NSDC is a not-for profit Company set up by the Ministry of Finance, under Companies Act to promote skill development with the help of the private sector. It was launched in 2009, primarily to enable skills-related training through private-sector partners with the objective of skilling 150 million people by 2022.
Basically, NSDC’s role is to promote private sector participation in skill development. Hence the NSDC has an organization structure of a PPP entity. The equity holding of the company is that 51% of equities are held by private sector players especially industry organizations. The rest 49% is held by the government. Of the 13 directors of NSDC, nine are from private sector and the rest from government.
