Press Esc to close
Friday 24 March 2017
News updated at 9:52 AM IST

Rs.1,000 crore for skill development of youth

New Delhi, Feb 28, 2013 (IANS)
Finance Minister P. Chidambaram Thursday allocated Rs.1,000 crore to develop job-oriented skills among youth.

"Assuming that 10 lakh (one million) youth can be motivated in one year, skill trained youth will give enormous boost in employment and productivity," Chidambaram said while presenting the federal 2013-14 budget to the Lok Sabha, the lower house of parliament.

The finance minister allocated Rs.1,000 crore (Rs.10 billion) for the "ambition", saying that it would be a "trigger for skill development in the country".

The National Skill Development Corporation would be asked to set the curriculum and standards for training in different skills.

Trained youth who pass a test at the end of the training period would be given a monetary reward of Rs.10,000, on an average.

Go to Top

Photo Gallery
Members of Maharashtra Association of Resident Doctors (MARD) show placards during a protest...

Members of Maharashtra Association of Resident Doctors (MARD) show placards during a protest...

Actor-Director Pooja Bhatt with 82-year-old Chandro Tomar popularly known as Revolver Dadi...

Actor-Director Pooja Bhatt with 82-year-old Chandro Tomar popularly known as Revolver Dadi...

A view of the Yadiyuru Lake in Bengaluru...

A view of the Yadiyuru Lake in Bengaluru...

The 485 km long Manali-Leh strategic road being cleared of snow by Border Road Organisation...

The 485 km long Manali-Leh strategic road being cleared of snow by Border Road Organisation...

Girls light candles on a painting dedicated to the victims of the recent London attack...

Girls light candles on a painting dedicated to the victims of the recent London attack...

Renowned sand artist Sudarsan Pattnaik creates a sand sculpture on terrorist attack in London...

Renowned sand artist Sudarsan Pattnaik creates a sand sculpture on terrorist attack in London...

Workers prepare to lift the sunken Sewol ferry, center, in waters off Jindo, South Korea...

Workers prepare to lift the sunken Sewol ferry, center, in waters off Jindo, South Korea...

Farmers from the southern state of Tamil Nadu display skulls, who they claim are the remains...

Farmers from the southern state of Tamil Nadu display skulls, who they claim are the remains...

Artists perform during Annual Mega National Festival 'One India' in Jalandhar...

Artists perform during Annual Mega National Festival 'One India' in Jalandhar...

Fire personnel dousing a major fire that broke out in the shops outside Mahakaleshwar temple...

Fire personnel dousing a major fire that broke out in the shops outside Mahakaleshwar temple...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523