The National Skill Development Corporation (NSDC) is a not-for-profit public limited company established in 2008 under the Ministry of Finance and now functions under the Ministry of Skill Development and Entrepreneurship (MSDE), Government of India. Its primary objective is to promote skill development by catalyzing the creation of large, high-quality, for-profit vocational institutions. NSDC aims to bridge the gap between the demand and supply of skilled manpower across various sectors in India.

NSDC plays a key role in implementing the Skill India Mission, launched in 2015. It partners with private sector organizations and training providers to fund and support vocational training initiatives. The corporation supports a wide range of skill development programs through financial support, capacity building, and quality assurance frameworks. It also works with Sector Skill Councils (SSCs) to develop industry-relevant curricula and standards, ensuring that trainees are equipped with market-relevant skills.

One of NSDC’s major contributions is the Pradhan Mantri Kaushal Vikas Yojana (PMKVY), which offers short-term training and recognition of prior learning to enhance employability. NSDC also collaborates internationally to align Indian skill standards with global requirements and attract investments in skill development.

Through its efforts, NSDC has helped create a robust ecosystem of skill training providers, certifying bodies, and industry linkages. It continues to play a pivotal role in empowering youth, reducing unemployment, and boosting India’s workforce competitiveness globally.