Press Esc to close
Friday 01 August 2014
News updated at 5:20 PM IST
Weather
Max: 28.4°C
Min : 20.2°C
In Bangalore
Cloudy sky

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
Ashish Kumar of India performs during the men's individual floor exercise final in the artistic...

Ashish Kumar of India performs during the men's individual floor exercise final in the artistic...

Rebecca Downie of England performs during the women's gymnastics uneven bars apparatus final at...

Rebecca Downie of England performs during the women's gymnastics uneven bars apparatus final at...

A jumper raises sand during the women's long jump final at Hampden Park Stadium during the...

A jumper raises sand during the women's long jump final at Hampden Park Stadium during the...

Roseline Filion of Canada competes in the women's 10m Platform final at the 2014 Commonwealth...

Roseline Filion of Canada competes in the women's 10m Platform final at the 2014 Commonwealth...

Rasheed Dwyer, centre of Jamaica, leads home a Jamaica 1, 2, 3, with Warren Weir, right, who...

Rasheed Dwyer, centre of Jamaica, leads home a Jamaica 1, 2, 3, with Warren Weir, right, who...

England's David Weir wins the men's para-sport 1500m T54 finals in the athletics competition at...

England's David Weir wins the men's para-sport 1500m T54 finals in the athletics competition at...

Botswana's Nijel Amos wins the men's 800m final in the athletics competition at Hampden Park...

Botswana's Nijel Amos wins the men's 800m final in the athletics competition at Hampden Park...

Indian wrestlers (L-R) Pawan Kumar, Sushil Kumar, Geetika and Yogeshwar Dutt medals at the...

Indian wrestlers (L-R) Pawan Kumar, Sushil Kumar, Geetika and Yogeshwar Dutt medals at the...

India's Pawan Kumar celebrates after winning a bronze medal against Pakistan's Muhammad Inam...

India's Pawan Kumar celebrates after winning a bronze medal against Pakistan's Muhammad Inam...

India's Vikas Shive Gowda poses with his gold medal after the medal ceremony of men's discus...

India's Vikas Shive Gowda poses with his gold medal after the medal ceremony of men's discus...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523