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SAGE Foundation receives Rs 76 lakh grant from JP Morgan; to train 200 fresh graduates in banking jobs

The Shahani Group will adopt innovative teaching methods to provide BFSI-specific training to these underprivileged youth.

, ET Bureau|
Apr 01, 2019, 01.25 PM IST
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Lack of skills to secure a good job is a big challenge given that there is often a disconnect between educational achievements and practical requirements.
Shahani Academic & Global Empowerment Foundation (SAGE), a non-profit trust focused on skills training, has received a Rs 76 lakh grant from J.P. Morgan to help train 200 economically disadvantaged graduates in banking jobs.

The Shahani Group will adopt innovative teaching methods to provide BFSI-specific training to these underprivileged youth. The group is also preparing to update the curriculum and train teachers to meet the changing industry standards and ensure students are work-ready.

Lack of skills to secure a good job is a big challenge given that there is often a disconnect between educational achievements and practical requirements. It is, thus, important to bridge the gap between employee skills and employer needs.

“Earning this grant from J.P. Morgan has truly uplifted our resolve to ensure a change in the education sector. We will utilize the fund to help students reach their full potential and find jobs in the banking sector,” said Akhil Shahani, managing director, Thadomal Shahani Group in a statement.

“Businesses across the board are facing challenges in finding and employing skilled talent. Through this programme, we aim to give students an opportunity to acquire the right training for the right skills that are needed to build careers,” said Maneesha Chadha, Head of CSR for India, J.P. Morgan.
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SAGE Foundation receives Rs 76 lakh grant from JP Morgan; to train 200 fresh graduates in banking jobs

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