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In accordance with the new Companies Bill 2012, every company registered under the companies law or any previous laws having a Net worth of Rs. 500 crore or more; or a turnover of Rs. 1000 crore or more; or a Net profit of Rs. 5 crore or more, during any financial year has to spend at least two percent of its average Net profit made during the three immediately preceding financial years on CSR. Since children and youth are the future of any country, a number of companies have started actively focusing on CSR activities, with Education and Employment Enhancing Vocational Skills being a key area.
NIIT offers Education and Employment Enhancing Vocational Skills Solutions which are specifically targeted at under-served children and youth. In partnership with PSUs and Private Organizations whose CSR mandate includes education and skilling, we create custom offerings that mobilize students, train them in the areas which have been mutually agreed on and then place them in private sectors. The advantage of this to corporates is that they do not need to focus on the non-core area of sourcing and training. It is taken care of by NIIT through its entities NIIT Yuva Jyoti and the NIIT Foundation.
1) Setting up captive Skill Training Centers in locations of interest to the corporate, typically urban slums and villages
2) Sponsorship of students including specific profiles such as SC/ST, Girls, BPL, People with Special Needs, etc.
3) Setting up of Award winning Hole-in-the-wall learning stations to bridge the digital divide
Here is a sample of some of the projects undertaken:
Airport Authority of India (AAI), a PSU, set up a skill training center in Mumbai in partnership with NIIT in 2011. In the last two years, more than 1,000 students have been trained as part of this CSR activity.
Jindal Stainless Steel Ltd., partnered with NIIT in 2011 to set up skill training centers at Hisar (Haryana) and Jajpur (Odisha). Till now, more than 1,000 students have been trained under this initiative.
Panasonic India Pvt. Ltd. partnered with NIIT for its CSR activities in 2013. Currently, NIIT is supporting the set up and operations of two skills development centers in the Delhi NCR. Over the next three years, the goal is to train 1,475 youth in both career as well as non- career courses.
Indian Oil Corporation Ltd., a PSU, sponsored 100 girl students to be trained on job oriented skills in 2011.
Tata Communications Ltd. sponsored 100 students for job-oriented training.
In addition we also have tie-ups with companies like HCL Technologies, TCS and NDPL for CSR initiatives.
Hole-in-the-Wall Learning stations use a path-breaking learning methodology that was created by Dr. Sugata Mitra, NIIT’s Chief Scientist Emeritus. It facilitates learning for marginalized children by providing them with unconditional public access to computers through the Learning Stations. These stations have been very effective in addressing the digital divide
Tata Power has set up more than 20 Hole-in-the-wall Learning
stations in Mumbai and Gujarat.
ATC has set up 17 Hole-in-the-wall Learning stations in Madhya Pradesh,
Chhattisgarh and other parts of India.
Cipla Limited has set up 5 Hole-in-the-Wall Learning stations in HP.
Talent Solutions: Providing Ready-to-Hire Candidates in Retail, BFSI, BPO and Telecom for entry-level jobs.
Our programs are largely market-driven and job-oriented with a high degree of emphasis on industrial practices. With customer-centric innovations like the video log, online assessment engines and video resumes, we ensure that we deliver the best.
NIIT Yuva Jyoti Ltd: A unit set up by NIIT to undertake CSR activities on behalf of corporate enterprises. Visit www.niityuvajyoti.com for more details.
NIIT Foundation: A not-for-profit education society set up by the founders of NIIT in 2004. Visit www.niitfoundation.org for more details.