Govt to set up 1,500 multi-skill training institutes

The government, with an allocation of Rs 1,700 crore, will set up 1,500 multi-skill training institutes across the country. 

Finance Minister Arun Jaitley said that it is the endeavour of the government to bring entrepreneurship to the doorstep of youth through Pradhan Mantri Kaushal Vikas Yojana (PMKVY).

The finance minister said that Skill India Mission seeks to capitalise our demographic advantage.

“Since its launch, the National Skill Development Mission has created an elaborate skilling eco-system and imparted training to 76 lakh youth, we have decided to set-up a National Board for Skill Development Certification in partnership with the industry and academia. We propose to further scale-up Pradhan Mantri Kaushal Vikas Yojana to skill one crore youth over the next three years,”  the minister said.

Study onlineJaitley also said that entrepreneurship, education and training will be provided in 2,200 colleges, 300 schools, 500 government ITIs and 50 vocational training centres through massive open online courses, adding that aspiring entrepreneurs, particularly those from remote parts of the country, will be connected to mentors and credit markets.

The budget also proposes to inter-link state employment exchanges with the national career service platform.

“A National Career Service was launched in July, 2015. Already 35 million jobs seekers have registered on this platform. In the new Budget, the government proposes to make 100 Model Career Centres operational by the end of 2016-17,” the finance minister said.