Skill development institute for minorities to be set up: Govt

Image
Press Trust of India New Delhi
Last Updated : Oct 08 2014 | 4:26 PM IST
The government today announced a national-level skill development institute for minorities, which will train people in those areas where demand is likely to go up in the evolving economic conditions so as to help their employment prospects.
Minority Affairs Minister Najma Heptulla said the government is setting up Maulana Azad National Academy for Skills (MANAS) which it will serve as a specialised vehicle to implement skill development and upgradation programme for minorities being undertaken by various ministries of the Centre or the states.
Inaugurating the annual Conference of State Channelising Agencies (SCAs) of National Minorities Development and Finance Corporation (NMDFC), she said the academy will be headquartered in Delhi.
"This is an ambitious project focusing at providing skills, training and upgradation in those sectors of economy in which there is shortage of these specialisations or demand is likely to emerge in future. It will help people find gainful employment or self-employment opportunities," she said.
Prime Minister Narendra Modi has frequently stressed on the need for skill development of the youth to deal with the challenge of unemployment in the country.
NMDFC will ensure concessional credit flows to such people who have undergone training and want to either set up or expand their own business for self-employment, an official statement.
MANAS will act as a link between demand for skills and need for concessional credit to boost employment.
"The academy will network with various national and international agencies for certification, placement and funding for the programme," it said.
An MoU was also signed between MANAS and National Skill Development Corporation (NSDC) to establish an extensive all- India collaborative network for the academy.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Oct 08 2014 | 4:25 PM IST

Next Story