(GIST OF YOJANA) Skills, Employment and Human Resource Development  [APRIL-2020]

(GIST OF YOJANA) Skills, Employment and Human Resource Development

 [APRIL-2020]

Skills, Employment and Human Resource Development

Introduction:

  • The budget states that it has provided Rs. 99,300 crore for education sector in 2020-21 and about Rs. 3,000 crore for skill development.
  • However, since skills programmes are spread across different ministries, the amount is actually higher.
  • The budget also talks about improving the financial support mechanism for capitalizing on foreign financing wherewithal.
  • The budget has covered all the areas of education and skill development comprehensively – beginning from the reforms required to the ground to the ground level implementation with the help of integrated approach – and the best part is that education and skill development have been made an integral part of the sectoral growth strategies.

Two New Initiatives in This Budget:

  • Focusing on the need for apprenticeship, the Budget announced two new initiatives. The first was that 150 Higher Education Institutions would start apprenticeship embedded degree/diploma courses by March 2021.
  • Second, to increase apprenticeships within the country, it was proposed to start a program where urban local bodies across the country would provide internship opportunities to fresh engineers for a period up to one year.

Other Schemes:

  • To address specific sectoral skills needs, it is proposed to set up a National Police University, and a National Forensic Science University.
  • In the medical field, it has been proposed to build a Medical College in an existing district hospital in a PPP mode.
  • Budget proposed that special bridge courses be designed by the Ministries of Health, Skill Development together with professional bodies to bring in equivalence. Another new initiative is the special thrust to infrastructure-focused skill development opportunities.
  • Supported by the National Infrastructure Pipeline covering 6,500 projects, infrastructure development will create the demand for skilled workforce.
  • A special Nirman Kaushal Vikas Yojana with an initial outlay of Rs. 50 crore is proposed. The two schemes – Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) and Skill Strengthening for Industrial Value Enhancement (STRIVE) are also quite significant.
  • This is in addition to the outlay for continuation of the Pradhan Mantri Kaushal Vikas Yojana Programme.

Conclusion:

  • Developing a robust education and skill development infrastructure based on the emerging needs is central to achieving a higher growth trajectory that leads India to the $5 trillion economy goal quickly.
  • The Budget for 2020-21 has taken significant strides in this direction.

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