To empower the youth and help the ‘Amrit Peedhi’ realize their dreams, the government have formulated the National Education Policy, focused on skilling, adopted economic policies that facilitate job creation at scale, and have supported business opportunities, said Union Minister for Finance & Corporate Affairs Smt Nirmala Sitharaman while presenting the Union budget 2023-2024 in Parliament. Union Budget 2023-2024 adopts seven priorities, which complement each other and act as the ‘Saptarishi’ guiding us through the Amrit Kaal. Youth Power is one of the priority areas which include Skill Development.
The finance minister announced that Pradhan Mantri Kaushal Vikas Yojana 4.0 will be launched to skill lakhs of youth within the next three years. The scheme will emphasize on On-job training, industry partnership, and alignment of courses with needs of industry.
The scheme will cover new-age cources for Industry 4.0 like coding, AI, robotics, mechatronics, IOT, 3D printing, drones, and soft skills. 30 Skill India International Centres is to set across different States to skill the youth. The Minister announced the roll-out the Direct Benefit Transfer under a pan-India National Apprenticeship Promotion Scheme to provide stipend support to 47 lakh youth in three years. Smt Sitharaman informed that the digital ecosystem for skilling will be further expanded with the launch of a unified Skill India Digital platform.
