SKILL UPGRADATION

GROUP MEMBERS: RUKMANI IYER 17 JYOTI MITHBAVKAR25 NILESHWARI NARKHEDE27 JASON RODRIGUES41 VIKAS SHEVADE52

WHAT IS SKILL UP-GRADATION What is Skill – efficiency of applying the knowledge to complete certain task. What is Skill up-gradation – bringing advancement in the existing skills in order to achieve the desired objective.

OBJECTIVES OF SKILL UP-GRADATION SKILL UP-GRADATION To keep abreast with the highly competitive markets To remain productive in the role and the respective positions (for all professionals) To meet diverse customer requirements To retain efficient workforce To innovate To facilitate employees to take up new Roles & Responsibilities

JUNIOR LEVEL Execution and Supervisory skills MID-MANAGEMENT Good mix of Supervisory & Tactical ability SENIOR LEVEL Strategic and Leadership Dimensions KINDS OF SKILLS NECESSARY AT ALL LEVELS Skills that all managers must posses Good Communication Ability to Motivate Interpersonal Skills Ability to Influence others Ability Negotiate Ability to lead the team

WAYS IN WHICH SKILL UP-GRADATION HAPPENS Training & Classroom Sessions On-the-Job Horizontal Job Rotation WBTs for Competency Building Product focus Assessment Centre's

 A Young Bank with an intention to create World class Quality services to its clients  Inward looking and bank upon Employee Strength.  Believes in Employee Empowerment & diversification of roles and responsibilities  Provide Guidelines in the Functional roles  Continuous product up-gradation and customized services are offered. CASE STUDY ‘YES BANK’

 Through trainings  Incorporated ‘Entrepreneurship Idea Exchange’  ‘Knowledge verticals’  Horizontal Job rotation CASE STUDY ‘YES BANK’

The demand for unskilled workers is declining in the overseas employment market and the future belongs to the skilled workers, preferably with multiple skills. It is, therefore, important for India to upgrade the skills of its young work force to meet the challenges of future needs in the overseas employment market which is having a flux of emigrant labourers from neighboring countries. The overseas employment market is a highly imperfect market leading to malpractices by intermediaries, low wages, poor working conditions and exploitation of workers. The situation becomes worse due to lack of awareness and skills amongst emigrant workers. In such a scenario, there is a need for Government’s intervention to rectify the imperfect conditions and to give a support system to our potential emigrant workers. THE MINISTRY OF OVERSEAS INDIAN AFFAIRS

The scheme was introduced in the financial year and implemented through State Governments, training centers. the Ministry has drawn up a revised scheme under which the Ministry will fund for the training of the potential emigrant workers for skill up gradation to bridge the skill gap in the identified trades/vocations for which the emigrant worker has been offered employment overseas and pre-departure orientation. The training will be provided in partnership with the Ministry of Micro, Small and Medium Enterprises (MSME), select State Governments, Apex industry Associations, Non- Government Organizations working in the field and other key stakeholders. THE MINISTRY OF OVERSEAS INDIAN AFFAIRS

To develop appropriate skills and up gradation of existing skills amongst potential emigrants to bring up their skill level at par with the requirement of the overseas employment market, to enable them to compete with the emigrant workers coming from other countries and move up in the Wage Chain. It will empower the potential emigrants so that they are not exploited in the host country. The ultimate output would improve the productivity, prosperity and happiness amongst our emigrant workers with consequent positive repercussions on remittances and national development. OBJECTIVES OF THE SCHEME

Orientation programme specific to the countries. Demand driven short term training courses based on overseas market requirements. Duration of training programme ranging from 15 days to 3 months depending upon the requirement and skill gap Flexible delivery mechanism Training to be provided by centers under the Government, private sectors, NGOs and industrial establishments Optimum utilization of existing infrastructure to make training cost effective Testing and certification of prior learning (formally acquired skills of persons) Periodic review and ranking of training providers with a view to establish and rectify deficiencies and at the same time reorganize the best performing institutions and for establishing best practices. KEY FEATURES OF THE TRAINING PROGRAMME

By entering into appropriate partnerships with key stakeholders like the MSME, State Governments, Apex Industrial Associations, reputed NGOs working in the field etc. Through various Vocational Training Providers under the Government, Public and Private Sector and Industrial establishments. The Steering Committee formed at the Ministry level will be responsible for successful implementation of the Scheme. It will be designated in each state for coordination between the different institutions of the MSME, the State Governments and the apex industry associations. IMPLEMENTATION OF THE SCHEME

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