 "Unemployment, Skills, Organisation, Structure, employees")
To incentivise youth to undertake skilling programmes, the government is considering issuing skill vouchers or skill wallets. According to the Economic Times, the vouchers can be used to pay for skill training at any of the approved skill providers.
The redeemable value of these vouchers/wallets will depend on the courses opted for,” ET reported, quoting an official. The move is in line with the government’s plan to shift from subsidy-based system to incentive-based Skill India mission.
— 100% redeemable vouchers in sectors with less starting salary
The government will issue 100% redeemable wallets/vouchers for skills training in sectors like construction as the starting salary
