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Discussion on “Udaan” A Special Industry Initiative (SII) for Jammu & Kashmir 2013 “Udaan” - a program to deliver skill and higher employment for the youth of Jammu and Kashmir has 3 key objectives 1• Bring about a sustainable change in the situation in Jammu and Kashmir by making a difference in the life’s of the educated youth 2• Provide exposure to the graduates and post graduates of Jammu and Kashmir to the best of corporate India – integrate them with the mainland! 3• Provide corporate India with exposure to the rich talent pool available in the state Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2012 NSDC. All Rights Reserved. 1 Program is a unique partnership between industry and the youth of J&K through NSDC UDAAN Corporate partnerships Associations Advocacy and support Program Implementation and funding support Facilitation, Proposal evaluation and Monitoring A corporate initiative focused on skilling and employability of 40,000 graduates and post graduates over a 5 year period Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2012 NSDC. All Rights Reserved. 2 What it means for Corporates • You have a need for talent • Look beyond your traditional areas of recruitment, look at J&K – contribute to a national cause! • Screen and shortlist from the rich pool of talent available • Put them through your training process • If found suitable – hire them! • NSDC will help with the funding for this process Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2012 NSDC. All Rights Reserved. 3 Evaluation and Approval Process for Corporate Proposals Roles And Responsibilities Board Representatives of Key Stakeholders – Both Gov & Private Sector; Chairman & CEO-NSDC • For information to the Board Proposal Approval Committee (AC) Representation from the MHA, State Government; NSDC and 1 independent member Proposal Evaluation Committee (PEC) Due diligence partners NSDC team Proposal introduction and evaluation • PAC approves or rejects the proposal • PEC forms a view on the evaluated proposals for discussion at the PAC • NSDC evaluates and performs financial and technical due diligence on feasible proposals Proposal to be submitted by filling the format available on the Udaan website Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2012 NSDC. All Rights Reserved. 4 Participation in the Udaan process has been kept very simple Process for approval of project…… • Connect with NSDC to understand details on program •2 Submit project proposal for due diligence at NSDC 1 •3 •4 …. And activities in the state 1 Understand the talent pool in the state 2 Start screening candidates for selection 3 Submit list of shortlisted candidates for security clearance 4 Start training 5 Recruit or help in recruitment Proposal gets discussed at PAC meeting MOU with NSDC Way forward: Both activities can happen in parallel Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2012 NSDC. All Rights Reserved. 5 Nature of entities that can participate in Udaan SII • Any legal entity • If a corporate intends that the training be routed through a prestigious training provider or apex level industry association, it could be allowed to do so as an exception provided that the corporate is solidly behind such an association and the corresponding MoU is in place with funding and commitments for provision of employment of minimum 70% of the candidates trained. • The Public Sector Undertakings (PSUs) can also participate in the scheme. Total expenditure for implementation of the scheme however will be borne by the participating PSU under the (Corporate Social responsibility) CSR head. Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2012 NSDC. All Rights Reserved. 6 Other Project Details Location of training • • It is proposed that the training be conducted outside the state of Jammu and Kashmir. However, in select cases the training may be conducted within the state of Jammu and Kashmir as well. Duration of training • Normally the training duration will be for 6 months which may be reduced to 3 months depending upon the requirement of corporates. Target candidates • The Scheme will cover graduates, post graduates, professional degree holders and three year engineering diploma holders. Final year students can also be included. Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2012 NSDC. All Rights Reserved. 