Punjab Skills Development Fund (PSDF) is a not-for-profit company set up under the Companies Ordinance 1984 by the Government of the Punjab in collaboration with Department for International Development UK. Established in 2010, it is a training fund set up with the objective of financing individuals from all Districts of Punjab by stimulating a market for training services.
PSDF aims to provide quality skills and vocational training opportunities to the poor and vulnerable populations of all the 36 districts of Punjab in order to improve livelihood prospects for them.
PSDF initiated its operations for the residents of four districts of southern Punjab i.e Bahawalpur, Bahawalnagar, Muzaffargarh and Lodhran. In 2016, PSDF’s geographical coverage expanded to all the districts of Punjab: Attock, Bahawalnagar, Bahawalpur, Bhakkar, Chakwal, Chiniot, Dera Ghazi Khan, Faisalabad, Gujranwala, Gujrat, Hafizabad, Jhang, Jhelum, Kasur, Khanewal, Khushab, Lahore, Layyah, Lodhran, Mandi Bahauddin, Mianwali, Multan, Muzaffargarh, Narowal, Nankana Sahib, Okara, Pakpattan, Rahim Yar Khan, Rajanpur, Rawalpindi, Sahiwal, Sargodha, Sheikhupura, Sialkot, Toba Tek Singh and Vehari. In these 36 districts, PSDF is pursuing its skills promotion efforts to achieve inclusive growth by focusing on employment intensive productive sectors.
The Fund is providing resources to help private sector enterprises and partnerships develop and offer high quality vocational training courses. Through its multiple interventions, PSDF is also focusing on establishing a training market which responds to the training needs of individuals and various industrial sectors. Our funding and monitoring structures ensure responsiveness and quality of trainings from the private, public and not-for-profit training providers. It is important, however, to realize that PSDF is a funding body and not a planning or implementing agency. It aims to encourage efficient use of existing capital investments and assets to promote skills development through partnerships and innovative delivery methods.