National Skill Development Corporation (NSDC) on February 24 joined hands with SahiPay to promote nano-entrepreneurship amongst youth in the financial services sector.

The partnership aims to facilitate the skilling of youth in digital financial services and provide them with an opportunity to explore self-employment for sustainable livelihood.

Candidates will be provided access to free digital skilling on the ‘Online Entrepreneurship Program’ through NSDC’s eSkill India portal, co-curated by experts from the field of financial inclusion and skilling from both organizations.

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eSkill India’s knowledge partnership with MBS’ SahiPay platform will facilitate the digital skilling of youth towards financial inclusion and help create a holistic ecosystem for the promotion of self-employment and nano –entrepreneurship in the financial services sector.

The partnership aims to combine NSDC’s digital skilling expertise, robust training infrastructure and wide network with SahiPay’s industry insights to design and conduct targeted skill development programs for youth to boost their employability and productivity.

The e-course would enable the candidates to gain knowledge in the field of digital financial services, impart skills towards self-employment and provide the opportunity to be a part of SahiPay.

NSDC and SahiPay will also organize various digital and on-ground initiatives to create wider awareness amongst youth across the country about digital financial literacy and highlight the several prospects of self-employment that the sector offers.

SahiPay is an Android-based integrated platform developed by Manipal Business Solutions (MBS) to promote digital enablement and financial inclusion in the country.

Commenting on the partnership, Vandana Bhatnagar, NSDC, said, “Indian digital payments industry has been experiencing accelerated growth and is estimated to grow multi-fold in the next five years."

"We aim to leverage the emerging opportunities in the sector by imparting the youth with requisite knowledge and training in digital financial literacy and encourage them to embrace nano-entrepreneurship for sustained growth in future," she added.