7 Roles and Responsibilities of NSDC and Corporates Role Responsibility Submission of proposals to NSDC Corporate Evaluation of proposals NSDC Marketing of programme in J&K Corporate, with facilitation from NSDC Candidate recruitment in J&K Corporate, with facilitation from NSDC Training of candidates Corporate; reimbursed, subject to conditions (see next slide) Travel, boarding and lodging of candidates Corporate; reimbursed (see next slide) Stipend to candidates Corporate; reimbursed (see next slide) Travel & Medical-Accident Insurance Monitoring of project progress and reporting Corporate; reimbursed (see next slide) NSDC Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2012 NSDC. All Rights Reserved. 8 Budget for the program per candidate Elements of Budget A. Indicative Reimbursement Other Incidental expenses (i) Travel costs (ii) Boarding and lodging costs AC 2 tier fare will be allowed from J&K to the place of training. In addition any travel expenses incurred on candidate during the duration of training will be allowed. Rs 600 per candidate per day for Category X* cities for a maximum of 180 days. Rs 450 per candidates per day for Category Y* cities for a maximum of 180 days. Rs 300 per candidate per day for other locations for a maximum of 180 days *For definition of Category X, Y cities as (Please see next Slide) (iii) (iv) Stipend Travel & MedicalAccident Insurance Rs. 2500 per month per candidate for a maximum of 6 months Rs. 1,500 per candidate for the period of training of the candidate Other incidental expenses will always be paid on actuals, basis the utilization certificate provided by corporate partner. B. A fixed payment of Rs. 50,000/- per candidate will be admissible to the corporates provided it offers full time job to the trainee post training ( within or outside the company) for at least 90 days after successful completion of training. However the employment must happen within 6 months of the completion of training. Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2012 NSDC. All Rights Reserved. 9 Details of boarding and lodging costsDefinition of Category X, Y cities: Category ‘X’ cities • • • • • • • Delhi-NCR Greater Mumbai Chennai Kolkata Hyderabad Bengaluru • • • • • • • • • • • • Category ‘Y’ cities Andhra Pradesh: Vijayawada, • Maharashtra: Amravati, Nagpur, Visakhapatnam, Warangal, Guntur Aurangabad, Nashik, Bhiwandi, Pune, Andaman and Nicobar: Port Blair Solapur, Kolhapur Assam: Guwahati • Meghalaya : Shillong Bihar: Patna • Orissa: Cuttack, Bhubaneswar Chandigarh: Chandigarh • Punjab: Amritsar, Jalandhar, Ludhiana Chhatisgarh: Durg-Bhilai Nagar, Raipur • Puducherry: Pondicherry Goa: Goa • Tamil Nadu: Salem, Tiruppur, Gujarat: Ahmedabad, Rajkot, Jamnagar, Coimbatore, Tiruchirappalli, Madurai Vadodara, Surat • Rajasthan: Bikaner, Jodhpur, Kota, J & K: Srinagar, Jammu Jaipur Jharkhand: Jamshedpur, Dhanbad • Uttarakhand: Dehradun ,Ranchi • Uttar Pradesh: Moradabad, Meerut, Karnataka: Belgaum, Hubli, Dharwad, Aligarh, Agra, Bareilly, Lucknow, Mangalore, Mysore Kanpur, Allahabad, Gorakhpur, Kerala: Kozhikode, Kochi, Varanasi Thiruvanathapuram • West Bengal: Asansol Madhya Pradesh: Gwalior, Bhopal, Jabalpur, Indore Refer to the next slide for reimbursement schedule Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2012 NSDC. All Rights Reserved. 10 Reimbursement Schedule for Approved Projects 1st instalment What? 35% of annual approved other 35% of annual approved other incidental expenses to be borne incidental expenses to be borne by NSDC. by NSDC. Note: This does not include reimbursement of Rs. 50,000 towards training cost. When ? 2nd Instalment After project approval and initiation of training. Conditions to be complied MoU between NSDC and the with proposal owner signed. 3rd Instalment 30% of annual approved other incidental expenses to be borne by NSDC. Note: This does not include reimbursement of Rs. 50,000 towards training cost. Note: This does not include reimbursement of Rs. 50,000 towards training cost. Utilization 50% of the 1st instalment and achievement of corresponding physical target. Utilization of 90% of the total available funds and achievement of 100% of corresponding physical target. Submission of utilization certificates certified by a CAG approved auditor for 50% of the total available funds. Submission of utilization certificates certified by a CAG approved auditor for 90% of the total available funds. Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2012 NSDC. All Rights Reserved. 11 Visit the Udaan website for details and connect with us http://www.nsdcudaan.com Connect with us : Dilip Chenoy : [email protected] Gouri Gupta : [email protected] Abhishek Hegde : [email protected] Bint Abbas: [email protected] Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2012 NSDC. All Rights Reserved. 12