For some time now, we have been hearing about India’s demographic dividend and the untapped talent of its massive youth population. As we celebrate our 75th Independence Day, some companies are rising up to the challenge of skilling and providing employment opportunities to the country’s youth.
Back to Skills – These startups lend a helping hand, skill youth for employment
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Boosting the Government of India s vision of a “Kaushal Bharat, Kushal Bharat” (Skilled India, Prosperous India), many startups and organisations have set up skill training where the youth not only gain vocational training, but also employment opportunities. Image Credit: Skill India
The skill development and entrepreneurship efforts across the country have been highly fragmented so far. As opposed to developed countries, where the percentage of skilled workforce is between 60 percent and 90 percent of the total workforce,
India records an abysmal 4.69 percent of workforce with formal vocational skills.
Hon’ble Speaker,
I present the Budget for the year 2021-2022.
1. Honourable Speaker, the preparation of this Budget was undertaken in circumstances like never before. We knew of calamities that have affected a country or a region within a country, but what we have endured with COVID-19 through 2020 is sui generis.
2. When I presented the Budget 2020-21, we could not have imagined that the global economy, already in throes of a slowdown, would be pushed into an unprecedented contraction.
3. We could not have also imagined then that our people as those in other countries would have to endure the loss of near and dear ones and suffer hardships brought about due to a health crisis.
Union Budget 2021: Here is Full Text of Nirmala Sitharaman s Address at the Parliament
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Introduction
Honourable Speaker, the preparation of this Budget was undertaken in circumstances like never before. We knew of calamities that have affected a country or a region within a country, but what we have endured with COVID-19 through 2020 is sui generis. RELATED NEWS
When I presented the Budget 2020-21, we could not have imagined that the global economy, already in throes of a slowdown, would be pushed into an unprecedented contraction.
We could not have also imagined then that our people as those in other countries would have to endure the loss of near and dear ones and suffer hardships brought about due to a health crisis.
Presenting the Budget for 2021-22 in Parliament, Nirmala Sitharaman said over Rs 3,000 crore will be set aside for this purpose (File Photo)
NEW DELHI: To enhance opportunities for youth, the government on Monday proposed to amend the Apprenticeship Act and realign the National Apprenticeship Training Scheme for post-education apprenticeship, training of graduates and diploma holders in engineering.
Presenting the Budget for 2021-22 in Parliament, finance minister Nirmala Sitharaman said over Rs 3,000 crore will be set aside for this purpose. In 2016, we had launched the National Apprenticeship Promotion Scheme. The government proposes to amend the Apprenticeship Act with a view to further enhancing apprenticeship opportunities for our youth, Sitharaman said.