Cabinet approves Extension of time period of Udaan

• The Cabinet Committee on Economic Affairs has approved the proposal of the Ministry of Home Affairs for extension of time period of the Scheme "Special Industry Initiative for J&K" (Sll J&K)- Udaan till 31st December, 2018 . Initially the time period of Udaan was upto 2016-17.

About Udaan:

• Udaan is a Special Industry Initiative for Jammu & Kashmir in the nature of partnership between the corporates of India and Ministry of Home Affairs and implemented by National Skill Development Corporation.
• The programme aims to provide skills training and enhance the employability of unemployed youth of J&K. The Scheme covers graduates, post graduates and three year engineering diploma holders.

It has two objectives:

• To provide an exposure to the unemployed graduates to the best of Corporate India;
• To provide Corporate India, an exposure to the rich talent pool available in the State.

Analysis:

• Udaan provides exposure to the youth of J&K to the best of corporate India and corporate India to the rich talent pool available in the State. S
• o far, 109 leading Corporate have partnered with National Skill Development Corporation (NSDC) under UDAAN with a commitment to train youth from the State covering Organized Retail, Banking, Financial Services, IT, ITES, Infrastructure, Hospitality etc. So far, 34,587 candidates have been selected of whom 31,903 candidates have joined, 22,237 candidates have completed the training, 7,649 are undergoing training and 14,694 have been offered jobs.
• In spite of four months of unrest, the scheme has gained a good momentum and pace of implementation has been the best during FY 2016-17 since its inception.
• More than 12,000 candidates had joined training and nearly 10,000 candidates were offered jobs. 140 mega selection drives were held so far covering all districts of the State.

By: Vishal