The Madhya Pradesh Chief Minister Kamal Nath has announced new schemes for youth to provide employment. The scheme is called as Yuva Swabhiman Yojana (YSY) MP. A stipend of Rs. 13,000, skills trainings along with 100 days employment will be provided every year to the urban EWS youth.
The primary objective is to ensure employment & to provide skills trainings to the state youth. The scheme is applicable only to the youth from the economically weaker sections (EWS) of the society living in the urban areas.
|Scheme:||Yuva Swabhiman Yojana (YSY)|
|Beneficiaries:||Youth from poor families living in cities|
|Benefits:||Yearly stipend of Rs. 13,000, skills trainings & employment|
|Announced By:||CM Kamal Nath|
Unemployed youth in the rural areas already get guaranteed employment of 100 days every year under Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA). There was no such scheme or assistance for Urban poor & unemployed. The YSY is the similar scheme in the urban areas.
Yuva Swabhiman Yojana (YSY) Benefits:
- Rs. 13,000 stipend every year
- 10 days of skills trainings to youth in the areas of their choice
- 100 days employment guarantee every year
- Applicable only in cities of Madhya Pradesh
- Unemployed youth can apply
- Youth from the economically weaker sections (EWS) families
- Income Limit: All those whose family income is less than Rs. 2 lakh/year only are eligible
- Age Limit: Applicant must be in the age group of 21 to 30 years
The Yuva Swabhiman Yojana (YSY) was announced by the CM during the republic day celebration. It will cost Rs. 800 crores to the state government. Unemployment is one of the biggest problem all the states are facing apart from the agrarian crises. MP government is working on the industrial policy to create more jobs in the state. The important change in the policy by the state government is the industries will get government incentives only it they employ more than 70% of the people from the MP. The new policy is expected to create more employment for the local youth in the state.