Press Esc to close
Thursday 05 May 2016
News updated at 9:36 PM IST
Weather
Max: 35.6°C
Min : 25.5°C
In Bengaluru
Sunny day

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
Women voters wait in a queue to cast their votes at a polling station during the final phase of...

Women voters wait in a queue to cast their votes at a polling station during the final phase of...

Royal Challengers Bangalore players Chris Gayle, Travis Head and Stuart Binny are seen with a fan...

Royal Challengers Bangalore players Chris Gayle, Travis Head and Stuart Binny are seen with a fan...

Boys jump into a step well, built inside the shrine of Sufi Saint Nizamuddin Auliya, to cool off...

Boys jump into a step well, built inside the shrine of Sufi Saint Nizamuddin Auliya, to cool off...

A woman collects drinking water after climbing down a dried up well at Bhakrecha Pada in Thane...

A woman collects drinking water after climbing down a dried up well at Bhakrecha Pada in Thane...

A man offers water to a Peacock at a Zoo in Surat on Thursday...

A man offers water to a Peacock at a Zoo in Surat on Thursday...

Parineeti Chopra and Kunal Kapoor during a promotional event in New Delhi on Thursday...

Parineeti Chopra and Kunal Kapoor during a promotional event in New Delhi on Thursday...

Russian Air Force Su-25 jets fly over Moscow's Kremlin during a general rehearsal for the Victory...

Russian Air Force Su-25 jets fly over Moscow's Kremlin during a general rehearsal for the Victory...

Kashmiri Muslim women react upon seeing a relic believed to be hair from the beard of Prophet...

Kashmiri Muslim women react upon seeing a relic believed to be hair from the beard of Prophet...

Holocaust survivor Robert Tomashof and his daughter Rutti Tomashof light a torch during the...

Holocaust survivor Robert Tomashof and his daughter Rutti Tomashof light a torch during the...

A man prepares food inside a community kitchen at a Hindu temple on the banks of the river Ganga...

A man prepares food inside a community kitchen at a Hindu temple on the banks of the river Ganga...