Amarnath said that Chandrababu had announced that 6 clusters are being set up for this purpose and about Rs 3,300 crore will be spent at the rate of Rs 560 crore per cluster
The government plans to rope in more industry partners to increase the pace of training under its flagship SAMARTH scheme for skill development in the textile sector, a senior official said on Friday. The government aims to make the country's textile sector worth USD 250 billion by 2030 from USD 150-155 billion at present. "To have this kind of growth, it is extremely important that we also have a skilled manpower available," Textile Secretary Rachna Shah said. Addressing a press conference here, she said that more than 85 per cent of the 1.5 lakh beneficiaries trained so far under the scheme are women. Over 70 per cent of the beneficiaries trained in organised sector courses have been provided placement, she added. "Out of the skilling target of 3.47 lakh beneficiaries allocated so far, 1.5 lakh beneficiaries have been provided training," she said. The SAMARTH scheme is being implemented till FY2024 ending March next year. To continue with the momentum of the scheme and to incr
India will soon be the global skills hub, Union Minister Dharmendra Pradhan said on Tuesday, underlining the importance of investment in education and skill development to ensure people have the knowledge and required capabilities to capture opportunities in 21st century. The Minister for Skill Development and Entrepreneurship was speaking at an event for collaboration between National Skill Development Corporation, and Hotel and Tourism Management Institute (HTMi), Switzerland. NSDC and HTMi envision to support the hospitality and tourism industry with large numbers of well-trained hospitality professionals, through the Swiss Apprentice Education and Training Mode. This partnership will assist students make a career in the hospitality sector and narrow the existing gap between the demand and supply of skills across the globe. Pradhan said investments in education and skill development of "our people are imperative to ensure that they have required knowledge and capabilities to ...
Around Rs 100 crore will be used for overall personality development and Rs 200 crore for education, scholarships and other related resources
Key concern: Gap between industry requirement and what's taught
Around 80,000 youngsters from across Jammu and Kashmir will be skilled in different fields, Jammu and Kashmir Lt Governor's advisor Rajeev Rai Bhatnagar said on Sunday. Speaking at the inauguration ceremony of a mega job fair organised by the Labour and Employment Department here, Bhatnagar said the administration is encouraging self-employment as several schemes in different sectors have been initiated to create employability avenues for the youth. "Under the Back to Village (B2V) and My Town My Pride (MTMP) programme, the administration has identified 80,000 youth from all districts who will be skilled in different fields, the advisor said. More than 4,000 candidates participated in the fair with around 60 reputed organisations and companies projecting job openings of around 1,911. About 1,000 candidates were shortlisted and 200 were selected on spot. Bhatnagar said the skill ecosystem in Jammu and Kashmir has been upgraded and a lot of advanced courses, in line with the National
Shifting to a flexible, diverse, and digital work model may bring 7.7% higher profit growth and 6.7% higher revenue growth
In the upcoming year, the salary hikes are less likely to be dependent upon seniority
The government has ring-fenced financial outlays for various social sectors, and this is reflected in nominal increases and efforts to make them more effective
FM announced establishment of 30 Skill India International Centres across different states, launch of a unified Skill India Digital platform for enabling demand driven formal skilling
About 1.1 crore persons have been trained and 21.4 lakh placed under the second phase of the government's flagship skilling scheme PMKVY, said the Economic Survey 2022-23 tabled in Parliament on Tuesday. With an aim to make India a skill capital of the world and improve mobility of skilled manpower, the National Skill Development Corporation (NSDC) International has been set up, which aims to create a network of institutions across India, said the survey. This network of institutions will be called the Skill India International (SII) Network. It shall be created through the empanelment of state-of-the-art government and private institutions, it added. "Between FY17 and FY23 (as of 5 January 2023), under PMKVY 2.0 about 1.1 crore persons have trained: 83 per cent certified and about 21.4 lakh placed. Under PMKVY 3.0, during FY21 to FY23 (as on 5 January 2023) 7.4 lakh persons have been trained, 66 per cent certified and 41,437 placed," the Survey stated. The Survey also highlighted
60 per cent of all the grey and blue-collar hires were "freshers" with a prior work experience of 0 to 3 years: Billion Careers
Union Minister Dharmendra Pradhan on Wednesday called for creating greater synergy among skill development schemes of all ministries, further aligning skill development efforts and fast-tracking implementation to create impact-at-scale. The Minister for Education and Skill Development and Entrepreneurship chaired the 3rd meeting of the steering committee of the National Skill Development Mission. "Discussions centred around skill development schemes, skill gap analysis and skill mapping, connecting Indian youth to global opportunities, developing curriculum to reflect emerging trends and creating synergy between different portals related to skill development," an official statement said. In the meeting, Pradhan discussed the progress made and the roadmap ahead in the skill development efforts. "The minister discussed various issues such as creating a convergence of skill development schemes, skill gap analysis and skill mapping, connecting Indian youth to global opportunities, ...
The cost of failure was the wages lost for the period the start-up was running, stacked on the other side were the benefits success would bring
Prime Minister Kaushal Vikas Yojana (PMKVY), aiming to skill the youth of the country has performed poorly so far as placement of the trained or certified people under the scheme is concerned
Interested candidates will be selected after appearing for an eligibility test. An online screening test will be conducted on October 15 and 16. Students can register at https://bit.ly/CCEIITM
Calls for involving the industry to bridge the huge gap
The committee is particularly concerned about the third edition of the scheme, as placement figures fall below 10%
Pradhan also said that the brand of IITs and IIMs were sought by the developed countries to partner with their institutions
It is about time that we celebrate our Skill Champions, says Chandrasekhar