The government will launch a project for modernising employment exchanges, which will help the youth to get jobs by registering themselves online at any exchange in the country.

"This would enable a job seeker to register online from anywhere and approach any employment exchange," Union Finance Minister Pranab Mukherjee said while presenting the Union Budget today.

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Under the project, a national web portal with common software will be developed. This will contain all the data regarding the availability of skilled persons, on the one hand, and requirements of skilled persons by industry, on the other.

It will help the youth to get placed and enable industry to procure required skills in real time, Mukherjee added.

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