Wednesday, March 05, 2025 | 09:52 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

'Rs 7.5 lakh cr needed to create 50 cr skilled workforce'

Image

Press Trust of India Mumbai

The Planning Commission has requested the government to grant Rs 7.5 lakh crore for achieving its mission of creating 50 crore skilled people, both in organised and unorganised sectors over the next decade.

"We have requested the government to sanction around Rs 7,50,000 crore to achieve the mission by 2022. We are awaiting the government's decision in this regard," Chairman, Sub-Group, Skill Development, Planning Commission, M N Chaini, told PTI here.

"The government has already spent Rs 32,000 crore in skill-development. We need more money to accelerate the project," Chaini said.

The government has set up a national policy on skill development to create a workforce empowered with improved skills and knowledge to gain access to decent employment and ensure the country's competitiveness in the dynamic global labour market.

 

It aims to increase productivity of the workforce both in the organised and the unorganised sectors and seeks increased participation of youth, women, disabled and other disadvantaged sections. It also seeks to synergise the efforts of various sectors and reform the present system.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 29 2009 | 3:25 PM IST

Explore News