Budget 2020: Govt to Spend 3000 Crores on Skill India Programme

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    Budget 2020: Union Finance Minister Nirmala Sitaraman announced Rs.3000 crore for the Skill India Programme today. She said, “There exists a huge demand abroad for teachers, paramedical staff and caregivers. But their skills do not match the required standard by employers. My government proposes Rs 3000 crore for skill development,”.

    She also said, “There is a shortage of qualified medical doctors both general practitioners and specialists; it is proposed to attach a medical college to a district hospital in PPP mode; details of the scheme to be worked out soon. Rs 99,300 crore allocated for the education sector” .

    During the speech, she talked about the importance of entrepreneurship. She said that entrepreneurship had been the greatest strength of the country. To create more jobs, and develop skills, the government is looking at creating five new smart cities in the country.

     

    “Investment clearance cell to be set up for entrepreneurs. Individuals will be offered assistance in funding as well and a portal will be set up for this purpose. Efforts to step up entrepreneurship amid a growing realisation that start-up India and other handholding schemes have not taken off as intended,” minister said.

    Pradhan Mantri Kaushal Vikas Yojana (PMKVY), a flagship programme of the National Democratic Alliance (NDA) government, was launched by Prime Minister Narendra Modi on July 15, 2015. Under the scheme, 1.9 million candidates were trained for 375 job roles in the first year. Later, the Union Cabinet extended the scheme for another four years (2016-2020) to impart skills to 10 million young people in the country. 

    At the same time, a parliament panel report pointed out the inefficiency of government in executing the programme stating that Union skill development ministry has not spent its entire budget for the last three years and that the scheme has only achieved just 49% of its training target.

    Standing committee report on labour justified the accusation, saying the Centrally Sponsored Centrally Managed (CSCM) component of the PMKVY “had a target to train 11,076,167 people, but only 5,761,570 could be enrolled out of which 5,446,975 could be trained.”

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