Pradhan Mantri Yuva Yojana is the best opportunity for youth who is able to create job opportunities for themselves & other ones also. You can see the Objectives, Benefits & Key Components of Pradhan Mantri YUVA Yojana
Pradhan Mantri YUVA Yojana( What is PMYY)
Pradhan Mantri YUVA Yojana is aiming to create an enabled ecosystem to develop the Entrepreneurship by educating & training youth. PM Yuva Project is promoting a social entrepreneurship development for the growth of the economy.
This project is implemented in collaboration with Wadhwani foundation of the California. The Wadhwani is the non-profit Public corp for 5 years of working.
The PM – YUVA Yojana is getting Entrepreneurship training to the 7 lakhs through 2200 colleges, 300 schools, 500 ITI’s 50 EDC. This project is expecting to create 30,000 startups for 5 years.
It is creating 2,60,000 jobs for youth. in this project, the government includes 8900 Educators & 10,180 mentors for entrepreneurship education & Training.
The Entrepreneurship And Coordination Hubs [E-Hubs] is a supportive network of the project. it is spread to all over India. 1 E-Hub at National Level, 5 Regional E-Hubs, & 50 Nodal E-Hubs are available to support this project. the colleges, Schools, ITI and EDC needs to registered for this project.
Objectives of The Scheme
The Indian government wants to develop the entrepreneurship in the region. this project is a Flagship scheme of the Indian Ministry. The Pradhan Mantri Yuva Yojana has completed the project goal till 2021. The Project admin get the way to complete this through Entrepreneurship Education & Traning.
If any Young person wants to establish their own enterprise then under this scheme they get training & guidance.
The Government is rewarding to students to get training and guidance under this scheme.
The Younger one is get training under this scheme they can employ their own self and also get employment to the other unemployed people.
Benefit Under Pradhan Mantri YUVA Yojana
The First Benefit is this scheme is removing unemployment form the country. there is in our country biggest problem is unemployment. it creating a lower growth in country’s economy. under this scheme, the government aims to get employment to the people. they creating more employment in the country. it is creating growth in the country.
Under this scheme, the government is starting new scheme named Start Up India. it is getting the best opportunity for the unemployed people to start their own enterprise. the government is providing a financial assistance to establish a new enterprise.
Key Components of Pradhan Mantri YUVA Yojana
Here, I list out the Pradhan Mantri YUVA Yojana key components.
EntrepreneurShip Mart Facility – This component is delivered training fundamental through Massive Open Online Courses. It is providing a facility with in-class training & practical training (such as Applications, Mock business training, INternships etc.) by faculty.
Creating The Best Mentors – Under this scheme, there is creating a high-quality mentors team for the student who is getting training under this scheme. it is supervised their leverage to existing & new local entrepreneurs.
Social Entrepreneurship – Under this scheme there is a course available for social entrepreneurship in colleges & training institute. The Social Entrepreneurship Development Programmes is offering at the vocational training centre.