Budget 2021: Focus on youth skilling for eco growth, job creation

at 7:56 pm

New Delhi (NVI): With focus on digitisation, job creation and youth skilling key for economic growth, Finance Minister Nirmala Sitharaman in her Budget proposals today announced that there will be a collaborative training and inter-training programme between India other countries like Japan and UAE  to facilitate the transfer of vocational and industrial skills, techniques and knowledge.

“An initiative is underway, in partnership with the United Arab Emirates (UAE), to benchmark skill qualifications, assessment, and certification, accompanied by the deployment of certified workforce. The Government also has a collaborative Training Inter Training Programme (TITP) between India and Japan to facilitate transfer of Japanese industrial and vocational skills, technique, and knowledge and the same would be taken forward with many more countries, the FM said in her speech.

The Finance Minister, in her Budget proposals, announced the National Research Foundation and added that the NRF outlay will be of Rs. 50,000 crore, over 5 years. “It will ensure that the overall research ecosystem of the country is strengthened with focus on identified national-priority thrust areas,” she said.

“Government will undertake a new initiative – National Language Translation Mission (NTLM). This will enable the wealth of governance-and-policy related knowledge on the Internet being made available in major Indian languages,” she said.

“The New Space India Limited (NSIL), a PSU under the Department of Space will execute the PSLV-CS51 launch, carrying the Amazonia Satellite from Brazil, along with a few smaller Indian satellites,” she added.

As part of the Gaganyaan mission activities, four Indian astronauts are being trained on Generic Space Flight aspects, in Russia. The first unmanned launch is slated for December 2021.