Press Esc to close
Sunday 26 April 2015
News updated at 4:54 PM IST
Weather
Max: 33.4°C
Min : 21.6°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
Sadhus standing on the debris of a temple that collapsed following a tremor in Ayodhya...

Sadhus standing on the debris of a temple that collapsed following a tremor in Ayodhya...

School children come out of their class rooms folliowing s tremor in Lucknow...

School children come out of their class rooms folliowing s tremor in Lucknow...

The debris of a collapsed building after a powerful earthquake in Kathmandu...

The debris of a collapsed building after a powerful earthquake in Kathmandu...

A damaged road after a powerful earthquake in Kathmandu...

A damaged road after a powerful earthquake in Kathmandu...

Indian security personnel stands near a collapsed house after an earthquake...

Indian security personnel stands near a collapsed house after an earthquake...

A damaged road after a powerful earthquake in Kathmandu...

A damaged road after a powerful earthquake in Kathmandu...

A car stands under the weight of an electric pole after it collapsed following an earthquake...

A car stands under the weight of an electric pole after it collapsed following an earthquake...

Earthquake at Durbar Square in Kathmandu..

Earthquake at Durbar Square in Kathmandu..

Rescuers clear the debris at Durbar Sqaure after an earthquake in Kathmandu...

Rescuers clear the debris at Durbar Sqaure after an earthquake in Kathmandu...

People stand around damage caused by an earthquake at Durbar Square in Kathmandu...

People stand around damage caused by an earthquake at Durbar Square in Kathmandu...

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