National Skill Development Corporation (NSDC) has been mandated to set up Sector Skills Councils for the express purpose of sector-specific competencies/skills, developing National Occupation Standards (NOS’s) and Qualification Packs (QP’s), quality assurance through accreditation of skills acquired by trainees, curriculum development for the skills training, qualification framework and setting of standards and benchmarks, helping in recruitment and placement of trained and skilled workforce, as well as developing a robust LMIS.
The Indian Life Sciences Sector (comprising Pharmaceuticals, Bio Technology and Clinical) has been growing at a CAGR of 17%. In the process it has been facing a shortage of skilled work force across functions and levels. With this background, CII, in co-operation with NSDC, decided to set up a Sector Skill Council for Life Sciences namely, the Life Sciences Sector Skill Development Council (LSSSDC).
LSSSDC is a not for profit organisation, registered under the Societies Act, 1860. As a National level organization, in partnership with various stakeholders groups, it will serve to address the skill shortfalls in the Life Sciences Sector in India. It’s aim, over a 10 year period, will be to map all job roles in the Sector (estimated 100), enlist 339 Training Organisations, train over 39,000 Trainers and certify approx. 3.4 mn skilled workers in this Sector.
LSSSDC, has Mr. Satish Reddy, Chairman of Dr. Reddy’s Lab, as it’s Chairman. At the helm is a Governing Body with representation from various Stakeholder groups, including industry (through major Associations such as IPA, BDMA, IDMA, CIPI, ABLE and ACRO), Government, (through Pharmexcil) and Academia (NIPER & DIPSAR). Day to day operations are managed by the CEO, Mr. Ranjit Madan (a professional, with 30 years corporate sector experience) and his team.
Funding for first few years will be through a combination of grant through NSDC and contributions from Industry, via it’s Associations. Thereafter, Council is expected to become self- sustained, through revenue flows from fees for training, accreditation, certification; and membership.
LSSSDC will be Demand led, Comprehensive (taking account of needs of Stakeholders), emphasising Standards and Quality, with a Sustainable and Scalable model. It will provide industry with a sustained stream of skilled individuals across functional areas and levels, thereby vastly reducing costs associated with re-skilling, attrition and low productivity. In the process it also hopes to help address issue of fake certificates and degrees—an area of major concern to the Life Sciences industry. Alongside, it will provide meaningful livelihood opportunities in the Life Sciences sector to a multitude of job seekers.
| Nature of the Company
Service |
| Ownership Type
|
| Year of Establishment
|
| Additional info
|
| GST Number
|
| Other Branches info
|
| Main Markets
|
| Certificates
|
| View Certificate
No link Avilable |
| Our services
|
5
4
3
2
1
| Information Not Updated! |
|---|
