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SKILLS DEVELOPMENT AND ENTREPRENEURSHIP

In 2 years, 1200+ students and 3400+ farmers trained in relevant fields

Skills Training and Enhancement for Development of Youth (STEADY)

YES STEADY (Skills Training and Enhancement for Development of Youth) was launched by YES BANK in 2014, to provide employability training to youth through targeted skill building initiatives. The initiative is aligned with the Bank’s overall CSR strategy and focus area- Skill Development. YES BANK has always believed the youth of today is the future of our country. Encouraging entrepreneurship and job creation will promote sustained economic growth, higher levels of productivity and technological innovation. By supporting this initiative the Bank also supports and contributes towards Goal 4 (quality education) and Goal 6 (decent work & economic growth) of Sustainable Development Goals. The initiative is committed towards overall development of all sections of society and promote social development in the country.

 

For the programme, the Bank partnered with Deshpande Foundation to provide employability training to youth in Karnataka and Telangana states in the first phase. The programs aims at training and employment of 5000 students and till date, 3013 students were inducted and have undergone skill training under various focus sectors such as agriculture, accountancy, electrical works, BPO & soft skills and primary teachers training. Students in each course acquires a unique skill set, which is of their interest to help them in their future. The program has had a significant impact on the lives of these youth, with almost all of them going for higher education, being able to earn or start a business of their own independently.

With YES BANK’s support, Deshpande Foundation’s skill training program has become India’s largest skilling program in India by March 2017

 

 

Livelihood-oriented skills training in the tourism sector

Tourism has become an important economic driver and has significant potential in poverty alleviation by being an alternative source of livelihood, catalyzing development in remote locations, helping preserve local skills and traditions, driving enterprise development at the micro level, and promoting environment issues and sustainability. India’s tourism sector is predicted to grow at an average annual rate of 7.9% from 2013 to 2023, with the sector contributing 7% of India’s GDP, and supporting 37.4 Million jobs – close to 9% of India’s total employment, in 2015.

Expanding the scope and reach of YES STEADY, the Bank provides the livelihood oriented skills for inclusive transformation in the tourism sector.

The initiative focuses on providing school dropout youth with skills in the tourism sector including spoken English, computer literacy, grooming, and preparing for interviews and CV writing skills. At the end of the training, the students are provided employment linkages through facilitated placements with travel agencies and operators or they may work as independent local travel guides. The pilot program in FY 2015-2016 was conducted across four locations in NCR, Delhi, with 40 students.

 

Training in efficient farming techniques

YES BANK trained 3,429 farmers in efficient farming techniques involving irrigation methods, cultivation practices, crop economy and horticulture development in Raigad, Maharashtra.

The training also included knowledge sessions by agriculture scientists, state government authorities and private agriculture companies’ representatives.

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