Ola signs MoU with Maharashtra to provide 10,000 jobs for the youth in the state

Ola Maharashtra MoU

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Ola has announced today, June 28 about its partnership with the government of Indian state Maharashtra that also includes SDED, the Skill Development, and Entrepreneurship Department.

The signed MoU targets creating 10,000 jobs to the youth of the state and will further focus on entrepreneurial opportunities. Ola is going to work with the wide network of industrial training institutes of the State Government for this, which additionally involves vocational training institutes and affiliated private vocational training providers and NGOs.

In line with the Hon’ble Prime Minister’s vision, Government of Maharashtra also has prioritized the Skill Development mission and set a vision of equipping 45 million Indians with employable skills by the year 2022. Our Partnership with companies such as Ola, that has added a new dimension to transportation in India, is in keeping with this vision. This project will mobilize candidates from various sections of the society and has the potential to significantly improve livelihoods and contribute to the economic growth of the people of our country. – Aseem Gupta, IAS Principal Secretary, Skill Development and Entrepreneurship Development, GoM

The agreement was signed by Sandeep Divakaran (CFO of Ola Fleet Technologies) in presence of State CM Devendra Fadnavis, other Ministry members, and many eminent dignitaries. It also endorses Indian PM Narendra Modi’s Skill India Initiative.

Under the deal, Ola will be providing training to 10,000 driver partners over the next 2 years. The Skill Development Department will help the ride-sharing company in providing required utilities and technology framework to solidify an advanced arrangement of employment for the young guns of the state.

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This initiative is to build the stage for people to be encouraged and empowered in the space of entrepreneurship. On top of the training, Ola will as well bring “digital and financial inclusion” and other benefits like insurance for existing driver-partners.

The growth in the country’s mobility sector has opened up ample opportunities and as country’s leading mobility player, we are proud to be the enabler in providing this platform to the aspiring entrepreneurs. Government’s focus on economic development and employment generation will add impetus to its efforts in creating an enabling environment for the unemployed. – Sandeep Divakaran said

The ride-hailing company has already rolled out a few programs that aim to promote entrepreneurial growth across India. It is in concert with NSDC (National Skill Development Corporation) and RISE India for training 50 lakh drivers within 2020.

As part of the MoU, Ola has invested Rs. 100 crore towards the entire initiative. The company with RISE India will arrange for 500 driver training centers in the country.

Source: Ola

Ola signs MoU with Maharashtra to provide 10,000 jobs for the youth in the state