Airtel Payments Bank Ltd has partnered with National Skill Development Corporation (NSDC) to train and skill the youth in rural India.This will enable them to find employment opportunities and become entrepreneurs in the financial services sector.
- The knowledge and training imparted to youth is to render financial and banking services more accessible to rural and semi-urban India.
Highlights of the partnership
Leverage-The partnership will leverage NSDC’s experience, training infrastructure and wide network with Airtel Payment Bank’s industry insights.
Skill development programmes-This leverage will enable them to design and conduct targeted skill development programmes for rural youth, which will impart knowledge and skills for entry-level jobs, such as business correspondent and field sales executive.
Focus of the programme- The skill development programmes will focus on adoption of tools to improve online banking as well as digital financial services, given the growing penetration of affordable smartphones and 4G networks in the country due to stay-at-home restrictions.
Conduct awareness campaign using NSDC’s training centres- Airtel Payments Bank will also use NSDC’s training centres to conduct awareness campaigns on the importance of digital banking and its benefits.
Extend to e-Skill India- This partnership will also extend to e-Skill India, NSDC”s digital skilling initiative.
Special Learning Modules– Special learning modules will be built and introduced on the platform to raise awareness about digital financial services.
Key Info
i.After the completion of the entry-level jobs such as business correspondent, field sales executive, among others, the Airtel Payments Bank and NSDC will leverage their industry connections to help participants find jobs.
ii.They will also encourage trainees to take on entrepreneurial roles like, distributors or resellers of financial services. This will create more jobs in their local geographies.
Note– India has the largest youth population in the world and a large proportion is residing in small towns and villages of the country.
About Airtel Payments Bank:
Headquarters– New Delhi, India
Managing Director(MD) and Chief Executive Officer(CEO)– Anubrata Biswas
Non Executive Chairman– Sunil Bharti Mittal
About NSDC:
Headquarters– New Delhi, India
Chairman– Mr. A M Naik
MD & CEO- Manish Kumar
Recent Related News:
i.Airtel Payments Bank joined hands with Mastercard to develop a customised payment solutions for farmers, SMEs
ii.Airtel Payments Bank joined hands with Bharti AXA to offer COVID-19 insurance plans namely “Bharti AXA Group Health Assure and “Group Hospital Cash” .
