The Skill Impact Bond, launched by the National Skill Development Corporation (NSDC) in 2021, has successfully trained more than 29,000 first-time job seekers from low-income families across 18 sectors in 24 states and union territories, where 73% of them have joined jobs. This initiative aims to equip 50,000 young Indians by bridging the gap between skilling and employment, where women account for 60% of the reach.
A key feature of the Skill Impact Bond is its strong gender-responsive approach. With 74% of trainees being women from low-income backgrounds, many with limited education and no prior work experience, the program has successfully engaged and retained these women in the workforce.
During his address, Shri Atul Kumar Tiwari, Secretary, Ministry of Skill Development & Entrepreneurship, said, “When thoughtful minds collaborate together, we don’t just invest; we build communities.” While addressing the gathering, Shri Ved Mani Tiwari, COO (Officiating CEO), NSDC & MD, NSDC International, said, “Skill Impact Bond has reached 29,000 lives across 24 states and 18 sectors with a 57% retention rate, aiming for 60%. Moving forward, the focus is on employability, employment, income enhancement, and entrepreneurship.”
