NSN
slider image
  • Home
  • Conversations
    • Industry Conversations
    • All Conversations
  • Perspectives
    • Education
      • Higher Education
      • School Education
    • Emerging Technologies
      • AI Skills and Education
    • Government Initiatives
    • Industry
    • Industrial Training Institutes (ITIs)
    • NEP 2020
    • Skill Training
  • News
    • Latest Updates
    • News Archives
    • CSR and ESG in Skill Education
    • Skill Development e-Magazine
    • NSN PDF Newsletter Archives
  • Videos
    • Explainers
    • Panel Discussions
    • Student Stories
    • Video Conversations
  • Resources
    • Apprenticeship
    • e-Books
    • Resources
    • Success Stories
  • Events
    • Workshops
  • About us
    • Our Team
    • Our Clients
    • Our Services
    • Privacy Policy
No Result
View All Result
NSN
  • Home
  • Conversations
    • Industry Conversations
    • All Conversations
  • Perspectives
    • Education
      • Higher Education
      • School Education
    • Emerging Technologies
      • AI Skills and Education
    • Government Initiatives
    • Industry
    • Industrial Training Institutes (ITIs)
    • NEP 2020
    • Skill Training
  • News
    • Latest Updates
    • News Archives
    • Skill Development e-Magazine
    • NSN PDF Newsletter Archives
  • Resources
    • Apprenticeship
    • E-books
    • Resources
    • Success Stories
  • Events
    • Workshops
  • About us
    • Our Team
    • Our Clients
    • Our Services
    • Privacy Policy
NSN
No Result
View All Result
Home Perspectives Government Initiatives

Budget 2017: Highlights for skill development and job creation

nsnadmin by nsnadmin
February 15, 2017
Reading Time: 3 mins read
A A
0

In this guest article, Dilip Chenoy, Former MD & CEO, NSDC presents the highlights of Budget 2017 for skill development, livelihood enablement and employment generation. Let’s read on to know more about what the announcements and allocations mean to various initiatives, schemes and stakeholders in skill development and vocational training space in India.

The budget allocation for Ministry of Skill Development and Entrepreneurship for 2017-18 is Rs 3016 crores as against a budget estimate for 2016-17 of Rs. 1804 crores.  The revised estimate for 2016-17 is Rs 2173 crores. The total budgeted expenditure for Employment Generation, Skill and Livelihood in Budget 2017 is Rs. 17273 crore.

Budget 2017 HighlightsKey announcements related to skill development

  1. The allocations for Deendayal Antyodaya Yojana- National Rural Livelihood Mission for promotion of skill development and livelihood opportunities for people in rural areas to 4,500 in 2017-18. The allocation for Prime Minister’s Employment Generation Programme (PMEGP) and credit support schemes has been increased more than 3 times.
  2. For imparting new skills to the people in the rural areas, mason training will be provided to 5 lakh persons by 2022, with an immediate target of training at least 20,000 persons by 2017-18.
  3. Pradhan Mantri Kaushal Kendras (PMKK) have already been promoted in more than 60 districts. We now propose to extend these Kendras to more than 600 districts across the country.
  4. 100 India International Skills Centres will be established across the country. These Centres would offer advanced training and also courses in foreign languages. This will help those of our youth who seek job opportunities outside the country.
  5. Decided to take steps to create additional 5,000 Post Graduate seats per annum. In addition, steps will be taken to roll out DNB courses in big District Hospitals; strengthen PG teaching in select ESI and Municipal Corporation Hospitals; and encourage reputed Private Hospitals to start DNB courses
  6. Two new All India Institutes of Medical Sciences will be set up in the States of Jharkhand and Gujarat
  7. By the end of 2017-18, high speed broadband connectivity on optical fibre will be available in more than 1,50,000 gram panchayats, with wifi hot spots and access to digital services at low tariffs. A DigiGaon initiative will be launched to provide tele-medicine, education and skills through digital technology.

