- NCVET will regulate functioning of entities engaged in vocational education and training, both long-term and short-term.
- It will also establish minimum standards for functioning of such entities.
- It will be headed by Chairperson and will have Executive and Non-Executive Members.
- It will follow best practices of regulatory processes and ensure that it performs its functions professionally and as per applicable laws.
- It will utilize existing infrastructure and resources of NCVT and NSDA.
- Primary functions of NCVET
- Recognize and regulate awarding bodies, assessment bodies and skill related information providers.
- Approve qualifications developed by awarding bodies and Sector Skill Councils (SSCs).
- Indirectly regulate vocational training institutes through awarding bodies and assessment agencies.
- Conduct Research and disseminate information.
- Redress Grievances.
- Benefits
- The establishment of NCVET by merging NCVT and NSDA will lead to improvement in quality and market relevance of skill development programs.
- It will also improve credibility of vocational education and training by encouraging greater private investment and employer participation in the skills space.
- It will help achieve twin objectives of enhancing aspirational value of vocational education and increasing skilled manpower furthering Government’s agenda of making India skill capital of the world.
- It is also expected to facilitate ease of doing business by providing steady supply of skilled workforce to the industry and services
