Arunachal Pradesh Chief Minsietr Pema Khandu on Sunday announced the setting up of a Skill University, three employ-ability centres and para-medical training college on a PPP framework, to provide employment opportunities outside the government space.
“The biggest challenge facing the youth of Arunachal today is the dearth of adequate and gainful employment opportunities outside the government space,” Khandu informed President Ram Nath Kovind at valedictory function of the 40 years celebrations of Vivekananda Kendra in Arunachal Pradesh.
“There exists a vicious cycle of limited private investment coupled with low levels of entrepreneurship and a narrow skill base. This must be broken. We have taken a decision to establish a Skill University, three employ-ability centres and para-medical training college on a PPP framework,” Khandu said.
Creating an eco-system which encourages entrepreneurship amongst local youth remains a key objective. In order to encourage local entrepreneurship, we have launched Pt. Deen Dayal Upadhayaya Swavalamban Yojana, Khandu informed.
The chief minister also informed that a back ended 30% Capital investment subsidy is being provided for small and medium enterprises on loans ranging from Rs 10 lakh to Rs 1 crores. Women entrepreneurs will be additionally eligible for obtaining an interest subsidy of 5% on loans.
He said the government also focused on to properly channelise the youth by promoting and facilitating games and sports. The chief minister said his government had accorded special emphasis in improving the quality of education imparted in schools.