16, Feb 2023
NSDC Partners With HDFC Life for Boosting Entrepreneurial Skills

Pune, February 16, 2023: To support self-employment and augment entrepreneurial opportunities, National Skill Development Corporation (NSDC), working under the aegis of the Ministry of Skill Development & Entrepreneurship (MSDE) has entered into a partnership with HDFC Life, one of India’s leading life insurers, under the Skill India Mission.

As part of this collaboration, NSDC will support HDFC Life in inducting trained life insurance advisors and strengthening the last-mile reach. The partnership will provide training to candidates undergoing the IC38 examination conducted by the Insurance Regulatory and Development Authority of India (IRDAI) and drive skill enhancement. Further, by imparting soft skills, this collaboration will facilitate opportunities for the youth to explore self-employment prospects for sustainable livelihood. The candidates will be trained for soft skills that will groom them professionally thus enabling them to connect better with prospective customers.

On this occasion, Ved Mani Tiwari, CEO, of NSDC and MD, of NSDC International, said, “NSDC endeavors to create a sustainable and enabling skill ecosystem. This partnership with HDFC Life is an important step to strengthen the existing talent and upskill them in the insurance sector, as per the market requirements. Our focus on skilling and upskilling India’s youth will not only empower its workforce but will also create new booming sectors in the economy. This partnership envisions huge growth potential for both organizations and will serve as a great opportunity for the potential candidates to become job providers from job seekers.”

Speaking on the collaboration, Suresh Badami – Deputy Managing Director, HDFC Life said, “We are delighted to partner with NSDC and do our part in supporting the Skill India Mission. India is poised for growth as a large number of young Indians are entering the workforce. Our partnership with NSDC will aim to impart skills and give an opportunity to individuals enabling them to build their livelihood. Our strong learning and development platform is designed to equip individuals with a diverse set of skills. These individuals will in turn play a key role in enhancing the reach of life insurance in the country.”

This partnership intends to facilitate livelihood creation and promotion of entrepreneurship opportunities for financial and social inclusion. In addition, to create wider awareness about the program under this collaboration, NSDC, and HDFC Life will organize various digital and on-ground initiatives.

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