Proposal to launch SANKALP and STRIVE

  1. In 2017-18, we also propose to launch the Skill Acquisition and Knowledge Awareness for Livelihood Promotion programme (SANKALP) at a cost of ` 4,000 crores. SANKALP will provide market relevant training to 3.5 crore youth.
  2. The next phase of Skill Strengthening for Industrial Value Enhancement (STRIVE) will also be launched in 2017-18 at a cost of ` 2,200 crores. STRIVE will focus on improving the quality and market relevance of vocational training provided in ITIs and strengthen the apprenticeship programmes through industry cluster approach.

The job creation elements in Budget 2017 among others were:

  1. The coverage of National Agricultural Market (e-NAM) will be expanded from the current 250 markets to 585 APMCs.
  2. A Dairy Processing and Infrastructure Development Fund would be set up in NABARD with a corpus of Rs 2,000 crores to be increased to Rs 8000 crore over 3 years.
  3. Rs 19000 crore for Pradhan Mantri Gram Sadak Yojana
  4. Rs 23,000 crores allocation for Pradhan Mantri Awaas Yojana – Gramin
  5. Specific steps to increase low cost housing
  6. 100% village electrification by May 1 2018.
  7. Increased allocations for Rural Roads and Roads Sector
  8. Solar energy additional 20,000 MW Solar parks
  9. Special package for leather and footwear sector.
  10. 5 special tourism zones would be set up.
  11. Legislative reforms will be undertaken to simplify, rationalise and amalgamate the existing labour laws into 4 Codes on (i) wages; (ii) industrial relations; (iii) social security and welfare; and (iv) safety and working conditions. The Model Shops and Establishment Bill 2016 has been circulated to all States for consideration and adoption. This would open up additional avenues for employment of women.
  12. A new Metro Rail Policy will be announced with focus on innovative models of implementation and financing, as well as standardisation and indigenisation of hardware and software.
  13. A specific programme for development of multi-modal logistics parks, together with multi modal transport facilities, will be drawn up and implemented.
  14. Creating an ecosystem to make India a global hub for electronics manufacturing. Increased the allocation for incentive schemes like M-SIPS and EDF to ` 745 crores in 2017-18.

Clearly, the opportunity to meet sectoral need in the skills space would increase for construction; infrastructure related sectors; telecom, electronics, IT including digital literacy and Telecom; solar energy; textiles; leather ( when the policy is implemented); tourism; logistics; cyber security among others.

RelatedPosts

TVET and Skills @BRICS 2026: Flagship Initiatives from Member Countries

The BRICS Skills Challenge: 50 Questions the New Delhi Declaration Raises

PM Internship Scheme 2026: Key Updates, Stipend Increase and Application Process

Tags: Budget 2017 for skill developmentBudget 2017 HighlightsBudget 2017 Skill DevelopmentDilip Chenoy on Skill Development Budget 2017Employment generationjob creation budgetNRLM - Ajeevika skillsPradhan Mantri Gram Sadak YojanaSANKALPSector Skill Councils BudgetSTRIVE
ShareTweetShareSummarizeSummarize
WhatsApp Join our WhatsApp channel for more updates:
WhatsApp Join Now!
YouTube Subscribe to our YouTube channel for more updates:
YouTube Subscribe Now!
Previous Post

Training Effectiveness Toolkit – Part 1

Next Post

Airbus Signs MoU with NSDC to set up Centre of Excellence in Aerospace Skill Development

nsnadmin

nsnadmin

Next Post
Airbus NSDC MoU

Airbus Signs MoU with NSDC to set up Centre of Excellence in Aerospace Skill Development

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result
samplead3 samplead1

Subscribe to our e-Magazine

Trending Topics

skilling in India (131) skill development (130) National Skill Development Corporation - NSDC (127) skill development news India (125) vocational education (104) Ministry of Skill Development and Entrepreneurship MSDE (102) Apprenticeships (101) skill development news (82) NEP 2020 (80) Skill India (71)

