A high-level panel is contemplating setting up a common fund pool for all skills related schemes and a decision to this effect could be made soon, skills development minister Mahendra Nath Pandey told ET in an interview.
“We are evaluating having a common fund for all skill development-related schemes,” he said, adding that a recently formed cabinet committee for skill development will be discussing this and “we will come to a consensus on what works best and how it should be regulated.”
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The government is of the view that it was important that all skill development programs being imparted in the country are aligned to common norms and have a common overall objective, which is to make youth employable and efficient.
Source: Economic Times
