Currents Affairs & GK – Jul 16, 2017



General Studies-II
Government policies and interventions for development in various sectors; development and management of Social Services relating to Human Resources
Second Anniversary of Skill India Mission celebrated

Ministry of Skill Development and Entrepreneurship (MSDE) here today celebrated the second anniversary of Skill India Mission on the World Youth Skills day.

SKILL INDIA Mission was launched by MSDE on the occasion of the first ever World Youth Skills Day on 15th July 2015. The Mission has been developed to create convergence across sectors and States in terms of skill training activities.

Key institutional mechanisms for achieving the objectives of the Mission have been divided into three tiers, which will consist of:

  • a Governing Council for policy guidance at apex level;
  • a Steering Committee; and
  • a Mission Directorate (along with an Executive Committee) as the executive arm of the Mission.

Mission Directorate will be supported by three other institutions:

  • National Skill Development Agency (NSDA)
  • National Skill Development Corporation (NSDC) and
  • Directorate General of Training (DGT)

Seven sub-missions have been proposed initially to act as building blocks for achieving overall objectives of the Mission. They are:
(i) Institutional Training, (ii) Infrastructure, (iii) Convergence, (iv) Trainers, (v) Overseas Employment, (vi) Sustainable Livelihoods, (vii) Leveraging Public Infrastructure.


National Cooperative Development Corporation (NCDC)

National Cooperative Development Corporation (NCDC) was established by an Act of Parliament in 1963 as a statutory Corporation under the Ministry of Agriculture & Farmers Welfare.

Functions of NCDC:

Planning, promoting and financing programmes for production, processing, marketing, storage, export and import of agricultural produce, food stuffs, certain other notified commodities e.g. fertilisers, insecticides, agricultural machinery, lac, soap, kerosene oil, textile, rubber etc., supply of consumer goods and collection, processing, marketing, storage and export of minor forest produce through cooperatives, besides income generating stream of activities such as poultry, dairy, fishery, sericulture, handloom etc.

NCDC also assists different types of cooperatives by expanding its financial base. NCDC could finance projects in the rural industrial cooperative sectors and for certain notified services in rural areas like water conservation, irrigation and micro irrigation, agri-insurance, agro-credit, rural sanitation, animal health, etc.

Loans and grants are advanced to State Governments for financing primary and secondary level cooperative societies and direct to the national level and other societies having objects extending beyond one State. Now, the Corporation can also go in for direct funding of projects under its various schemes of assistance on fulfillment of stipulated conditions.