The Union Cabinet on Wednesday approved the merger of the existing regulatory institutions in the skills space - National Council for Vocational Training (NCVT) and the National Skill Development Agency (NSDA) into the National Council for Vocational Education and Training (NCVET).
NCVET will regulate the functioning of entities engaged in vocational education and training, both long-term and short-term and establish minimum standards for the functioning of such entities.
The primary functions of NCVET will include, recognition and regulation of awarding bodies, assessment bodies and skill related information providers; approval of qualifications developed by awarding bodies and Sector Skill Councils (SSCs); indirect regulation of vocational training institutes through awarding bodies and assessment agencies; research and information dissemination and grievance redressal.
This institutional reform will lead to improvement in quality and market relevance of skill development programs lending credibility to vocational education and training encouraging greater private investment and employer participation in the skills space. This in turn will help achieve the twin objectives of enhancing aspirational value of vocational education and of increasing skilled manpower furthering the Prime Minister's agenda of making India the skill capital of the world.