Skill Development and employment generation focus: Budget 2017
Q. Allocation for PM's Employment Generation and Credit Support schemes has been increased by how many times?- Published on 03 Feb 17
Announcements in the Budget 2017 focusing allocation to boost Employment Generation, Skill, and Livelihood initiatives:
INR 17273 crore allocated for Employment Generation, Skill, and Livelihood in Budget 2017.
INR 3016 crores allocated to Ministry of Skill Development and Entrepreneurship(MSDE) for 2017-18 which was INR.1804 crores (revised to INR.2173 crores) in 2016-17.
INR.4,500 allocated for Deendayal Antyodaya Yojana- National Rural Livelihood Mission for promoting skill development and livelihood opportunities for people in rural areas to in 2017-18.
Pradhan Mantri Kaushal Kendras (PMKK) have already been promoted in more than 60 districts which will be extended to 600 districts across India.
100 India International Skills Centres will be established across India. These Centres would offer advanced training and also courses in foreign languages. This will help in raising job opportunities in foreign areas.
Mason skill training to 5 Lakh people in rural areas by 2022 with a present target of training at least 20,000 individuals by 2017-18.
3 times increased allocation for Prime Minister’s Employment Generation Programme (PMEGP) and credit support schemes.
Launch the Skill Acquisition and Knowledge Awareness for Livelihood Promotion programme (SANKALP) at a cost of INR 4,000 crores to provide market relevant training to 3.5 crore youth in 2017-2018.
INR 2,200 Crore allocated for Skill Strengthening for Industrial Value Enhancement (STRIVE) in 2017-18 to focus on improving the quality and market relevance of vocational training provided in ITIs. It willa also strengthen the apprenticeship programmes through industry cluster approach.
INR 500 crores allocated to establish Mahila Shakti Kendra in 14 lakh ICDS Anganwadi Centres in rural areas. This will provide one-stop convergent support services for empowering rural women with opportunities for skill development, employment, digital literacy, health, and nutrition.