Nsdc Star Project - Partner Process Payout1

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Partner  Process An investee company of  22-Nov-13

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NSDC Star Scheme Partner Process

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    Partner Process

    An investee company of

    22-Nov-13

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    TheNationalSkillCertificationandMonetaryRewardScheme

    " A large number of youth must be motivated to voluntarily join

    skill development programmes. I propose to ask the NationalSkill Development Corporation to set the curriculum and

    standards for training in different skills. .At the end of the

    training, the candidate will be required to take a test conducted

    by authorized certification bodies. Upon passing the test, thecandidate will be given a certificate as well as a monetary

    reward of an average of Rs. 10,000 per candidate. Skill-trained

    youth will give an enormous boost to employability and

    productivity.I hope that this will be the trigger to extend

    skill development to all the youth of the country.

    Finance Minister

    Shri P. Chidambaram

    An investee company of

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    Aboutthescheme,andtheeligibilitycriteria

    An investee company of

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    TheSTARproject

    TheStandard Training Assessment & Rewards projectformulated bytheMinistryofFinance, GovernmentofIndiato

    by providing monetaryencourage skill development for youthrewardsforsuccessfulcompletionofapprovedtrainingprograms.Theschemeaimsto:

    Mobilize youth to take up vocational education as an opportunity ofbecomingemployable;Encouragestandardizationinthecertificationprocessandinitiateaprocess

    ofcreatingaregistryofskills;and

    Increaseproductivityoftheexistingworkforceandalignthetrainingand

    certificationtotheneedsofthecountry

    TheSTARprojecttargetstotrainandcertify1millionyouthby31March2014

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    Whataretheawardsofthescheme

    Undertheschemethecandidate

    Wouldbeprovidedtraininginanidentifiedskillsectorforaperiodof30days,rangingfrom30to100hours.(Hoursareflexible)Oncompletionofthetraining,thecandidatewouldbeassessedbythe

    appropriateassessment

    agencies

    duly

    authorized

    by

    the

    NSDC

    Sector

    SkillCouncils.

    Uponsuccessfulassessmentthecandidatewouldbegivenacertificate,

    signed by the relevant Sector Skill Council and NSDC, on a Govt. of

    Indiaofficialseal.

    Furtherthecandidatewouldbegivenamonetaryreward,to cover the

    training, assessment and certification fees

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    EligibilitycriteriafortheTrainee

    Thisscheme isavailabletoanycandidateof Indiannationalitywho: Undergoesaskilldevelopmenttraininginaneligiblesectorbyaneligible

    trainingproviderIs certified during Financial Year 20132014 by approved assessment

    agencies

    HaveavalidAadharNumberandaSBIBankaccountinhis/hername forthe

    the money to be transferred. These may also be facilitatedcourseoftrainingHavecompletedGrade10/12,dependingonthejobrole

    during

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    Doestraineeneedtopayforthetraining?

    Trainee will need to pay the training and assessment feesupfronttotheTrainingProvider.Uponcertification,instructionwillbesenttoleadbank(SBI)tocreditthemonetaryawardtotheregisteredaccountnumberwithin10days.However, the trainee is expected to pay a minimum of Rs.1000(assessment fees) of the course fee upfront, which would bereimbursedonsuccessfulcoursecompletionandcertification.

    The trainee would provide a signed undertaking to have taken

    remaining (whole/some ) amount of training fees on credit and

    the same amount be reimbursed to the training partner uponsuccessfullyclearingtheassessment.

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    Whowoulddotheassessment

    SSC appointed Assessment Agencies, independent of thetraining provider, will facilitate the assessment and reportbackresultsforcertificationandbanktransfer,ifcertified.Acandidatecanundergoassessmentanynumberoftimesforqualifying for a particular job role, at any approved

    assessmentagencybypayingtheassessmentfeeeachtime. Acandidatehas toundergoformaltrainingasaprerequisite

    forassessment.

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    NSDCApproach

    While the Scheme is intended to cover all job roles in all sectors, it will initially

    cover only a limited number of high-market-demand Job Roles in specifiedeconomic sectors from Levels I to IV in the NVEQF/NSQF.

    NOSs and QPs for these roles will be prepared by the respective SSCs, and will

    constitute 80% of the entry-level workforce in priority sectors

    To ensure that benefit is extended only to the trainees taking courses which are

    aligned to NOSs and QPs for eligible Sectors and Job Roles, a select list of

    training institutions will be approved for the purposes of this Scheme

    A select set of assessment agencies with demonstrated ability to assess the

    eligible training content w.r.t NOS and QPs, will be selected

    The banking network will be used for direct transfer of funds to the candidatestraining provider.

