Some good things to be heard for education and skill development sector in India. Excerpts and observations from the Finance Minister‘s speech.
“We have set an ambitious target of skilling 50 million people in the 12th Plan period, including 9 million in 2013-14. We have to pull out all stops to achieve this objective. Funds will be released by the National Rural Livelihood Mission and the National Urban Livelihood Mission to be spent on skill development activities,”
1000 crore for youth skill development, to increase employability.
“A large number of youth must be motivated to voluntarily join skill development programmes. I propose to ask the National Skill Development Corporation to set the curriculum and standards for training in different skills. Any institution or body may offer training courses. At the end of the training, the candidate will be required to take a test conducted by authorised certification bodies. Upon passing the test, the candidate will be given a certificate as well as a monetary reward of an average of Rs 10,000 per candidate. Skill-trained youth will give an enormous boost to employability and productivity,”
“On the assumption that 10,00,000 youth can be motivated, I propose to set apart Rs 1,000 crore for this ambitious scheme. I hope that this will be the trigger to extend skill development to all the youth of the country,”
Other positive vibes
Nirbhaya bank, exclusive for women.
NSDC announced that it is conducting a six month training capsule for educated youth. Learners will be coached in basic computing skills and an aptitude required for lower clerical skills in a bank.
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