Indian Economy News

Job opportunities to 1 crore youth by 2020, as per Labour minister

  • IBEF
  • January 23, 2017

Hyderabad: The Union Government plans to set up skill development centres across India with an investment of Rs 12,000 crore (US$ 1.76 billion) to create job opportunities for 10 million individuals by 2020 under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY), as per Mr Bandaru Dattatreya, Minister of Labour and Employment. The ministry of labour and employment will also set up Model Career Centres (MCC) across the country. Out of the 950 employment exchanges in India, 100 would be developed as model centres with an investment of Rs 350 crore (US$ 51 million). The Union Government also plans to set up 100 driver training institutes across India.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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