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The new government at the center in 2014, recognized skill development as an important aspect of the economy and focused on bridging the skill gap of the nation by formulating standards required for quality employment. A dedicated Ministry of Skill Development and Entrepreneurship was formed to look after various activities of skill development ...
In the budget of fiscal year 2017 - 18 the government of India has decided to set aside ₹ 17,000 crore, the highest ever allocation to this sector, in order to boost the Skill India Mission. At least ten million Indian youth enter the country's workforce each year, but the employment creation in India has not been able to absorb this influx ...
Skill Development Aims at all-round development of adolescent boys and make them self-reliant, gender-sensitive and aware citizens, when they grow up. It covers all adolescent boys (both school going and out of school) in the age-group of 11 to 18 years. [94] Sansad Adarsh Gram Yojana (SAGY, Saanjhi, Member of Parliament Model Village Scheme ...
The Ministry of Skill Development and Entrepreneurship (Hindi: कौशल विकास और उद्यमशीलता मंत्रालय) is a ministry of the Government of India which came into existence on 9 November 2014 [2] and gazetted on 8 December 2014.
The Government of India through Ministry of Skill Development & Entrepreneurship (MSDE) holds 49% of the share capital of NSDC, while the private sector has the balance 51% of the share capital. NSDC aims to promote skill development by catalyzing creation of large, quality and for-profit vocational institutions.
For this qualification plans and quality plans have been developed by various Sector Skill Councils (SSC) created with participation of Industries. National Skill Development Council (NSDC) has been made coordinating and driving agency for the same. [4] The training given to the youth under the Pradhan Mantri Kaushal Vikas Yojana is free. [5]
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After the National Skills Development Policy [9] in 2009, the government created National Skills Coordination Board, [10] the National Skill Development Corporation, and National Skills Qualification Framework. [11] There was a commitment made by the Minister of Finance to inject Rs.1000 crore into the system structure.