    SDMS will have the central repository of data which can be utilized by variousstake holders to monitor this Scheme.

    /

    www.nscsindia.org/AboutUs.aspx

    An investee company of

    http://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspxhttp://www.nscsindia.org/AboutUs.aspx
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    Industry Partners of Telecom SSC

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    RASCI Industry Partners

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    PartneringProcess&Payout

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    Ourrequirementsforpartnering

    AnurgeandpassiontobepartofthismonumentalprojectA commitment to transform the youth through skilling andcapacitybuildingGoodinfrastructure

    OHPs,whiteboard, comprisingoffullyequippedclassroomswith

    flipchartsandotherteachingrequirements Good computer laboratory with at least 20 P-4 and above

    machineswithreliablebroadbandconnectivityfortrainingandsubsequentassessment&certificationprocessA digitalcolor printer for printing the certificates for alleligible

    studentson180-200GSMpaper.

    An investee company of

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    An investee company of

    SectorsandcoursesofferedbyEmpowerPragatiSkillSectorCouncil Course Numberofhours

    oftrainingoveronemonthforfreshtrainees

    Numberofhoursoftrainingoveronemonthforworkingyouth

    Minimumstudenteducationalcriteria

    Telecom InStorePromoter 60to100hrs 30hrs Grade10+2

    FieldSalesExecutive 60to100hrs 30hrs Grade10+2

    CustomerCareExecutive(CallCenter)

    60to100hrs 30hrs Grade10+2

    CustomerCareExecutive(RelationshipCentre)

    60to100hrs 30hrs Grade10+2

    HandsetRepairTechnician 60to100hrs 30hrs ITIRetail SalesAssociate 60to100hrs 30hrs Grade10

    TraineeAssociate 60to100hrs 30hrs Grade10

    Healthcare GeneralDutyAssistant 120-240hrs 30hrs Grade10(preferable),butGrade8isalsoallowed

    Gems&Jewellery JewelleryRetailSalesAssociate(Basic)

    60to100hrs 30hrs Grade10+2

    Banking&Finance BusinessCorrespondent 60to100hrs 30hrs Grade10

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    Delivery channels and their responsibilities

    An investee company of

    ACTIVITY PARTNERCENTERMobilizationofstudentsaspertheeligibilitycriteriaprescribed. PartnerRegistrationofstudentsontotheSDMCportal,withUID,BankA/candotherdetails

    Partner/EP

    Classroom+labinfra(whereapplicable) PartnerTrainershiring+salary PartnerToTforthetrainers EPTrainingmanuals,content&studentworkbooks EPTrainingdelivery PartnerTrainingqualityaudit EPCollectingtheundertakingfromthecandidatesforassessmentfee&coursefee

    Partner

    Coordinatingwiththerelevantsectorskillcouncilforassessment EPPrinting&handingovercertificatespostassessmenttosuccessfultrainees PartnerHandlingtraineequerieswithrespecttopayments EP/PartnerCoordinatingwithSSC/NSDC EP

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    Processforstarting batch

    Partner Mobilizes

    candidates as per eligibilitycriteria

    EP to issue Fee Receipt to

    students for initial fees paid

    Assess partner

    infrastructure and Trainer

    Partner to ensure UID &

    SBI account number for

    every candidate enrolled{UID no: to be validated }

    Partners to collect

    undertaking from students

    for remaining course fee

    Finalize Month-wiseTargets &

    Sign Partner Agreement

    Student Data to beuploaded in SMS including

    Fee Receipt Number

    EP does ToT for Trainersprovided by partner

    (wherever required)

    Partner to send studentdata in the SDMs format to

    EP

    Partner to collect minimumRs. 1000 initial fees as

    assessment charges

    EP provides course-wareand session plan

    Batch start date to beuploaded on SDMs

    Partner puts up lab facilityas per SSC / EP guideline An investee company of

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    ProcessforAssessment&Payout

    Empower Pragati to

    coordinate with SSC forAssessment Date

    SSC to upload assessment

    results in SDMs

    Partner will Print Certificate

    as per norms given by EP

    Partner to hand over

    Certificates to qualified

    candidates within 2 working

    days

    EP to share with partners

    results of assessment for a

    batch

    Partner will print

    Assessment forms and

    other documents

    Partner payment to be

    made within 7 working days

    of EP receiving payment for

    the batch

    Partner to extend all

    facilities to Assessment

    Agency including Internet

    and Lab Facility

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    Partnerswhomobilize,providesinfrastructure,

    trainers and conductstraining

    Payout Model for Course Fee Rs.8,000/-

    advancedwithamaximum

    An investee company of

    Standard Model: StudentspayRs.1,000forassessmentchargesatthestartofthecourse

    Advance Cash Model:Studentpays:Student

    paysassessmentcharges+whole/someamount

    oftrainingfeesasadvance

    PartnerPayoutperstudentwhopasses

    PartnerPayoutperstudentwhoFails

    PartnerPayoutperstudentwhopasses

    PartnerPayoutperstudentwhoFails

    3000within7 daysafterE.P

    receivesthemoney.

