The Indian government has launched several schemes and programs to create employment opportunities and promote skill development across the country. These programs aim to benefit different categories of people, including entrepreneurs, unemployed youth, and women.
Here are some of the major schemes and programs available for job seekers in India:
1) Pradhan Mantri Rojgar Protsahan Yojana (PMRPY):
The PMRPY scheme aims to encourage employers to recruit new employees and facilitate job creation by providing subsidies on contributions made towards the Employee Provident Fund (EPF) and Employee Pension Scheme (EPS). Under the scheme, the government provides financial assistance to companies employing up to 1000 workers, and covering 12% of the employee’s EPF contribution. This scheme promotes the formalization of the workforce and creates more employment opportunities.
2) Pradhan Mantri Mudra Yojana (PMMY):
PMMY is a scheme that provides financial assistance to small business owners and entrepreneurs to set up or expand their businesses. This scheme offers loans ranging from Rs. 50,000 to Rs. 10 Lakh to entrepreneurs, especially women, belonging to the underprivileged sections of society. The scheme has played a vital role in promoting entrepreneurship and self-employment among the youth of the country.
3) Pradhan Mantri Kaushal Vikas Yojana (PMKVY):
PMKVY is a skill development program launched to promote job-oriented skill development and reduce the skill gap in the country. The program offers training in different sectors, including agriculture, healthcare, logistics, automotive, textiles, and tourism. PMKVY provides training to job seekers free of cost and aims to create a skilled workforce of over 40 crores by 2022.
4) Deen Dayal Antyodaya Yojana (DAY):
DAY is a poverty-alleviation program aimed at uplifting the rural and urban poor by providing them with employment opportunities. Under this scheme, the government offers financial assistance to self-help groups and small businesses for setting up micro-enterprises and other poverty-alleviation programs. The scheme also aims at promoting skill training among the poor to help them create more job opportunities.
5) National Career Service (NCS):
NCS is an online platform launched to provide employment-related services to job seekers and employers. The platform offers job matching services, career counseling, vocational guidance, and skill assessment. It also provides a directory of training providers, job providers, and employers, helping job seekers find suitable employment opportunities.
6) Stand-up India:
Stand-up India is a scheme launched to encourage entrepreneurship among women and members of the Scheduled Castes (SC) and Scheduled Tribes (ST). Under this scheme, the government provides bank loans ranging from Rs. 10 lakh to Rs. 1 crore for setting up new businesses. The scheme has been successful in promoting entrepreneurship and increasing the number of women entrepreneurs in the country.
In conclusion, the Indian government has launched several programs and schemes to promote employment and entrepreneurship among the country’s youth. By providing skill development programs, financial assistance, and other employment-related services, these schemes aim to create more employment opportunities, boost the country’s economy, and promote sustainable development.