The bank has partnered with different organizations to provide counselling services and training.
HDFC Bank has launched a training centre in Nagpur to provide necessary training and skill to youths, so that they become job-ready.
More than 13,000 youths from Nagpur and Bhandara will undergo skill training and career counselling at the centre. The bank will also help in finding relevant employment opportunities in retail, apparel, tourism and hospitality sectors for more than 3,000 youths.
The focus is to help the youth from rural areas to be job ready with relevant skills.
More than 12 million people join the workforce every year, but the skill training capacity of the country is just 4 million. Lack of necessary skills and training is producing unproductive youth workforce. The country needs to invest in skilling the workforce to see the desired economic growth.
Nusrat Pathan, head of corporate social responsibility, HDFC Bank, said, “As a socially responsible corporate, with the launch of our training centre in Nagpur, we aim to make more youth job-ready by counselling them on career opportunities and providing skills training needed for employment. This will enhance the employability of the youth to help them get meaningful employment opportunities. This in turn will further allow the nation to leverage the young population that India has. The initiative is in line with one of our core values–sustainability–where the objective is to create sustainable communities.”
The bank has partnered with different organizations to provide counselling services and training. An NGO, Friend Union for Energizing Lives (FUEL), will offer career counselling services, while Orion Edutech, which is a partner of National Skill Development Corporation (NSDC), will train and certify the youths.
Apart from guiding the youths in choosing and pursuing different career paths and giving them training, the bank will also help them to connect with various industry partners for scholarships.