Badal gave in-principle approval to the 'Gurukul', which will be set up as a pilot project.
The aim behind the move is to train unemployed rural youths through special skill development centres with a focus on their 100 per cent placement in the industrial sector, Badal said during a meeting with the Confederation of Indian Industry (CII) here.
The institute would be set up with the joint efforts of the state government and CII.
The Chief Minister assured the CII of required support of the state government to establish the new venture and asked Deputy Commissioner, Nawanshahar, to identify a suitable site or some vacant building to initiate the CII-Gurukul project.
Badal also asked the CII to finalise their plan at the earliest and assured them the extension of this scheme to other districts after its success in Nawanshahar.
According to CII representatives, 300 rural youths would be trained in a year in the Gurukul through imparting 30 to 45 days intensive semi-skilled certified training which would be subsequently extended to six months as an advanced training course, as per the need and requirement of the employers.