Page 24 - NIS English 01-15 July 2022

Cover Story Skilling India, Transforming India
Increase in budget for

skill mission

Lack of budget was not
allowed to come in the Drone-as-a-Service startups
way of accelerating skill will be promoted. Approved a
development progress. Its PLI scheme of Rs 120 crore for
budget continues to grow and the production of drones and
the General Budget presented drone components to increase
for 2022-23 emphasises the employment. In the coming
continuous enhancement of skill three years, 10,000 jobs will be
development programmes with created in this sector.
industry partnerships, the main The National Skill Development
ones being: Corporation has also launched a
The National Skill Qualification Skill Impact Bond in association
Framework will be aligned with with some institutions in the
the needs of the industry. For country and the world, which
this, 750 virtual and 75 skill- is the first of its kind bond on
based e-labs will be set up in the skills. This collaboration has
country. raised a fund of US $14.4 million
Youth will be made skilled to benefit 50,000 youth over four
through online training by years.
setting up 'Desh Stack Portal The main focus of this fund-
(DESH-Stack e-portal)' for skills linked scheme is to provide
and livelihood. An API-based skill and vocational training
credible skill certificate will be to women and girls to gain
given. employment.

National Apprenticeship Promotion Scheme, ranking in the last few years. In today's changing
which launched in 2016, significant changes times, new opportunities are opening up for the
were made to the Apprenticeship Act. To youth. It is critical to equip them with skills and
encourage apprenticeship, the Apprenticeship knowledge that will allow their dreams to take
Act was amended to include a provision flight. The youth of India are prepared for any
allowing organisations to receive a 25% stipend challenge by skilling, reskilling, and upskilling as
reimbursement. required by the market. The Skill India campaign
The Degree-Apprenticeship is a first-of-its- has now become synonymous with New India.
kind dual vocational education programme
launched by the Ministry of Skill Development and TECHNOLOGY, MANAGEMENT SHAPING
Entrepreneurship in collaboration with the Ministry SKILL
of Education, including on-the-job training. Skill The Prime Minister's vision of a New India is
Mission has provided opportunities for trained being realised as a result of the policy of giving
youth all over the world. Several programmes new life to young aspirations rather than limiting
are being implemented with approximately 20 them to being the world's largest consumers of
countries to increase foreign mobility. Among technology. India has set a goal of becoming
these are skills mapping , driving training with a technological leader, and the Prime Minister
the UAE and TIPP with Japan. India has risen has referred to this decade as "TECHADE" on
from 29th to 13th place in the international skill numerous occasions. There is a need to create a

22 New India Samachar July 1-15, 2022