The NSDC has allocated a Rs 14 crore loan to the organisation for setting up driver training institutes.
"Sixty one locations have been identified of which 28 will be selected for setting up of these centres. The locations are across National Capital Region, Uttar Pradesh, Rajasthan, Maharashtra, Karnataka, Andhra Pradesh, Tamil Nadu, Kerala, Madhya Pradesh, Odisha, Jharkhand and Bihar.
"These training will be done in light motor vehicles, heavy motor vehicles and heavy earth moving equipment like backhoe loaders, cranes and mixtures which are often used in infrastructure development," said the release.
"Our partnership with NSDC will take our journey forward to a next level, where we will multiply the existing number of skill centres, and contribute to the Skill India Mission," said Rise India CEO Ajay Chhangani.
Besides the NSDC loan, the organisation, through its own equity funding will contribute an additional Rs 4 crore to make it total outlay of Rs 18 crore, which will be invested in capacity creation over the next 18 months.
So far, the Rise India has accomplished skill training of nearly 1 lakh candidates across India, with a presence in over 10 states, 85 Skill development Centres and smart classes in over 100 school campuses. Rise India has also established the largest only women residential training centre at Jaipur, with a capacity of 400 students.
