Chidambaram unveils new scheme to help youth upgrade their skills
Updated: Aug 17, 2013 01:44:47pm
New Delhi, Aug 17 (KNN) Union Finance Minister P Chidambaram yesterday unveiled the first of its kind, Rs 1000 crore National Skill Certification and Monetary Reward Scheme to benefit a million youth in the first year of its implementation.
Launching the scheme here, Chidambaram said that the government was committed to improving the skills of the youth in the country, and would leave no stone unturned in achieving the National Skilling Mission target, according to an official notification.
The scheme also known as STAR (Standard Training Assessment and Reward) would be implemented on pan-India basis by the National Skill Development Corporation (NSDC).
It envisages that a monetary reward that will in essence financially help those who wish to acquire a new skill or upgrade their skills to a higher level. As per the scheme, each tested and certified trainee would get an average of Rs 10,000 to cover training costs.
The Finance Minister stated that during 2004-05 and 2009-10, 20 million jobs were created in the country owing to which employment rate had declined from 8.3 per cent to 6.6 per cent.
With the advancement of technology, youth need to upgrade their skills for better opportunities, he said, assuring that for skill development of youth, money will not be a constraint.
However, he emphasised that assessment and certification should be based on rigorous norms for ensuring true value to it. He urged the youth of the country and all key decision influencers like parents, teachers, mentors and employers to come forward and make best use of the benefits of this scheme.
“The scheme was first proposed by the Finance Minister in the last Union Budget to allocate Rs 1,000 crore for a scheme that will motivate the youth of this country to acquire vocational skills,” said an official notification.
The National Skilling Mission envisages adding 500 million skilled Indians by the year 2022. While 150 million are expected to be contributed by the private sector working under National Skill Development Corporation (NSDC), 350 million will be contributed by 18-odd ministries at the Centre.
Meanwhile, Union Minister for Rural Development Jairam Ramesh said that the scheme would skill at least one youth from each family which had availed of 100 day employment under the under MNREGA scheme.
He also urged the sector skill councils and training partners under NSDC in particular to pay more attention to the development in the rural sector.
On the other hand Deputy Chairman Planning Commission Montek Singh Ahluwalia said that while the scheme itself has been created as an inclusive mechanism to benefit people in all walks of life, NSDC has defined skills in the right perspective and delivery of skills is now through an open architecture.
While the scheme envisages covering a million skilled people under this scheme, sufficient processes have also been pre-defined to ensure that the quality of the skill imparted is world-class. The monetary reward is strictly depended on obtaining a certificate that will be issued by qualified assessors after necessary tests have been passed. The skills are also benchmarked to National Occupational Standards that have been developed by NSDC with the support of the Sector Skill Councils.
Speaking on the occasion, Chairman of National Skill Development Corporation and National Skill Development Agency, S Ramadorai said that the skilling mission had to be inclusive. The approach must be ‘no Indian will be left behind’ if we are to achieve our ambitious National Skilling Mission target, he said.
National Skill Development Corporation, a body under the Ministry of Finance, is one of its kind public private partnership endeavour with 51 per cent equity held by private sector and 49 per cent by the Union Government. Formed in 2010, NSDC is a professionally run not-for-profit company that includes 22 Sector Skill Councils and 87 training partners with over 2500 training centres spread across 352 districts in the country.
During the event Chidambaram presented medallions to three winners of the World Skill Competition (WSC). (KNN/ES)
Launching the scheme here, Chidambaram said that the government was committed to improving the skills of the youth in the country, and would leave no stone unturned in achieving the National Skilling Mission target, according to an official notification.
The scheme also known as STAR (Standard Training Assessment and Reward) would be implemented on pan-India basis by the National Skill Development Corporation (NSDC).
It envisages that a monetary reward that will in essence financially help those who wish to acquire a new skill or upgrade their skills to a higher level. As per the scheme, each tested and certified trainee would get an average of Rs 10,000 to cover training costs.
The Finance Minister stated that during 2004-05 and 2009-10, 20 million jobs were created in the country owing to which employment rate had declined from 8.3 per cent to 6.6 per cent.
With the advancement of technology, youth need to upgrade their skills for better opportunities, he said, assuring that for skill development of youth, money will not be a constraint.
However, he emphasised that assessment and certification should be based on rigorous norms for ensuring true value to it. He urged the youth of the country and all key decision influencers like parents, teachers, mentors and employers to come forward and make best use of the benefits of this scheme.
“The scheme was first proposed by the Finance Minister in the last Union Budget to allocate Rs 1,000 crore for a scheme that will motivate the youth of this country to acquire vocational skills,” said an official notification.
The National Skilling Mission envisages adding 500 million skilled Indians by the year 2022. While 150 million are expected to be contributed by the private sector working under National Skill Development Corporation (NSDC), 350 million will be contributed by 18-odd ministries at the Centre.
Meanwhile, Union Minister for Rural Development Jairam Ramesh said that the scheme would skill at least one youth from each family which had availed of 100 day employment under the under MNREGA scheme.
He also urged the sector skill councils and training partners under NSDC in particular to pay more attention to the development in the rural sector.
On the other hand Deputy Chairman Planning Commission Montek Singh Ahluwalia said that while the scheme itself has been created as an inclusive mechanism to benefit people in all walks of life, NSDC has defined skills in the right perspective and delivery of skills is now through an open architecture.
While the scheme envisages covering a million skilled people under this scheme, sufficient processes have also been pre-defined to ensure that the quality of the skill imparted is world-class. The monetary reward is strictly depended on obtaining a certificate that will be issued by qualified assessors after necessary tests have been passed. The skills are also benchmarked to National Occupational Standards that have been developed by NSDC with the support of the Sector Skill Councils.
Speaking on the occasion, Chairman of National Skill Development Corporation and National Skill Development Agency, S Ramadorai said that the skilling mission had to be inclusive. The approach must be ‘no Indian will be left behind’ if we are to achieve our ambitious National Skilling Mission target, he said.
National Skill Development Corporation, a body under the Ministry of Finance, is one of its kind public private partnership endeavour with 51 per cent equity held by private sector and 49 per cent by the Union Government. Formed in 2010, NSDC is a professionally run not-for-profit company that includes 22 Sector Skill Councils and 87 training partners with over 2500 training centres spread across 352 districts in the country.
During the event Chidambaram presented medallions to three winners of the World Skill Competition (WSC). (KNN/ES)
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