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TN Skill development centre to generate 10K jobs in banking, financial services

Industry leaders engaged in the BFSI sector at a recent round table meeting extended their support to the state government's skilling initiatives to train the youth and college students

EdexLive Desk

Tamil Nadu Skill Development Centre has drawn up plans to generate 10,000 jobs in the banking and financial services sector under the government's 'Naan Mudhalvan' scheme. For the same, industry leaders engaged in the BFSI (Banking, Financial Services and Insurance) sector at a recent round table meeting extended their support to the state government's skilling initiatives to train the youth and college students, as stated in a report by PTI. 


Speaking on this, Naan Mudhalvan CEO (Tamil Nadu skilling and capability enhancement platform) M Jayaprakasan, chief mentor Sai Reddy highlighted the need for scaling up the BFSI sector at the meeting. "We want you to enter colleges, and do skill-based courses. We are more interested in course objectives, course outcomes and skills imparted. The government is keen in making Tamil Nadu the skill capital for the region," Jayaprakasan said.

Under the Naan Mudhalvan initiative, he said over 10,000 students underwent various skilling courses in the banking, financial services, and insurance sector. "Over 4,000 of them got placed and the process is continuing," he said.  

Further, Chief Executive Officer (CEO) of non-banking finance company Sundaram Finance, Rajiv C Lochan, said the economy was growing fast and so did the financial services sector. "This meant a lot of money flow was happening across business transactions. Besides domain and business skills, the youth should also be imbibed with values of integrity and doing business ethically," he said, as stated in a report by PTI.

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