The National Skill Development Corporation facilitates the development of vocational skills. NSDC was set up by Ministry of Finance in 2008 . As a part of Ministry of Skill Development & Entrepreneurship (MSDE) , NSDC aims to promote skill development. NSDC is headquartered in New Delhi and fosters the skills development ecosystem.
NSDC was set up as part of a national skill development mission to fulfil the growing need in India for skilled manpower across sectors and narrow the existing gap between the demand and supply of skills. "There is a compelling need to launch a world-class skill development programme in a mission mode that will address the challenge of imparting the skills required by a growing economy. Both the structure and the leadership of the mission must be such that the programme can be scaled up quickly to cover the whole country."