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51% of youths imparted skills training are employed: Mahendra Nath Pandey

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Skills development ministry has imparted skills training to 52 lakh youth of which average 51% have got employed post skilling, skills development minister Mahendra Nath Pandey said on Thursday.

Pandey was speaking the curtain raiser ceremony for the upcoming National Entrepreneurship Awards of the ministry. Skills development ministry has invited registrations for the fourth edition of the National Entrepreneurship Awards to be given on November 9, to honour outstanding young first generation entrepreneurs and ecosystem builders for their exceptional contribution in entrepreneurship development in the country.

The idea is to reward the most innovative, inspiring and accomplished micro entrepreneurs to scale up their business. The objective of these awards is to recognize the businesses and businessmen, not only to improve their marketability, but also address discontinuity towards better business systems and enhanced products and services.

There will be total 45 specially designed awards. Out of this 39 will be enterprise awards and 6 awards for entrepreneurship ecosystem builders. To be eligible for these awards, the nominee must be under the age of 40 years; they must be first-generation entrepreneurs; the nominee (entrepreneur) must hold 51% or more equity and ownership of the business; and women entrants must individually or collectively own 75% or more of the enterprise.

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