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.

Keep reading to know more about this scheme.

The Skill India Mission was launched in 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.

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.

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.

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 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.