What is the primary objective of the partnership between the Indian Institute of Management Indore and the National Skill Development Corporation (NSDC)?

Solution

In a stride towards advancing the landscape of skill development and entrepreneurship in India, Indian Institute of Management Indore has entered into a partnership with the National Skill Development Corporation (NSDC). The collaboration signifies a commitment to foster excellence and innovation in these critical domains. This collaboration is set to create a unique social impact model backed by pioneering projects that employ innovative approaches. These initiatives will provide professional support to underserved regions, communities, individuals and micro, small and medium enterprises (MSMEs), thereby nurturing a skilled ecosystem primed for market success. The collaboration also strongly emphasises strengthening the rural economy through training programmes covering market linkages, marketing, export promotion, leadership and entrepreneurial orientation, especially for tribal women. About NSDC National Skill Development Corporation is a not-for-profit public limited company incorporated on July 31, 2008, under section 25 of the Companies Act, 1956. NSDC was set up by Ministry of Finance as Public Private Partnership model.