A meeting over this project was chaired by Punjab Chief Minister Parkash Singh Badal here today and attended by members of the society constituted for running this centre.
This society is headed by industrialists Pankaj Munjal of Hero Cycles, Sandeep Minni Riat, S P Oswal, Upkar Singh, SC Ralhan, Avtar Singh and Deputy Commissioner Ludhiana.
During the meeting, Badal impressed upon the local industrialists to play a pro-active role in the promotion of skill training centres across the state with an objective to cater to local needs of industry by providing skilled manpower.
The Chief Minister said once the project took off, running expenses for managing the day-to-day affairs would be equally shared by the state government and corporation.
Pankaj Munjal from Hero Cycles said the Centre would be ready by March 2015.
The Chief Minister said this multi skill centre would impart training to over 2,000 unemployed youth, including girls, particularly to encompass the major section of school and college dropouts who left studies midway due to economic hardships.
Munjal further said the total cost of the project would be around Rs 14.8 crore, out of which Rs 7.80 crore would be spent on the renovation of the building, Rs 5 crore on machines and equipment, Rs 2 crore on working capital.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
