Skill Development Dr Reddys Foundation

Skill Development

100+
beneficiaries
Women
1%
women aspirants
1
states

Overview

To harness India’s demographic dividend and meet aspirations of the country’s growing under-25 population, for better jobs and higher incomes, skill development is essential. From an economic standpoint, skill development reduces un-employment and underemployment, increases productivity and most importantly breaks the cycle of poverty and inequality. 

Dr. Reddy’s Foundation’s interventions in skill development started in 1999. Our Livelihood Advancement Business School (LABS) is among country’s foremost short-term employment oriented skill development program. Unemployed youngsters from low-income households received 92-days technical and life skills training with placement assistance.

From 2016, the foundation’s new skill development initiatives are focusing on delivering industry-vetted ‘Core Employability Skills’ and ‘Technical Skills’ that prepare aspirants for careers across sectors, including healthcare. With the right training and job matchmaking, the programs are helping young Indians from underrepresented communities improve their standard of living.

Key Issues

Only 5%

out of 365 million youth
are skilled. While 178 million
have no skills and no jobs.

Skilled Youth
5%
Unskilled and Unemployed
49%

12.8 million

unskilled youth enter the
workforce every year, yet
53% of jobs are lying vacant
as employers are unable to
find people with the right skills.

53%

Alignment with UN SDGs

All our work in the area of education aligns with the following United Nations Sustainable Development Goals:

SDG 4: Quality Education

SDG 8: Decent Work and Economic Growth

SDG 10: Reduced Inequality

SDG 17: Partnerships for the Goals

Our Initiatives

Partners

National Skill Development Corporation

J.P Morgan

Accenture Solutions Private Limited

HCL Foundation

HDFC Bank

Cognizant Foundation

MUFG

Dr. Reddy's Laboratories Ltd.

Give2Asia

GMDC-GVT Ltd.

Andhra Pradesh State Skill Development Corporation

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