Wednesday, December 2, 2015

Government Schemes: Employment & Skill Development With PDF

National Skill Development Corporation

National Skill Development Corporation India (NSDC) was setup as a one of its kind, Public Private Partnership Company with the primary mandate of catalysing the skills landscape in India.
NSDC operates through partnerships with multiple stakeholders in catalysing and evolving the skilling ecosystem.
NSDC is a unique model created with a well thought through underlying philosophy based on the following pillars:
1. Create: Proactively catalyse creation of large, quality vocational training institutions.
2. Fund: Reduce risk by providing patient capital. Including grants and equity.
3. Enable: the creation and sustainability of support systems required for skill development. This includes the Industry led Sector Skill Councils.
The main objectives of the NSDC are to:
1. Upgrade skills to international standards through significant industry involvement and develop necessary frameworks for standards, curriculum and quality assurance
2. Enhance, support and coordinate private sector initiatives for skill development through appropriate Public-Private Partnership (PPP) models; strive for significant operational and financial involvement from the private sector
3. Play the role of a "market-maker" by bringing financing, particularly in sectors where market mechanisms are ineffective or missing
4. Prioritize initiatives that can have a multiplier or catalytic effect as opposed to one-off impact.
Ref http://www.nsdcindia.org/faqs

MGNREGA Scheme

MGNREGA ( Mahatma Gandhi National rural employment guarantee act) is designed to provide job guarantee for at least 100 days in rural parts of the country.  Through this scheme , all the adult members ( at least 18 years of age) of the any family in rural part of the country are given non-skilled work. Another aim of MGNREGA is to create durable assets (such as roads, canals, ponds, wells). Employment is to be provided within 5 km of an applicant's residence, and minimum wages are to be paid.

The MGNREGA Act was notified in 200 district in the first phase with effect from 2 february 2006 and then extended to an additional 130 district in 2007-08. The act has been notified throughout the country with effect from 1 april,2008.  The statute is hailed by the government as "the largest and most ambitious social security and public works programme in the world". World Development Report 2014 has described the Mahatma Gandhi National Rural Employment Guarantee Act as a "stellar example of rural development".  World Bank's annual report credits the government's flagship rural employment programme for not just unleashing a "revolution in rural India" but establishing a model of inclusive development.

Pandit Deendayal Upadhyay Shramev Jayate

Union government on 16 October 2014 launched Deendayal Upadhyay Shramev Jayate Karyakram. The scheme is aimed at creating conducive environment for industrial development and doing business with ease. Labours will be provided Unique Labour Identification number, Local Interconnect Network, to facilitate their online registration.
Unified Labour Portal (Shram Suvidha) and a Transparent & Accountable Labour Inspection Scheme to facilitate ease of compliance. It features Portability through Universal Account Number for Employees’ Provident Fund Account Holders and  Implementation of Revamped Rashtriya Swasthya Bima Yojana (RSBY) for the workers in the unorganized sector.

Financial Assistance for Skill Training of PWD

Financial Assistance for Skill Training of Persons with Disabilities (PWD)  Scheme aims at providing financial assistance for skill training for persons with disabilities.
As an endeavour to encourage women, 30% of the total intake of each training program shall be earmarked for women candidates. The scheme will operate through training institutions recognised by this Department as per the eligibility conditions contained in this scheme
Training Cost : An all inclusive training cost of Rs.5,000/- per trainee per month shall be provided for the entire duration of the training. For example, if a training program of three months duration is undertaken, the training cost payable would be Rs.15,000/- per trainee. Training cost of a part of the month will be calculated proportionately.
Stipend for trainees: The trainees will be entitled to a stipend of Rs.2000/- per month for hostellers and Rs.1000/- per month for non-hostellers.
Cost of Transport: The trainees will be entitled to a transport allowance of Rs.500/- per month for hostellers and Rs.1500/- per month for non-hostellers.

Deen Dayal Upadhyaya Antyodaya Yojana - DAY

The goverment on 25-September-2014  announced scheme for uplift of urban and rural poor through enhancement of livelihood opportunities through skill development and other means.  Rs.1,000 cr has been provisioned for urban poverty alleviation during 2014-15. Out of this, Rs.500 cr will be spent on skill development of over 5,00,000 urban poor. Shri M.Venkaiah Naidu (Minister of Housing & Urban Poverty Alleviation) said, for realizing the ‘Make in India’ objective, skill development is essential. He observed that “If India is to emerge as the manufacturing base to meet global needs, the only certain way is to empower every youth of the country with the necessary skills.

DAY will focus on:

1.Imparting skills with an expenditure of Rs.15,000 – Rs.18,000 on each urban poor;
2.Promotion of self-employment through setting up individual micro-enterprises and group enterprises with interest subsidy for individual projects costing Rs.2.00 lakhs and Rs.10.00 lakhs for group enterprises. Subsidized interest rate will be 7%;
3.Training urban poor to meet the huge demand from urban citizens by imparting market oriented skills through City Livelihood Centres. Each Centre would be given a capital grant of Rs.10.00 lakhs.
4.Enabling urban poor form Self-Help Groups for meeting financial and social needs with a support of Rs.10,000/- per each group who would in turn would be helped with bank linkages;
5. Development of vendor markets besides promotion of skills of vendors; and
6. Construction of permanent shelters for urban homeless and provision of other essential services.

Employees' Provident Fund Organisation

Employees' Provident Fund Organisation (EPFO),  is a statutory body of the Government of India under the Ministry of Labour and Employment. It administers a compulsory contributory Provident Fund Scheme, Pension Scheme and an Insurance Scheme. Employees' Provident Funds and Miscellaneous Provisions Act, 1952 came into effect on 4 March 1952. The organisation is administered by a Central Board of Trustees, composed of representatives of the Government of India, provincial governments, employers and employees.
It is one of the largest social security organisations in India in terms of the number of covered beneficiaries and the volume of financial transactions undertaken. On 1 October 2014, Prime Minister of India Narendra Modi launched universal account number for Employees covered by EPFO to enabled PF number portability.

National Pension System

National Pension System (NPS) is a defined-contribution pension system operated by the Government of India. In 2004, the Government of India decided to move from a defined-benefit pension system to a defined-contribution pension system. The scheme is structured in two tiers. A tier-1 account is a basic retirement pension account available to all citizens from 1 May 2009. It does not permit withdrawal of funds before retirement.
A tier-2 account is a Prospective payment system (PPS) account that permits some withdrawal of pension prior to retirement under exceptional circumstances, usually related to the provision of health care. NPS is open to all citizens of India between the ages of 18 and 60 on a voluntary basis. It is mandatory for central government employees appointed on or after 1 January 2004, except for members of the armed forces, to have a tier-1 NPS pension.


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