Ed-focused NBFC Avanse to support youth with financial solutions for skill training

New Delhi, June 15 (KNN) In partnership with the National Skill Development Corporation (NSDC), education-focused NBFC Avanse Financial Services will provide youth with financial solutions for skill development and training.

The goal of the agreement is to cater the growing need for a skilled workforce in the country across various sectors by assisting the aspirants in acquiring the required skills with the help of customised financing solutions.

Emphasising on the importance of this collaboration, Amit Gainda, MD & CEO, Avanse Financial Services said, “Skill development is extremely crucial, as it can contribute to structural transformation and economic growth by enhancing employability and labour productivity.”

This partnership will assist Avanse Financial Services in creating an empowered workforce in India with the help of the institutions affiliated with NSDC through a result-oriented framework that corresponds with the need of the industry.

Along with academic degrees, the requirement of skill-based education or vocational training has also become extremely crucial as employers expect potential employees to have practical skills.

Technical and Vocational Education & Training (TVET) enables people to acquire the necessary skills, which makes them job-ready and thus, positively impacts the economy in the long-run.  (KNN Bureau)