National Skill Development Corporation

The Finance Minister

" A large number of youth must be motivated to voluntarily join skill development programmes. I propose to ask the National Skill Development Corporation to set the curriculum and standards for training in different skills. Any institution or body may offer training courses. At the end of the training, the candidate will be required to take a test conducted by authorized certification bodies. Upon passing the test, the candidate will be given a certificate as well as a monetary reward of an average of Rs. 10,000 per candidate. Skill-trained youth will give an enormous boost to employability and productivity. On the assumption that 10,00,000 youth can be motivated, I propose to set apart Rs. 1,000 crore for this ambitious scheme. I hope that this will be the trigger to extend skill development to all the youth of the country. "
Accordingly, this scheme is hereby implemented to achieve the stated objectives.

Finance Minister
Shri P. Chidambaram