    NIL 3000ofwhich50%ofTrainingfeecollectedasadvancewouldbepaid

    topartnerwithin7workingdaysof

    batchcommencementdatewitha

    maximumceilingofRs.2000and

    remainingwould bepaiddaysafter

    E.Preceivesthemoney*

    TrainingFeereceivedas

    ceilingofRs.2000

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    *ExampleAny partner who is able to get students to pay whole or part of the Rs.8,000 course fee in advance over and above the Rs.1,000/-

    assessment fee would be paid 50% of the course fee advance money with a ceiling of Rs.2,000/- for every candidate. This would be paid

    within 7 working days of the batch being registered with NSDC / SSC.

    Case1: Partner enrolls a batch of 50 students with Rs.1,000/- assessment fee + Rs.2,000/- advance towards course fee. And 40students pass the assessment.

    Partner will be paid 50% of Rs.2,000 i.e. Rs.1,000 x 50 students = Rs.50,000/- within 7 days of the batch being registered

    Partner will be paid the remaining (Rs.3,000 Rs.1,000 = Rs.2,000) Rs.2,000/- x 40 students who pass = Rs.80,000/-

    within 7 working days of EP receiving money for the candidates who pass

    i.e. Partner would get a total of Rs.1,30,000 on the entire batch 50 students

    Case2: Partner enrolls a batch of 50 students with Rs.1,000/- assessment fee + Rs.5,000/- advance towards course fee. And 40students pass the assessment.

    Partner will be paid the maximum ceiling of Rs.2,000 x 50 students = Rs.1,00,000/- within 7 days of the batch being

    registeredPartner will be paid the remaining (Rs.3,000 Rs.2,000 = Rs.1,000) Rs.1,000/- x 40 students who pass = Rs.40,000/-

    within 7 working days of EP receiving money for the candidates who pass

    i.e. Partner would Rs.1,40,000 on the entire batch of 50 students.

    Therefore Partners who get more upfront money gets higher payouts and also gets more money in advance.

    Cash discount for students: Students, who are ready to pay 100% of the course fee (of Rs.8,000/- ) in advance along with the

    Rs.1,000/- assessment fee, will be give a 25% discount on the course fee. Hence the net payable by the student will be Rs.6,000/- coursefee + Rs.1,000/- assessment fee. In this case the student gets to keep Rs.3,000/- of the Reward Money even after all expenses.

    Partner payout will remain similar to the above structure for this case. i.e. The Partner will get Rs.2,000 upfront payment f or every studentregistered and remaining Rs.1,000/- per student who passes af ter receipt of money from NSDC

    An investee company of

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    Incentive Policy & Payment Terms

    Theaboveincentiveschemeissubjecttothefollowingtermsandconditions:The incentive scheme is only applicable till 31st March14and candidates who have appeared for assessment on orbefore 31st March would be considered under this scheme.

    Terms of Payment:

    ThepaymentswouldbetransferredtotheSERVICEPROVIDERforallthestudentswhohavebeenassessedandcertifiedassuccessfulbytheNSDCSectorSkillCouncilonorwithin7daysofreceiptofpaymenttothePRINCIPALfromNSDC.Itcanbe

    expectedundernormalcircumstancesthatpaymentsforallsuccessfulstudentswouldbemadewithinamaximumperiodof45

    daysofcompletionoftheassessmentanddeclarationoftheresultsbytheconcernedNSDCSectorSkillCouncil.

    TDSattherateof2%wouldbedeductibleatsourceonallpayments.AllpaymentswouldbemadethroughBanktransferonly.

    An investee company of

    No.ofCertifiedCandidates(aftersuccessful PartnerPayoutcompletionofexam)

    Rs.250/-percandidate.300-499

    Rs.400/-percandidate500-999

    Rs.600/-percandidate1000&above

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    An investee company of

    SampleCertificate

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    ContactDetails

    Ajeet SinghMandloi

    Mobile:8109034643 ,9926734643

    [email protected]

    nwww.Paraminformatics.in

    An investee company of