{"id":11043,"date":"2024-07-23T23:14:26","date_gmt":"2024-07-23T17:44:26","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/?p=11043"},"modified":"2025-02-17T10:44:33","modified_gmt":"2025-02-17T05:14:33","slug":"new-centrally-sponsored-skill-development-scheme-announced-under-prime-ministers-package","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2024\/07\/23\/new-centrally-sponsored-skill-development-scheme-announced-under-prime-ministers-package\/","title":{"rendered":"New Centrally Sponsored Skill Development Scheme Announced Under Prime Minister\u2019s Package"},"content":{"rendered":"<p style=\"text-align: justify;\">Union Finance Minister, Smt. Nirmala Sitharaman has announced a new centrally sponsored scheme as the 4<sup>th<\/sup>\u00a0scheme under the Prime Minister\u2019s package, for skilling in collaboration with State governments and industry. While presenting the Union Budget 2024-25 in Parliament today, the Finance Minister said that 20 lakh youth will be skilled over a 5-year period and 1,000 Industrial Training Institutes will be upgraded in hub and spoke arrangements with outcome orientation. The Finance Minister stated that course content and design will be aligned to the skill needs of industry and new courses will be introduced for emerging needs.<\/p>\n<p style=\"text-align: justify;\">With regard to skilling loans, the Finance Minister announced that the Model Skill Loan Scheme will be revised to facilitate loans up to ` 7.5 lakh with a guarantee from a government promoted Fund. This measure is expected to help 25,000 students every year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Union Finance Minister, Smt. Nirmala Sitharaman has announced a new centrally sponsored scheme as the 4th\u00a0scheme under the Prime Minister\u2019s package, for skilling in collaboration with State governments and industry. While presenting the Union Budget 2024-25 in Parliament today, the Finance Minister said that 20 lakh youth will be skilled over a 5-year period and &hellip;<\/p>\n","protected":false},"author":1,"featured_media":28855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[8507,8508,8506],"class_list":["post-11043","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business-english-news","tag-employment-skills-program","tag-government-vocational-training","tag-skill-training-program"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Centrally Sponsored Skill Development Scheme Announced Under Prime Minister\u2019s Package - Matribhumi Samachar English<\/title>\n<meta name=\"description\" content=\"Learn about the new centrally sponsored skill development scheme announced under Prime Minister&#039;s package. 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