SME Times News Bureau | 11 Sep, 2019
Union Minister
for Skill Development and Entrepreneurship Mahendra Nath Pandey on Wednesday said the concept
of Indian Institute of Skills (IIS) was envisaged by the Prime Minister Narendra
Modi.
Laying the foundation stone of Indian Institute
of Skills (IIS) at Mumbai, Pandey said, “The concept of Indian Institute of
Skills (IIS) was envisaged by the Prime Minister Narendra Modi himself when he
had visited the Vocational Education and Training Center in Singapore. It is
under his able guidance and direction that this institute will be on the lines
of the IITs and the IIMs that we have in our country.”
“It will aspire to earn a similar reputation,
stature and world-class infrastructure to cater to the demands of the international
market and modern requirements. Just like how we are now being known for ‘Make
in India’, soon we will be known for ‘Skilled in India’ as well,” he added.
The vision behind setting up IIS was to build
world-class skill training centres in line with reputed educational institutes
like Indian Institute of Technology (IIT) and Indian Institution of Management
(IIM), with first-hand learning facilities from internationally renowned
existing skill institutions.
Tata Education Development Trust (TEDT) was
selected as the private partner for setting up IIS at NSTI campus in Mumbai
through a competitive bidding process.
The Tata Group is investing about Rs. 300 crore
in the 4.5 acres campus that aims to bring best-in-class infrastructure and
facilities to students. The aim of the Institute is to ensure that 5000
trainees will be passing out every year with 70% placement opportunities.
The Union Cabinet had given its nod to set up
Indian Institute of Skills (IISs) in three locations of the country — Mumbai,
Ahmedabad and Kanpur, to give wings to the Skill India Mission. These institutes
will be constructed & operated on a PPP (Public-Private Partnership) model
and in not-for-profit basis.
Envisaged as world-class skill training center
imbibing best practices from internationally renowned existing skill
institutions, the institute will facilitate learnings and trainings through
strong industry connect in both public and private sectors.
The courses in this institute will include modern
training methodologies using digital and augmented learning platforms. It is
also an important step towards promoting apprenticeship-embedded courses and
offering higher order qualifications leading up to certificates, diplomas and
even degrees in conjunction with universities.
The driving force behind setting up a
state-of-the-art training institution like the Indian Institute of Skills
(IISs) is to help candidates equip themselves with marketable skills.
There is a need to build a skilled workforce
equipped with the required skillsets to meet the demand of Industry 4.0,
powered by technology like automation, Artificial Intelligence and machine
learning, cyber technology, energy conservation etc.
The skill scenario is changing world over, and
these institutes will keep us competitive. The setting up of the institute in
Mumbai will also cater to aspirations of the youth of Maharashtra eager to
become a part of the new-age industrial economy,” he added.
The Government has provided land to the private
partner for a period of 25 years for the institute, with comprehensive project
reviews every 5 years mapping performance outcome.
Natarajan Chandrasekaran, Chairman, Tata
Sons extended his best wishes on the foundation ceremony and said that
Tata is privileged to be a part of a project conceptualized by the Hon’ble
Prime Minister, himself.
He said that jobs are critical for economic
growth and with the current demographic dividend, skill development is the
appropriate solution to get the youth productively employed. He said that we
need to ensure that latest market relevant skills are imparted to make the
youth ready for jobs of the future.
Along with the foundation laying ceremony, the
dignitaries also undertook tree plantation today at the National Skill Training
Institute campus in Mumbai.