Will co-create and conduct training programs on financial services for
youth in rural areas to help them find job or entrepreneurship opportunity
Airtel
Payments Bank and National Skill Development Corporation
(NSDC) today announced a partnership to skill youth in rural India and
enable them to find employment opportunities within the financial services
industry.
Financial services, viz. banking, payments,
insurance and allied services – are growing rapidly in the country and in
particular, the under-penetrated markets comprising of villages and Tier 4/5/6
towns. These services present a massive opportunity in tandem with the
Government’s vision for financial inclusion. Youth population coming from the
emerging markets has the potential to be a part of this growth
journey.
The partnership aims to
combine NSDC’s rich experience, deep training infrastructure, and wide network
with Airtel Payment Bank’s industry insights to design and conduct targeted
skill development programs for rural youth.
· The Skill Development Programs
will be tailored for imparting knowledge and skills for entry-level jobs such
as Business Correspondent, Field Sales Executive, etc among others within the
financial services sector. There will be a strong focus on adoption of digital
tools to drive online banking and digital financial services given the growing
penetration of affordable smartphones and 4G networks in the
country.
· Airtel Payments Bank and NSDC
will leverage their industry linkages and help the participants in finding
suitable jobs.
· The partnership will also
encourage skill trainees to become entrepreneurs, such as
distributors/resellers of financial services, thereby creating employment
opportunities for people in their local geographies.
Further, Airtel Payments
Bank will also conduct an awareness drive at NSDC’s training centres. Under
this drive, the Bank will organize sessions highlighting importance of digital
banking, its benefits and also provide hand on digital banking experience
during these sessions.
This collaboration will
also extend to Eskill India,
NSDC’s digital skilling initiative. Special learning modules will be built to
create awareness about digital financial service and will be introduced on the
platform.