The Education Department, Government of Meghalaya, had signed a Memorandum of Understanding (MOU) with the National Stock Exchange India Limited (NSE) on 28th November 2024, in a significant move to empower the yo uth of Meghalaya. The signing of MOU was done in the presence of Hon’ble Chief Minister of Meghalaya, Hon’ble Education Minister of Meghalaya, Chief Secretary to the Government of Meghalaya, Commissioner & Secretary to the Government of Meghalaya, Education
Department and Secretary to the Government of Meghalaya, Education Department.
This collaboration aims to provide a platform for skill development in the Banking, Financial Services, and Insurance (BFSI) sector. The programme focuses on facilitating investor awareness and offering training to increase awareness of the securities market. The objective is to enhance the competence of students, beneficiaries, and practitioners across the state.
As part of this initiative, the National Stock Exchange will conduct a Student Skilling Programme in different educational institutions across Meghalaya. The first phase of this initiative commenced with the Faculty Development Programme (FDP) for Student Skilling in the Banking, Financial Services, and Insurance (BFSI) sector organised by the Directorate of Higher & Technical Education, State Higher Education Council and the National Stock Exchange from 20th to 23rd January 2025. The programme aims to equip faculty members of higher education institutions in the state with the necessary knowledge and tools to impart skills to students in the BFSI domain.
The inaugural session of the Faculty Development Programme was held on 20th January 2025 at Shillong College, Shillong. Shri A. Ch. Marak, IAS, Secretary to the Government of Meghalaya, Education Department, graced the occasion as the Chief Guest. He appealed to the faculty participants of different Colleges to be attentive, interact and deliberate with the resource person Shri Biswanath Chakraborty, SEBI Smart Trainer, Kolkata. Smt H.D. B.Sangma, MCS, Director of Higher & Technical Education in her opening remarks said that the program aims to provide a platform for the youth to enhance their skillset and in turn enable them to obtain opportunities for the purposes of employability in the BFSI sector.
The collaboration between the Government of Meghalaya and NSE is expected to enhance the employability of students and foster greater understanding and participation in the financial markets, thereby contributing to the overall socio-economic development of the state.