New Delhi: National Aluminium Company Limited has signed a memorandum of understanding with the National Skill Development Fund and National Skill Development Corporation, under which NALCO will contribute 5% of its corporate social responsibility funds, approximately Rs1.3 crore in the current year. The MOU was signed between the ministry of skill development and entrepreneurship, and the ministry of mines.
All programmes undertaken under this agreement will be aligned to the National Skills Qualification Framework, an outcome-driven standards system that organises qualifications according to a series of levels of knowledge, skills and aptitude. The funds will be used for skilling of youth and women in operational areas.
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