NAREDCO inks joint venture for skill development

Realtors body National Real Estate Development Council (NAREDCO) recently signed an agreement with the Ministry of Housing and Urban Affairs to provide skill training and jobs in the construction sector to 2.5 lakh urban poor as the move will strengthen the skill trainings and employment opportunities under the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission, NAREDCO, President Niranjan Hiranandani said. He added that there are two objectives of this MOU, first is to provide employment to urban poor waiting to enter construction sector and secondly up-skill the semi-skilled construction workers working on construction sites to a skilled category. NAREDCO would ensure the implementation of this initiative through training providers whereby a majority of the fresh and up-skilling training program will be delivered at the construction sites. The training curriculum under this initiative will range from minimum 80 hours (10 days) to a maximum of 6 months. The association would be responsible for the overall implementation, achievement of the targets and outcomes, he added.