Snapshot
Virs Educational and Training Foundation (VETF)
SECTOR: Livelihood
SUB SECTOR: Vocational Training
% Spent on beneficiaries
91%
Financial Score:
Age: 16 Years
Tax Benefit: 50%
Foreign donations: X
Location(s): Work in progress.
Issues Addressed:
Work in progress.
Supported by:
Work in progress.
Key Trustees:
Mr. Ashok Kumar Vir, Managing Trustee
Ms. Sudha Vir, Trustee
Mr. Gautam Vir, Trustee
Ms. Madhavi Vir, Trustee
Ms. Aarti Vir, Trustee
Sector Comparison:
Beneficiary Spend:
Average: 81.3% Highest: 99.3% Lowest: 9.5%
Income:
Average: Rs2 cr Highest: Rs39 cr Lowest: Rs1 lac
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VIRS Educational and Training Foundation (VETF) was founded in 2001 in Hyderabad. VETF imparts practical training to the youth to enable them to build careers as Machinists, Tool Makers, CNC operators, Designers & Production Supervisors. The training is based on 'Swiss' / 'German' training modules Hyderabad.

The organisation’s vision is to impart technical training to facilitate holistic development of youth. VETF offers standard courses (1 Year at campus + 2 yrs apprenticeship at industries) and short term courses (3-6 months) in Plumbing, Carpentry, Welding, and Electrical & Processing Plastics.

Eligibility for the standard courses is 10th class pass certificate and for short term courses the applicants should have completed education up to 7th standard.

In addition to technical training, the curriculum includes:

(i) English classes so that trainees can communicate, understand and read training material

(ii) Extracurricular activities like cooking, yoga and sports

(iii) A protocol on 'cleanliness' of 'work places' & 'hostel'

VETF trainees are most suited to roles in machine shops for auto parts, machine tools, general engineering, process industries or maintenance.

The organisation plans to replicate its model through franchise training centres.

Income
Rs
94 lac
Expense
Rs
45 lac
Source : Audit Report 2015


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