PNB Housing Finance(PNBHFL) has signed a ‘Letter of Intent (LoI)’ with CREDAI (The Confederation of Real Estate Developers Association of India) CSR Foundation to train 13,000 construction workers on-site and off-site, across India.
As part of this initiative, PNB Housing Finance and CREDAI CSR said that they have collaborated with eight skill institutes to roll out the program in select cities across 15 states. The states to be covered in this are—Delhi, Andhra Pradesh, Bihar, Gujarat, Haryana, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh and West Bengal.
“Under this initiative, the skill development training programs reinforce the prior learning of workers, thereby including them in mainstream workforce assuring formal, continuous employment and its benefits. It also aims to upgrade skills of construction workers to meet global benchmarks, which in turn, shall increase the productivity of the workforce,” PNBHFL said.
PNBHFL has trained about 27500 persons in partnership with CREDAI in the last five years. The company provides skill training in masonry, bar bending, shuttering, electrical, painting, welding, fabrication, and plumbing. The program is being closely monitored by ‘Construction Skill Development Council of India’, which help in assessing the initiative’s implementation, progress and result.
“With this partnership, we believe that we will be able to make the construction workers enhance their skills, earn better wages in times to come and thereby upgrade their lives and families,” said Sanjay Gupta, managing director, PNBHFL.
“The association will help in social and economic upliftment of the construction workers, thereby further contributing towards the Indian economy,” said Satish Magar, president CREDAI. “CREDAI aims to train over 1 lakh workers in the next two years, and our association with PNBHFL will give us an ideal platform to achieve this objective,” he said.