The objective of this scheme is to encourage skill development for youth by providing monetary rewards for successful completion of approved training programs.
Specifically , The scheme aims to:
Encourage standardization in the certification and initiate a process of creating a registry of skills.
Providing monetary awards for skill certification to boost employability and productivity of youth by incentivizing them for skill training
Rewards candidates undergoing skill training by authorized institutions an average monetary reward of Rs. 10,000 (Rupees Ten Thousand) per candidate.
Benefit 10 lakh youth at an approximate total cost of Rs. 1,000 Crores.