Quote From The Finance Minister
"I had promised an ambitious programme to skill millions of young men and women and had tasked the National Skill Development Corporation to implement the programme. The National Skill Certification and Monetary Reward Scheme was launched in August 2013 and has been widely hailed as a success. At last count, 24 Sector Skill Councils, 442 Training Partners and 17 Assessment Agencies had joined the programme. 204 job roles have been finalised. 168,043 youth had enrolled and 77,710 have completed their training.
Hon’ble Members will recall that I had set apart 1,000 crore for the scheme. The whole of that amount will be transferred to the NSD Trust and I propose to transfer another sum of 1,000 crore next year to enable the Trust to scale up the programme of NSDC rapidly. I may add that NSDC actually complements the initiatives of several ministries which steer skill development programmes such as UDAAN in Jammu and Kashmir."
" A large number of youth must be motivated to voluntarily join skill development programmes. I propose to ask the National Skill Development Corporation to set the curriculum and standards for training in different skills. Any institution or body may offer training courses.
At the end of the training, the candidate will be required to take a test conducted by authorized certification bodies.
Upon passing the test, the candidate will be given a certificate as well as a monetary reward of an average of Rs. 10,000 per candidate. Skill-trained youth will give an enormous boost to employability and productivity. On the assumption that 10,00,000 youth can be motivated, I propose to set apart Rs. 1,000 crore for this ambitious scheme. I hope that this will be the trigger to extend skill development to all the youth of the country. "
Accordingly, this scheme is hereby implemented to achieve the stated objectives.
Shri P. Chidambaram