Ola will become an Icard for the youth working in Swigi and there will be registration on the E-Shram portal. Apart from this, Gig workers will also get the benefit of Jan Arogya Yojana. Finance Minister Nirmala Sitharaman announced the benefit of these schemes to 1 crore Gig workers in the budget 2025 budget speech.
These 5 announcements related to the job-skilling of the youth were made by the Finance Minister-
10 thousand fellowships will be available in IITs and IIMS. Medical education will increase 10,000 seats next year. 75,000 seats will increase in 5 years. 50 thousand Atal Tinkering Labs will be built in which you will be able to do skilling courses. With the help of Indian language book scheme, digital books will be available for school and higher education. 5 new centers will be built under National Center for Skilling. 65,000 seats will increase, IIT will be Patna Expendent. 3 Center of Excellence in AI for Education will be made. Agricultural, health and AI centers will be built with a budget of 5 thousand crores.
Explain that in 2024, 5 schemes were announced for the youth. 4 of these are still in process, while 1 scheme is hold. The update of these 5 schemes is like this-
Scheme 1: Skilling
Announcement: Internship in top companies
In 500 top companies of the country, the government will make 20 lakh youth internships every year. During the Internship, 5 thousand rupees will be given every month. A total of 1 crore youth will be skilled in 5 years.
States: Hold
The online registration for the interaction started from October 12, 2024. As of November 15, 6.21 lakh youth registered for the interaction. It was to be launched on December 2, but on the same day the scheme was held. Scheme was held on the same day. There has been no date for resumption.
Scheme 2: Job Creation in Manufacturing
Announcement: Incentive on first job
For the first time in the manufacturing sector, the job will get incentives. The government will give incentive to both the people and the jobbers. In EPFO, incentive will be fixed on the basis of first 4 years deposits. 30 lakh youth will benefit.
States: Just Starts No
Employees were given time till 30 November 2024 for registration in EPFO. Once the last date was extended to 15 December 2024 and then 15 January 2025. How much will be the intended and through what medium the rules will not be decided yet.
Scheme 3: First Time Employment
Announcement: Bonus equal to first salary
The government will give Rs 15,000 to the people who register for the first time in EPFO. This bonus will be directly transferred to the bank account. The scheme will be benefited only if there is a monthly salary less than Rs 1 lakh. Help will be given.
States: Just Starts No
The first job employees were given time till 30 November 2024 for EPFO Registration. This date was raised to 15 December 2024 and then 15 January 2025. According to the information, the first installment in bank accounts has not yet been credited.
Scheme 4: Support to Employer
Announcement: EPF Remissives to Companies
On connecting new employees with EPFO, the government will give remuneration to those who give jobs. This will benefit by connecting employees with less than 1 lakh salary with EPFO. The job will be given a remuneration of 3 thousand rupees every month for 2 years.
States: Just Starts No
The last date of EPFO Registration of the new employees was January 15, 2025. According to the information, the employees have not yet started receiving the remuneration.
Scheme 5: Higher Education Loan
Announcement: Guarantee Free Loan up to 10 Lakh
For admission in Higher Education Institutes, there will be government help in loans up to 10 lakhs. Government will give 75% credit guarantee on loans up to 7.5 lakhs. That is, if the loan is not repaid, the bank will charge 75% money from the government. The government will pay 3% of the annual interest on loans up to 10 lakh.
States: Just Starts No
On 6 November 2024, the PM Vidyalakshmi Scheme was approved by the government. The scheme is to start from February 2025.
32 out of every 1000 unemployed in the country
The unemployment rate of the country was 3.2% in 2024. This means, 32 out of every 1000 people looking for work are unemployed. The unemployment rate was also 3.2 in the year 2023. The unemployment rate of 2022 has come down as against 4.1%.
NDA government on education costs 1% less than UPA
The NDA government spent 1% less of the total budget on education as compared to UPA. See the data of the last 20 years-
3 major skilling schemes continue in the country
The government has run 3 major skilling schemes for illiterate, rural and backward youth-
1. Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
For illiterate, skillless
It started in July 2015. The purpose youth has to prepare for employment by giving industry skills. Less educated or skillless unemployed youths who have left school/college can innovate in it. Under this, free or subsidized training courses are conducted. Are. Its certificate is available. According to government data, more than 1.2 crore youth have benefited.
website – PMKVYOFFICIAL.ORG
2. National Skill Development Mission (NSDM)
For rural youth
It started in July 2015. Under the purpose of 2022 to provide skill training to 40 crore people. Especially youth of all age of rural and weaker sections can enroll. Training is imparted in fields like IT, Hospitality, Construction. Training Government And meets private institutions. Certificate is received on completion of the course. By now more than 5 crore people have benefited.
Website – nsdcindia.org
3. Deendayal Upadhyay Rural Kaushalya Yojana (DDU-GKY)
Backward classes, for women
It started in September 2014. The purpose is to provide skill training to rural youth of 15-35 years. SC/ST, women and disabled get the benefit of this. Under this, free training, living and food facilities, placements in placement. Help and minimum wage guaranteed. By now more than 11 lakh youth have benefited.Website – ddugky.gov.in