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DevelopingsustainableLivelihoodsIn India, there is an urgent need to bridge the gap between demand andsupply of skilled labour considering the growing employment opportunitiesemerging with high growth in the economy. In the next decade, economicgrowth is likely to create over 500 million jobs, 75% of which will be skillbased.As of today, 70% of the people entering the job market every yearare unskilled and need to be aided through appropriate skill development.Rural Self Employment Training Institute (RSETI), Udaipur and Jodhpurwere established on March 5, 2006 and March 10, 2007 respectivelyunder the directive of MoRD as part of eBOR (Erstwhile Bank ofRajasthan). Both the RSETIs were taken over by ICICI Bank in the year2011. ICICI Foundation manages these RSETIs on behalf of ICICI Bank.Both the RSETIs adhere to the guidelines issued by National Instituteof Rural Development (NIRD) by conducting trainings for rural andmarginalised youth. They offer intensive short-term residential and onlocationtraining programmes in various trades.O u r a p p r o a c h12345Identify local opportunitiesfor employmentCreate curriculumand content for skilldevelopment for theselocally identified vocationsIdentity and train mastertrainers for the vocationaltraining coursesMobilise local community,especially underprivilegedand marginalised youth,to participate in thevocational training coursesAdapt teachingmethods to the needsand capability of theparticipantsOver 3,200 rural youthhave been trained acrossall courses at ICICIFoundation’s RSETIsICICI Foundation has identified local opportunities foremployment and has designed relevant vocational trainingcourses to map this demand. The Foundation has also createdawareness of the two RSETIs within the local communitiesand provided linkages with local employers.In this sphere as well, ICICI Foundation works in partnershipwith government bodies that sponsor skills training. Suchgovernment bodies include Zilla Parishads, Rajasthan Missionon Skills & Livelihoods (RMOL), National Bank for Agricultureand Rural Development (NABARD), etc.RSETIs in Udaipur and JodhpurFor the past year our RSETIs in Udaipur and Jodhpur havetrained rural youth between the ages of 18-35 in a varietyof relevant vocations. The RSETIs run both residential andon-location training courses in order to have a larger impact onthe community. On-location training courses enable local youthto receive vocational training without having to commute longdistances or sacrifice on their current sources of income.The vocational training courses currently being taughtinclude mobile repairing, electrician (house wiring), masonrytraining, leather goods manufacturing, dairy management,vermin composting, food preservation (papad & badi making),tailoring, beauty parlour training, hand embroidery and bagmaking amongst others.In Jodhpur, the Government of Rajasthan has recently givenICICI 3,703 sq meters of land in Rajiv Gandhi Nagar Yojana tobuild a permanent ICICI - RSETI campus.67Integrate FinancialLiteracy module in thecourses to enable theyouth to manage theirfinancial resourceseffectivelyFacilitate job placementsthrough local business/industry linkages.50 artisans were trained by KONBAC, Sindhudurg underthe Bamboo Product Enterprise at Jhadol, Rajasthan26 27