Skill India is a campaign launched by Prime Minister Narendra Modi on 15 July 2015 which aims to train over 40 crore people in India in different skills by 2022. It includes various initiatives of the government like "National Skill Development Mission", "National Policy for Skill Development and Entrepreneurship, 2015", "Pradhan Mantri Kaushal Vikas Yojana (PMKVY)" and the "Skill Loan scheme".
The National Skill Development Corporation India (NSDC) was setup as a one of its kind, Public Private Partnership Company with the primary mandate of catalysing the skills landscape in India. It is based on the following pillars:
1.Create large and good quality vocational institute.
2.Reduce risk by providing patient capital. Including grants and equality.
3.To enable the creation and sustainability of support systems required for skill development. This includes the Industry led Sector Skill Councils