Union Government launches Pradhan Mantri Yuva Yojana

Posted on:10 Nov 2016 18:07:04
Union Government launches Pradhan Mantri Yuva Yojana
10 November 2016 Current Affairs: The Union Ministry of Skill Development and Entrepreneurship (MSDE) has launched the Pradhan Mantri YUVA Yojana to boost up an ecosystem of entrepreneurship for young people.

Highlights of the Yojana : The scheme was launched for the time period of over five years (2016-17 to 2020-21) with a project cost of 499.94 crore rupees.

It will offer entrepreneurship education and training to around 7 lakh students in 5 years through 3050 Institutes. It will also offer easy access to information and mentor network, credit and advocacy to build a way-out for the youngsters.

The institutes under the Yojana include 2200 Institutes of Higher Learning (colleges, universities, and premier institutes), 300 schools, 500 ITIs and 50 Entrepreneurship Development Centres.These institutes will carry out the training through Massive Open Online Courses (MOOCs).

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