On May 31, iMOVE and the Indian National Skills Development Corporation (NSDC) have signed a Memorandum of Engagement (MoE) to enhance further cooperation of German and Indian training providers, companies and institutions in the field of vocational education and training. This agreement supports the efforts of the Indian Government and private sector to strengthen industry’s role in the vocational training system. This is an important step towards practice-orientation and providing trainees with sound employable skills.
Many students consider their studies as being too abstract. Therefore, they more and more choose a dual study course which combines vocational training with a university career. Another advantage: they get money on top of it.
To address the problem of the lack of skilled workers, the Chamber of Industry and Commerce of Schwerin awarded the prize "Top training company 2010" to companies in Mecklenburg for the first time.
In the district of the Chamber of Industry and Commerce (IHK) of Magdeburg, 40 young vocational training graduates from the commerce, service or industry sector, were accepted for "scholarships for vocational education".
According to the Minister of Labour, Integration and Social Affairs of North Rhine-Westphalia, "vocational and academic education are of equal value, this must become much clearer with regard to degrees."
Approximately 150,000 young people start their careers without any kind of training qualification every year. If Germany succeeded in halving this number, approximately 1.5 billion euros could be saved per age cohort regarding follow-up costs.
