ASDC partners with Hero MotoCorp to train in Automotive Servicing
The Automotive Skills Development Council or the ASDC and Hero MotoCorp, also known to be the largest motorcycles and scooters manufacturer in the world, are collaborating to develop a short-term training course in automotive servicing – Two-Wheeler Preventive Maintenance & Repair. The ASDC has designed the program with the help of the content already made available by Hero MotoCorp and also has enhanced the curriculum in order to match global standards. The National Council of Vocational Education & Training or the NCVET has approved this 63-day course consisting of practicals and theory, plus 14 days of On-The-Job Training. The main focus of this collaboration was to bridge the supply gap of skilled talent and to fulfil the requirement of manpower in the country. Read more.
Also Read: The future of workforce in retail sector – James Raphael
Indian Oil Corporation to hire 570 freshers who haven’t graduated yet
Indian Oil Corporation of India has begun accepting applications from January 15 for 570 apprenticeship positions from Maharasthra, Gujarat, Madhya Pradesh, Goa, Dadra & Nagar Haveli, and Chhattisgarh. The candidate is not eligible to apply if they have completed their graduation, have passed more than three years since the last academic qualification, have more than a year’s work experience, or is over the age of 24 as of January 31. This 12-month apprenticeship program will pay candidates a consolidated stipend along with another ₹2,500 monthly for conveyance, stationery, miscellaneous expenses. The candidates will be qualified to appear for the selection process on securing at least 40%, 35% for SC/ST/PwBD candidates, for a 90-minute objective written test conducted online. The last date for application is February 15. Read more.
Failure of Skill Loan Scheme forces government to propose changes
The Skill Loan Scheme, an initiative launched in 2015 with the aim of supporting over 3.4million Indian youths with skilling loans, has not been as successful as expected to be. This has forced the government to revamp programme by offering additional benefits like lowering the interest rates and relaxing the repayment schedule. The government is only considering proposing changes in the scheme now following a disappointing offtake of loans, having benefitted only 6,018 people by disbursing Rs64.37cr as of October 31st, 2021. Rajesh Aggarwal, the Skill Development Secretary, and the top officials of the Indian Banks’ Association, National Credit Guarantee Trustees Company, private and public sector banks, as well as other stakeholders sat in a meeting in order to discuss the same proposition. Read more.
