Updated on: Monday, January 28, 2013
Government approved the modification in a special scheme being implemented in Jammu and Kashmir to train educated youth with marketable skills for gainful employment.
The Cabinet Committee on Economic Affairs cleared the 'Special Industry Initiative for Jammu and Kashmir' (Udaan) to make it more flexible and relevant.
Under the scheme, 40,000 youth will be trained in five years. Companies which show interest in the scheme and enter into the agreement with the National Skill Development Corporation (NSDC), will screen and select students from the state, an official release said.
After assessing the skill gap of the trainees, a training module, its duration and nature of training will be designed by the companies. Trainees will be relocated to the training facility. After completion of training, they will be interviewed for a job with the company and will be placed accordingly.
The scheme targets youth who are educated, but lacking marketable skills. It includes graduates, postgraduates, three-year engineering diploma holders and youth with professional degrees.
This talent pool in the absence of job opportunities becomes highly alienated and their potential in turning around the state economy is wasted. The scheme will facilitate gainful employment to the youth of Jammu and Kashmir. By providing them jobs, the scheme proposes to channelise their energies into creative pursuits, the release said.
Within the overall central assistance of Rs 750 crore, the flexibility to appropriate the budget among different expense heads will be allowed.
Public Sector Undertakings (PSUs) have now been allowed to participate in the scheme and will meet the expenses under their Corporate Social Responsibility (CSR) head.
It allows inclusion of three-year engineering diploma holders in the scheme, reimbursement of fixed training cost after minimum three months employment, instead of one year employment, provision of medical/accident insurance, etc, the release said.