S Ramadorai steps down as chairman of NSDA, NSDC

Ramadorai was appointed chairman of the skill development agencies in May 2013 with Cabinet rank.

By: ENS Economic Bureau | New Delhi | Published: November 2, 2016 1:01 am

Former Tata Consultancy Services (TCS) chief S Ramadorai has resigned as chairman of the government’s skill development agencies, National Skill Development Agency (NSDA) and National Skill Development Corporation (NSDC), sparking speculation that he might be headed back to Tata group.

Ramadorai tendered his resignation on September 28 and it was accepted on October 1, a senior government official said.

Watch what else is making news:

“He has resigned on health grounds. The matter is now more than a month old. The resignation was submitted on September 28 and accepted on October 1,” the official said.

Rohit Nandan, vice-chairman of the Governing Body and Secretary, Ministry of Skill Development and Entrepreneurship, has been appointed interim head of the National Skill Development Agency till a full-time chairman is appointed. The NSDC Board is likely to meet Wednesday to discuss the future roadmap, after Ramadorai’s resignation.

Ramadorai was appointed chairman of the skill development agencies in May 2013 with Cabinet rank. He is presently also the chairman of Tata Institute of Social Sciences and AirAsia India.

His resignation has triggered speculation that he might be headed back to the Tata Group where a search committee is looking for a full-time chairman after the board of Tata Sons ousted Cyrus Mistry as chairman last month.

Last year, NSDC’s then managing director and CEO Dilip Chenoy and its COO Atul Bhatnagar, who were appointees of the previous UPA government, had also resigned.

Minister for Skill Development and Entrepreneurship Rajiv Pratap Rudy had expressed displeasure at the way NSDC was run in the past and its failure to meet the industry’s needs for trained manpower.

NSDC was formed in 2008, with the approval of the Union Cabinet as a not for profit public company with a capital base of Rs 10 crore to synchronise private sector initiative in skills development, create training capacity in the country, fund scalability and sustainability of private enterprise, create a market ecosystem for skill development. NSDA is an autonomous body under the skill development ministry, which coordinates and harmonizes the skill development efforts of the government and the private sector to achieve the skilling targets.

For all the latest Business News, download Indian Express App