Union Budget 2023-2024: Priority 6: Youth Power

1 Feb 2023 , 03:41 PM

To empower our youth and help the ‘Amrit Peedhi’ realize their dreams, the government has formulated the National Education Policy, focused on skilling, adopted economic policies that facilitate job creation at scale, and has supported business opportunities. 

Focus area	Measures announced
Pradhan Mantri Kaushal Vikas Yojana 4.0	Pradhan Mantri Kaushal Vikas Yojana 4.0 will be launched to skill lakhs of youth within the next three years.  On-job training, industry partnership, and alignment of courses with needs of industry will be emphasized.  The scheme will also cover new age courses for Industry 4.0 like coding, AI, robotics, mechatronics, IOT, 3D printing, drones, and soft skills.  To skill youth for international opportunities, 30 Skill India International Centres will be set up across different States.
Skill India Digital Platform	The digital ecosystem for skilling will be further expanded with the launch of a unified Skill India Digital platform for enabling demand-based formal skilling, linking with employers including MSMEs, and facilitating access to entrepreneurship schemes
National Apprenticeship Promotion Scheme	In order to provide stipend support to 47 lakh youth in three years, Direct Benefit Transfer under a pan-India National Apprenticeship Promotion Scheme will be rolled out.
Tourism	At least 50 destinations will be selected through challenge mode. In addition to aspects such as physical connectivity, virtual connectivity, tourist guides, high standards for food streets and tourists’ security, all the relevant aspects would be made available on an App to enhance tourist experience.  Every destination would be developed as a complete package. The focus of development of tourism would be on domestic as well as foreign tourists.  Sector specific skilling and entrepreneurship development will be dovetailed to achieve the objectives of the ‘Dekho Apna Desh’ initiative.  For integrated development of theme-based tourist circuits, the ‘Swadesh Darshan Scheme’ was also launched. Under the Vibrant Villages Program, tourism infrastructure and amenities will also be facilitated in border villages.
Unity Mall	States will be encouraged to set up a Unity Mall in their state capital or most prominent tourism centre or the financial capital for promotion and sale of their own ODOPs (one district, one product), GI products and other handicraft products, and for providing space for such products of all other States.