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Skill India Mission: Objectives, Features & Benefits

India’s total population comprises the one-fifth majority of youth. They contribute significantly to the economy. However, lack of skill-building and job opportunities obstructs their growth. To remove this concern, the Indian Government has launched the Skill India mission. This scheme offers skill development training and financial aid to beneficiaries.
The expansion of the Skill India initiative is anticipated to have a greater impact on how India's economy and society develop in the future. Keep reading to know more about this scheme.
Table of Contents
What is the Skill India Mission Scheme?
The Skill India Mission was launched on 15 July 2015 by the Central Government to make Indian youth belonging to rural and urban areas competent for employment.
It aims to empower India’s youth by offering necessary skills and training to increase their chances of getting jobs in various sectors. This also boosts an individual's productivity and knowledge.
The initiative also aims to educate more than 40 crore individuals and create a workforce by 2022. It does so by offering different courses and classes for free.
The National Skill Development Mission takes account of the proceedings through a result-oriented structure that connects with modern business requirements. Technically, this scheme takes care of convergence, institutional training, overseas employment, leveraging public infrastructure and sustainable livelihoods.
Interested individuals can register themselves through an online process and enlist for a preferred course.
Let’s check what the objectives of the Skill India initiative are to understand this scheme better.
Schemes for Skill Development Launched by the Government of India
For Indian youth, skill development is crucial because it makes them marketable, helps them learn new skills, and makes them competitive in the labour market. Schemes Under the Skill India Programme are:
Courses Offered Under the Skill India Mission
People should check the courses offered by Skill India before applying. They can use this information to determine whether the courses suit their interests. The following programmes are included in the list of skill development courses under the Skill India Mission, as part of the schemes mentioned above:Â
Objectives of the Skill India Development
Following are the purposes of the said scheme for the development of the workforce in India.
- The Skill India Mission aims to offer market-oriented skills training to nearly 40 Crore Indians by 2022.
- It works to create a space for promoting the talents of youths and creating job opportunities for them.
- Skill India Mission funds sectors that are searching for options to recognise areas for skill development.
- It removes the gap between talented youth and enterprises.
- Lowering the poverty graph in the country.
- Boosting healthy competition in Indian businesses.
- Support Indian workforce and local production in the Indian and global markets.
- Diversifying skill development schemes to meet crucial challenges.
- Enhancing engagement of social partners and improving the relationship between public and private partnerships.
- Seek investors to finance sustainable skills development.
Apart from objectives, individuals should also check the features of the Gramin Skill Development mission.
Features of the Skill India Scheme
The features of the Skill India Mission are as follows.
- It creates a lucrative scheme for the development of rural youth.
- This scheme focuses on improving the entrepreneurship and service skills of Indian youth.
- National Skill India Mission supports and offers training to individuals working in both organised and unorganised sectors. For instance, cobblers, nurses, masons, kiln workers, etc., can apply for this scheme.
- Skill India Mission also focuses on developing sectors, such as designing, textiles, gems industry, transportation, real estate, textiles, etc. These areas need adequate training for growth.
- It trains youth and makes them capable of finding a job in both India and abroad.
Let’s check the benefits offered by this scheme to know more about Skill India Mission.
Role of Skill India Scheme in Economic Growth
Skill India has helped the nation's economy flourish by supplying trained labour to numerous industries. Businesses can run more profitably and contribute to economic growth with a trained workforce. The Skill India Scheme, launched by the Government of India, plays a role in economic growth by focusing on the following areas:
Components of Skill India Mission
Considered the premier skill development program under Skill India, the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) seeks to empower the youth by giving them training opportunities for improved livelihoods. The elements of PMKVY are as follows:
Importance of Skill India
Through a focus on skill development programs and workforce development investments, India may leverage its demographic dividend, improve productivity in many industries, and secure long-term socio-economic advancement. Skilling is important for the following reasons:
Benefits of the Skill India Mission
The Skill India Mission offers beneficiaries the following benefits.
- With appropriate skill development, one can get better job positions and appropriate salaries.
- They can improve their standard of living and support their family.
- The development at the grass-root level will help boost the economy and attract foreign investments.
- Individuals receive a National Skill India Mission certificate which substantiates their skill training.
- Skilled employees would offer better outcomes and more productivity.
- An individual can develop his/her skills and set up a business. This again increases the scope for employment in India.
- Salaried beneficiaries can avail loans of up to ₹1 crore and ₹3.5 crores as self-employed against this scheme. With a stable income, they can easily repay the outstanding balance within the tenure of 20 years.
This is some vital information on the Skill India Mission and its variables. Individuals should check the official website to check enrolment procedures and documentation. This will help them streamline the whole process. Skill India has significantly impacted the Indian economy and society. The initiative has aided in empowering people, boosting productivity, fostering entrepreneurship, and opening job prospects.
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