Shillong: The Meghalaya Government, in collaboration with the National Stock Exchange (NSE), has initiated a skill development programme to train students in the Banking, Financial Services, and Insurance (BFSI) sector.
Faculty development kicks off programme
The programme began with a Faculty Development Programme (FDP) in Shillong on January 20. Organized by the Directorate of Higher & Technical Education, the State Higher Education Council, and NSE, the three-day FDP aims to equip faculty members of higher education institutions with tools to train students in BFSI-related skills.
Government’s focus on employability
Speaking at the inauguration, A. Ch. Marak, Secretary to Meghalaya’s Education Department, emphasized the need to bridge the skills gap in the BFSI sector and urged participants to actively engage with resource person Biswanath Chakraborty, a SEBI-certified trainer. H.D.B. Sangma, Director of Higher & Technical Education, underlined the programme’s potential to improve employability among Meghalaya’s youth by enhancing their understanding of financial markets.
MoU between Education Department and NSE
The programme follows a Memorandum of Understanding (MoU) signed between the Meghalaya Government and NSE. The MoU aims to create job-ready graduates, improve financial literacy, and contribute to the socio-economic development of the state.
Long-term goals of the initiative
The partnership intends to promote awareness about the securities market and provide critical training to enhance students’ capabilities. By focusing on the BFSI sector, the initiative seeks to improve job prospects and create a skilled workforce for Meghalaya’s growing economy. The ongoing FDP, which concludes on January 23, is the first phase of the broader skilling initiative.
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