MOU Signed between NAREDCO and Rajasthan Housing Board

• 03 May 2023

Why in News?

• On 2 May 2023, an MoU was signed between the central agency National Real Estate Development Council (NAREDCO) and the Rajasthan Housing Board.

Key Points:

• Under this MoU, both organizations will jointly provide on-site skill training to 20,000 construction workers of the state under the program 'NIPUN' (National Institute for Promotion of Upskilling of Construction Workers) in the next 2 years.
• NAREDCO's Vice President Ashok Patni said that the Council has appointed Rajasthan Housing Board as the nodal agency for this training. With the cooperation of the Board, in the first phase, training will be imparted to thousands of workers involved in more than 150 ongoing projects across the state under the Board. After this, other institutions of the state will be connected.
• After training, construction workers will also be given free accident insurance of Rs 2 lakh for 3 years.
• After this MoU, the Housing Board will become the first organization in the country to train construction workers of government, non-government, daily wage workers, and builders in a professional manner with the help of NAREDCO. This training will be given on-site during the ongoing work, due to which the construction work will not be interrupted.
• At the end of the training, the workers will also be given a certificate and an incentive amount of Rs 500 by NAREDCO. There will be no financial burden on the board in this. The biggest highlight of this training is that after taking the training, the labourers will be able to move from unskilled to skilled, due to which their honorarium will also increase.
• Benefits of training to workers-
  • The successful candidates in the training will be given certificates by the government.
  • There will be an increase in the self-esteem of the construction workers after the training.
  • Remuneration received from unskilled to the skilled category will also increase.
  • Certificates received after training will give priority to other work as well.
  • At the end of the training, the workers will also be given a certificate and an incentive amount of Rs 500 by NAREDCO.
  • The construction workers taking the training will also benefit from the free accident insurance scheme.
  • Along with learning new skills, trained workers will also get information about new tools and techniques.
  • Knowledge of personal safety will reduce accidents during construction work.