Ahmedabad, 15 July 2025: On the occasion of World Youth Skills Day, HDFC Bank today highlighted a significant milestone, of having skilled over 7.2 lakh youth across India since the inception of the Bank’s CSR programme, Parivartan. The Bank currently has over 70 active projects in the area of Skill Development across different states, covering multiple sectors including IT/ITeS, retail, healthcare, manufacturing and agriculture.
Skill Development and Livelihood Enhancement is a key focus area of the
Bank’s Parivartan programme, its umbrella brand for all CSR initiatives. Its initiatives focus
on two key areas:
a) skill development for employment generation and,
b) livelihood enhancement with an emphasis on entrepreneurship,
particularly in rural communities.
The employment-generation
programmes offer National Skills Qualification Framework (NSQF)-aligned
certificate courses lasting three to six months, covering sectors such as
Finance and Business Services, Retail and Sales, Hospitality and Tourism,
Healthcare, IT and IT Enabled Services, Construction and Manufacturing, Beauty
and Wellness, Apparel and Textiles, and Education and Training. These
programmes have achieved placement rates ranging from 60 to 70 per cent.
A recent addition
to the Bank’s skilling centres is the Parivartan Skills Academy in Jaipur,
which provides locally relevant training pathways leading to sustainable
employment and entrepreneurship. This academy is part of a wider network across
India, through which HDFC Bank aims to skill a total of 2 lakh youth in the
coming years.
Concurrently, over
six lakh individuals, including farmers, self-help groups, and community-based enterprises
have benefited through Parivartan’s livelihood enhancement and entrepreneurship
initiatives that foster sustainable economic participation. The skills
developed through these initiatives include goat-rearing, bee-keeping, handloom
weaving, mushroom cultivation, vermi-composting and organic farming.
HDFC Bank
Parivartan’s skilling initiatives span across urban and rural areas in several
states, including Andhra Pradesh, Chhattisgarh, Delhi, Goa, Gujarat, Haryana,
Himachal Pradesh, Karnataka, Kerala, Lakshadweep, Maharashtra, Mizoram, Odisha,
Punjab, Rajasthan, Telangana, Uttar Pradesh, Uttarakhand, and West
Bengal.
The Bank’s efforts
in skill development support inclusive growth and economic empowerment for
young people from diverse backgrounds. The Bank’s inclusive approach is
reflected in its training of over 4,300 differently-abled persons.
In addition to
skill training, HDFC Bank Parivartan organises youth entrepreneurship pitch
events to encourage innovation and enterprise among young people.
These efforts align
with the United Nations Sustainable Development Goals, including decent work
and economic growth, quality education, gender equality, and climate action.
World Youth Skills
Day, established by the United Nations General Assembly in 2014, recognises the
importance of equipping young people with skills for employment and
entrepreneurship to advance sustainable development.
