L&T chief AM Naik to head National Skill Development Corporation
29 November 2018
The government on Wednesday announced the appointment of AM Naik, group chairman of construction and engineering giant Larsen& Toubro, as chairman of National Skill Development Corporation (NSDC).
Currently group chairman of India's biggest engineering and construction conglomerate, his years of successful stewardship have resulted in building L&T as one of the strongest global businesses. He is also one of the most respected management professionals in the country.
Making the announcement, minister of petroleum and natural gas and skill development and entrepreneurship Dharmendra Pradhan said Naik epitomises core values of a successful leader - strength, innovation, ingenuity, knowledge and foresight – values that are imperative to the success of any development initiative in today's economy. His standing in the community of industrial leaders will strongly enhance the industry connect. His vast experience will take NSDC to greater heights, Pradhan said.
"I am confident that this organisation under his leadership, apart from its engagement in executing skilling modules, should also be a think tank providing direction and necessary guidance for creating a demand based skilling ecosystem in the country,” Pradhan said.
“NSDC has developed a unique model combining skill development with strong industry partnerships. I am pleased at this opportunity to contribute towards our common vision of a high skill, high value added economy that offers opportunity to all,” Naik said commenting on his appointment.
The appointment of Naik as chairman of NSDC underscores the importance attached by the Prime Minister Narendra Modi to skill development. As the prime minister has repeatedly stressed, ‘skilling brings a sense of self confidence to the poor. Matching job creation with industry demand is the key to end unemployment. It is envisaged that in the future, India will be the biggest supplier of workforce to the world.’
Naik was awarded the Padma Bhushan, India's third highest civilian award in 2009 for his outstanding contribution to the economic growth of the country.
NSDC is a unique public-private-partnership working under the aegis of the ministry of skill development and entrepreneurship. NSDC aims to promote skill development by catalysing creation of large, quality and for-profit vocational institutions. The organisation provides funding to build scalable and profitable vocational training initiatives. It also develops appropriate models to enhance, support and coordinate private sector initiatives.
NSDC supports short-term skill training through a wide network of training providers and district nodal skill centres called Pradhan MantriKaushal Kendra (PMKK). Besides, the organisation is involved in re-skilling and also in catering to the skilled manpower requirement of overseas markets, most notably that of Japan (under TITP) and the UAE.