"By next three years, the Government of India is committed to a total amount in skilling...The provision made is to the tune of Rs 32,000 crore. Never ever in the history of independent India, this large allocation has been done and this has been done at the instance of the Prime Minister (Narendra Modi) himself," Rudy told reporters.
"The challenge today is to see how this money has to be utilised and...The formulation whether between the ITIs and PMKVY (Pradhan Mantri Kaushal Vikas Yojana) or through the Apprenticeship Scheme which has been completely revised," he said.
Under the World Bank scheme of strengthening the institutions of state and central governments, a loan of USD 1.5 billion was committed. And recently under apprenticeship Scheme another Rs 12,000 crore was given, he said.
Out of the Rs 12,000 crore sanctioned for Pradhan Mantri Kaushal Vikas Yojana (PMKVY), 25 per cent of this money will go directly to the states, Rudy said.
Also Read
"There are 2,500 blocks in the country which do not have ITIs, and Government of India is planning to set up in each and every unserviced block of this country the multi-skill training institutes," he said.
"In China, an estimated three crore students are being
trained on factory floors, in Japan it is 1 crore and in Germany 40 lakh students. To make training successful after classroom teaching it has to be connected to the institution of industry.
"Yesterday, the Ambassador of India to Japan met me and said if we can give 10,000 boys who are skilled, the Japan government is ready to take them. There is not only a shortage of trained workforce within the country, the whole world is looking towards India for a trained manpower. But, unfortunately the ecosystem of skilling was compromised (earlier)," Rudy said.