our programmes have yielded impact through improvement in income and standard of living, not only for individuals but also their families and communities.
We have successfully skilled more than 1.6 million people, pan-India, capacitating them for employment. Of these, approximately 0.6 million people have been skilled through placement linked programmes, are from Bottom of the Pyramid (BoP) groups, are mostly school dropouts, and 8th or 10th class pass-outs, and 8th or 10th class pass-outs. 48% of our successful trainees are women, largely from backward regions of the country. Many of them are first-time entrants into the formal work set up and have evolved from being unskilled helpers to skilled operators and supervisors. The successful inclusion of women into the world of work through jobs and safe working conditions has also benefited their families and helped improve their overall attitude towards skills.
With focus on key areas of operations and growth opportunities, IL&FS Skills has divided its operations into 4 Strategic Business Units (SBUs):
1. Government Business
2. Retail Business
3. Corporate Social Responsibility (CSR)
4. TVET Services for Corporates and Institutions
They provide necessary impetus for leveraging opportunities in order to achieve the organisation's vision & mission: -
GOVERNMENT BUSINESS
This SBU focuses on the implementation of skill development programmes, funded by various ministries/departments, under Central & State Governments across the country
Some of the key schemes/ministries/departments/State Governments, we have worked with are:
Pradhan Mantri Kaushal Vikas Yojana (PMKVY) under the Ministry of Skill Development & Entrepreneurship, Government of India
Development & Entrepreneurship, Government of India
Integrated Skill Development Scheme (ISDS) under the Ministry of Textiles, Government of India
Suryamitra Scheme under the Ministry of New & Renewable Energy, Government of India
DDU-GKY scheme under the Ministry of Rural Development, Government of India
Seekho & Kamao and Nai Manzil Schemes under the Ministry of Minority Affairs, Government of India
Vocationalisation of Secondary Education, under NSQF, under the Education Department of various State Governments
Implementation of skill development programmes under various State Governments