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Govt unveils Rs 1500 cr scheme for skilling youth
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SME Times News Bureau | 21 Mar, 2015
The cabinet on Friday approved an outlay of Rs.1,500 crore for the 'Pradhan Mantri Kaushal Vikas Yojana' (PMKVY).
The
union cabinet meet which was chaired by the Prime Minister Narendra
Modi gave the approval for the Rs.1,500 crore outlay for PMKVY in a
meeting held in New Delhi.
According to the union cabinet, PMKVY will be
the flagship scheme for skill training of youth to be implemented by the
new ministry of skill development and entrepreneurship through the
national skill development corporation (NSDC).
"The scheme will
cover 24 lakh persons. Skill training would be done based on the
national skill qualification framework (NSQF) and industry led
standards,"the union cabinet said in a statement.
The statement
elaborated that under the scheme, a monetary reward will be given to
trainees on assessment and certification by third party assessment
bodies. The average monetary reward would be around Rs.8,000 per
trainee.
"Out of the total outlay of Rs.1,120 crore to be spent
on skill training of 14 lakh youth, special emphasis has been given to
recognition of prior learning for which an amount of Rs.220 crore has
been provided," the statement said.
The statement pointed-out
that focus would be laid on awareness building and mobilisation efforts
for which Rs.67 crore has been provided.
Under the scheme,
mobilisation would be done through skill melas organized at the local
level with participation of the state governments, municipal bodies,
pachayati Raj institutions and community based organisations.
The
focus under the scheme would also be on the mentorship support and
placement facilitation for which an outlay of another Rs.67 crore has
been provided. An allocation of Rs.150 crores has been made for training
of youth from the north-east region.
The statement said that
the skill training would would be done on the basis of demand assessed
on the basis of recent skill gap studies conducted by the NSDC for the
period 2013-17.
"For assessment of demand of central ministries,
departments, state governments, industry and business would be
consulted. A demand aggregator platform would be launched for the
purpose very soon," the statement said.
The statement added that
the target for skilling would be aligned to demand from other flagship
programmes launched in recent times such as 'Make in India', 'Digital
India', 'National Solar Mission' and 'Swachh Bharat Abhiyan'.
The
scheme would be implemented through NSDC training partners. Currently,
NSDC has 187 training partners that have over 2,300 centres.
"In
addition, central, state government affiliated training providers would
also be used for training under the scheme," the statement added.
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