National Real Estate Development Council’s MoU with paints and coatings skill council

New Delhi, April 9, 2022– National Real Estate Development Council (NAREDCO) has signed a Memorandum of Understanding (MoU) with Paints and Coatings Skill Council (PCSC) for the growth and development of skilled paints’ workers along with research and advocacy in the paints and coatings sector.

The MoU aims to promote and propagate certification of large untapped unskilled workforce working primarily in the paints and coatings sector, an integral part of the Real Estate and Construction sector. NAREDCO has identified the need of significant initiatives which sets up a platform for the workforce to get officially recognized and certified as per the National Skill Qualification Framework (NSQF) aligned job roles and occupations recognized by PCSC.

Rajan N Bandelkar, President, NAREDCO stated that “The foremost objective of this MoU is to incentivize the industry players and mandate the certification of their uncertified workforce across their different areas of suitable operations. Both the organizations will be in mutual co-operation on setting the skilling targets and promoting the underlying technical knowledge related to the sector. This collaboration will be beneficial for both the parties and also the paints skill ecosystem.”

NAREDCO, in response to the PCSC’s contribution to skill development will also promote the organization’s initiatives in conclaves and summits organized by NAREDCO. In the process, it will also extend all possible support to PCSC in relation to real-estate and the paints sector.

Jagdish Acharya, CEO, PCSC endorsed the views of the President, NAREDCO and said, “Our association will lead to improvement in skill development and making jobs aspirational. Better workmanship and productivity will lead to better compensations. We will need to make Skill recognition all pervasive and only then they will be valued”. Both the organizations committed themselves to propagate & promote sustainable and green initiatives and finding solutions which would align with imperatives of the Environment, Energy conservation and Economic considerations. The two see advocacy as a critical need and advancement of best practices as a key objective.

PCSC will also propose to make NAREDCO a governing council member so that the initiatives are promoted successfully and will also recognize NAREDCO as a leading industry association striving for the skill development of paints’ workers.