--- title: "The National Skill Development Corporation, a not-for-profit public limited company has joined hands with which company to enhance the digital skills of the country's youth?" description: "The National Skill Development Corporation, a not-for-profit public limited company has joined hands with which company to enhance the digital skills of the country's youth?" author: "Lily Chitlangiya" published: 2022-02-08 canonical: https://answers.mindstick.com/qa/95651/the-national-skill-development-corporation-a-not-for-profit-public-limited-company-has-joined-hands-with-which-company-to-enhance-the-digital-skills-of-the-country-s-youth category: "current affair" tags: ["current affair", "digital skills"] reading_time: 2 minutes --- # The National Skill Development Corporation, a not-for-profit public limited company has joined hands with which company to enhance the digital skills of the country's youth? The National Skill [Development Corporation](https://answers.mindstick.com/qa/104533/what-is-the-significance-of-the-national-skill-development-corporation), a not-for-[profit](https://www.mindstick.com/articles/12959/are-you-struggling-to-increase-the-profit-of-your-liquor-store) [public](https://yourviews.mindstick.com/view/80728/jamia-milia-islamia-the-only-public-university-for-media-students) limited company has joined hands with which company to enhance the [digital skills](https://answers.mindstick.com/qa/95643/the-nsdc-has-partnered-with-which-university-to-provide-the-digital-skills-training-in-india) of the [country](https://yourviews.mindstick.com/story/3960/muslim-population-by-country-2024)'s [youth](https://www.mindstick.com/articles/23342/building-a-resume-for-troubled-youth-looking-for-their-first-job)? \ ## Answers ### Answer by Stuti Gupta > **The National [Skill Development](https://yourviews.mindstick.com/view/84503/why-skill-development-is-very-important-for-indian-youth) Corporation, a non-profit limited companies organization, has partnered with Paytm to help the nation's youngsters improve their [digital](https://www.mindstick.com/articles/85590/how-to-create-a-productive-digital-workspace) abilities.** \ **National Skill Development Corporation (NSDC)** is a non-profit limited company launched on July 31, 2008, following **Section 25 of the Companies Act, 1956**. The Ministry of Finance established NSDC as a **Public-Private Partnership (PPP) concept**. The **[Indian government](https://answers.mindstick.com/qa/95465/the-government-of-which-country-has-recently-declared-a-new-marine-protected-area-mpa-around-saint-martin-s-island-also-called-coconut-island)**, through the **Ministry of Skill Development and Entrepreneurship (MSDE), owns 49 percent of NSDC's shareholding, while the private industry owns the remaining 51 percent.** \ ![The National Skill Development Corporation, a not-for-profit public limited company has joined hands with which company to enhance the digital skills of the country](https://answers.mindstick.com/questionanswer/a8db9d88-c8d9-4828-b932-473c4603e963/images/ecf821a9-4f47-436d-94f8-38a80f8ea61a.png)\ \ \ **Also Read:** **[What is the name of world's most affordable Reverse Transcription Polymerase Chain Reaction based COVID-19 diagnostic kit launched by Ramesh Pokhriyal 'Nishank'?](https://answers.mindstick.com/qa/95648/what-is-the-name-of-world-s-most-affordable-reverse-transcription-polymerase-chain-reaction-based-covid-19-diagnostic-kit-launched-by-ramesh-pokhriyal-nishank)** \ The **National [Skills](https://www.mindstick.com/articles/23188/why-writing-skills-are-essential-to-succeed-in-business-and-technology) Development Corporation (NSDC)** seeks to encourage skills training by accelerating the establishment of **major, high-quality, for-profit technical colleges.** Furthermore, the organization grants financing to support the **development of sustainable and lucrative vocational training projects.** Its assignment retains the creation of a help network concentrated on **quality [management](https://answers.mindstick.com/qa/95474/which-state-ut-got-national-level-awards-for-covid-19-management-panchayat-development-index-at-24th-national-conference-on-e-governance-held-at-hyderabad), data management, and train-the-trainer institutes**, either separately or through alliances. By giving money to **firms, corporations, and organizations** that provide training skills, NSDC functions as an accelerator in developing skills. It also creates strategies to **improve, assist, and integrate private-sector activities.** The NSDC's distinct focus on **21 industries and its knowledge of their sustainability would make every area appealing to private sector investment.** \ --- Original Source: https://answers.mindstick.com/qa/95651/the-national-skill-development-corporation-a-not-for-profit-public-limited-company-has-joined-hands-with-which-company-to-enhance-the-digital-skills-of-the-country-s-youth Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.