Established in 2014, Life Sciences Sector Skill Development Council (LSSSDC) is a Non-Statutory Skill Certification Body authorized by Ministry of Skill Development and Entrepreneurship, Govt. of India.
LSSSDC is a not for profit organisation, registered under the Societies Act, 1860. As a National level organization, in partnership with various stakeholders groups, it will serve to address the skill shortfalls in the Life Sciences Sector in India. it's aim, over a 10 year period, will be to map all job roles in the Sector (estimated 100), enlist Training Organisations, train the Trainers and certify approx. 2.1 mn skilled workers in this Sector.
LSSSDC, has Mr. Satish Reddy, Chairman of Dr. Reddy Lab, as it's Chairman. At the helm is a Governing Body with representation from various Stakeholder groups, including industry (through major Associations such as IPA (Alliance), BDMA, IDMA, CIPI, ABLE, ACRO, OPPI, IRA (Association), FOPF Government, (through Pharmexcil) and Ministry of Health and Family Welfare MOHFW and Academia (NIPER & PCI). Day to day operations are managed by the CEO, Mr. Ranjit Madan (a professional, with 30 years corporate sector experience) and his team. Funding for first few years had been through a combination of grant from Government of India through NSDC and contributions from Industry, via it's Associations. Thereafter, Council was expected to become self- sustained, through revenue flows from fees for TTT, accreditation, certification; and membership. As expected council is on the way to become self sustained.
LSSSDC is a Demand led, Comprehensive (taking account of needs of Stakeholders), emphasising Standards and Quality, Sustainable and Scalable model. It is committed to provide industry with a sustained stream of skilled individuals across functional areas and levels, thereby vastly reducing costs associated with re-skilling, attrition and low productivity. In the process it also hopes to help address issue of fake certificates and degrees - an area of major concern to the Life Sciences industry. Alongside, it will provide meaningful livelihood opportunities in the Life Sciences sector to a multitude of job seekers.