Karnataka Government Plans To Create 1 Crore Jobs In Next Five Years

Karnataka Chief Minister B S Yediyurappa announced on Thursday that a new programme named Mission Yuva Samruddhi will create 1 crore job opportunities in the state over the next five years.

For this, a task force has been formed, and its report is anticipated to be submitted soon, according to Yediyurappa.

Yediyurappa was speaking at the Department of Skill Development, Entrepreneurship, and Livelihood's World Youth Skill Day event.

Pilot projects will be implemented in eight districts across the state as part of Mission Yuva Samruddhi.

According to Yediyurappa, India had the world's second-largest human resource pool in the 18-35 age group. "The state has 2.21 crore people aged 16 to 35, and numerous projects have been launched to boost economic and social growth by skilling the youth to global standards," he said.

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Until August 21, which is World Entrepreneurship Day, the government will undertake month-long skill development programmes.

According to Yediyurappa, the government has signed a deal with Tata Technologies to revamp 150 state-run Industrial Training Institutes (ITIs) for Rs 4,636.50 crore. He stated, "Upgrading work on these ITIs is planned to be finished by September."

Under the National Rural Livelihood Mission, the government proposes to give Rs 400 crore to 1.93 lakh self-help groups as part of the Community Investment Fund. "So far, Rs. 149.03 crore has been distributed to 17,121 self-help groups," Yediyurappa added.

The government signed eight partnerships with renowned corporations to up-skill the youth at the event. "Starting courses relating to the automotive sector in chosen ITIs in the districts of Bengaluru, Ramanagara, and Tumakuru in partnership with Toyota Motors are included in the memorandums of understanding," stated Deputy Chief Minister Ashwath Narayan.

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Wipro, GE, Narayana Hrudayalaya, ELCIA, Aditya Birla Group, and Home Lane were among the companies that signed agreements. Narayan also said that 40 more Memorandums of Understanding will be signed in the future.

Between July 2019 till now, 57,833 people were given skills training and 7,876 were hired under the Chief Minister's Kaushalya Karnataka Yojana (CMKKY), according to Narayan. He stated that 16,375 people have been trained and 1,561 people have been hired through the Pradhan Mantri Kaushal Vikas Yojana (PMKVY).