Follow us

  • Recent developments in skills and education across IndiaAcross states, new initiatives are opening up opportunities for technical training, digital learning and industry-aligned education.Partnerships between governments, educational institutions and industry are also helping address emerging skill requirements and strengthen pathways to employment.Click here to read the latest updates:
https://nationalskillsnetwork.in/newsbytes-skill-education-13-oct-2026/Have a skill development initiative to share from your state?Connect with NSN.Subscribe to stay informed about developments in India’s skilling ecosystem.#skills #employability #education #vocational #tvet #government #industry
  • Employability Interaction with CTS Students at NSTI-W HyderabadTechnical training gives students the foundation for a career. But employability also depends on how well they communicate, collaborate, solve problems, adapt to change and apply what they learn. At NSTI-W Hyderabad, CTS students get opportunities to develop these capabilities alongside their technical training.Team NSN visited NSTI Women, Hyderabad, to interact with CTS students and faculty and understand their learning experiences across different trades.The visit offered a glimpse into the practical nature of training at the institute. Students across areas such as Cosmetology, Architectural Draughtsman, Fashion Design Technology and AI & IoT were engaged in hands-on learning and working on projects connected to their respective trades.Read more: https://nationalskillsnetwork.in/nsti-w-hyderabad-cts-employability/#employability #CTS #NSTIW #employabilityskills #skilldevelopment
  • What makes skills training accessible, learning meaningful and young people ready for work?The latest edition of NSN Insights explores these questions through stories on skill finance, Mahatma Gandhi’s ideas on work-integrated education and employability interactions with CTS students at NSTI-W Hyderabad.Also, discover how India performed at WorldSkills Shanghai 2026 and take our special quiz on Gandhian concepts of education and crafts.Read the latest edition of NSN Insights: https://sendy.nationalskillsnetwork.in//w/m4P3Ti9xEB04slQJ6q892Q5A#SkillDevelopment #Employability #VocationalEducation #WorldSkills2026
  • What’s happening across India’s skills and education ecosystem?This week’s updates cover ITI modernisation, industry partnerships, international skill collaborations, emerging technologies and workforce readiness.NSN is organising a webinar on “How Can We Build Employability Into Everyday Teaching and Training?” on 15th October, exploring practical ways educators and trainers can integrate employability into everyday teaching and training.Explore this week’s updates - https://nationalskillsnetwork.in/newsbytes-skill-education-6-oct-2026/#skilldevelopment #CSR #employability #education #ITIupgradation
  • India secured 10th position at WorldSkills Shanghai 2026, with 6 Silver Medals and 20 Medals for Excellence.With its largest-ever contingent of 70 competitors across 63 skills, Team India showcased talent across advanced technologies, manufacturing, engineering, creative industries and specialised services.India also debuted in 11 new and emerging skill categories, reflecting the changing nature of skills and occupations.Read the full article to know more: https://nationalskillsnetwork.in/worldskills-shanghai-2026-india-ranks-10/#WorldSkills2026 #WorldSkillsShanghai #SkillDevelopment #Skills #SkillIndia
  • From Screens to Skills | Ideas from Mahatma GandhiOn the occasion of Gandhi Jayanti, we explore how Mahatma Gandhi
  • What’s shaping India’s skills and education ecosystem this week?India ranks 10th at WorldSkills Shanghai 2026, while rural youth are set to begin skill training under DDU-GKY 2.0. Karnataka has also introduced AI as an NSQF-aligned vocational subject for Classes 9 and 10.The latest updates also cover ITI upgradation, semiconductor and emerging technology skills, industry partnerships, and an FICSI RFP for impact assessment of food processing skill development projects.Explore this week’s updates here: https://nationalskillsnetwork.in/newsbytes-skill-education-29-sept-2026/#skilldevelopment #education #CSR #WorldSkillsShanghai2026 #RFP
  • Exciting internship opportunities at NSN! Apply now#internship #applynow #hyderabad
  • How can skill finance make job-oriented training more accessible?Skill finance can help bridge the gap between training, financing and employment by making job-oriented programs more accessible to learners who may find it difficult to pay upfront.In a recent conversation, Dr. Madhuri Dubey, Ph.D, Founder-Director, National Skills Network, speaks with Ms. CA Vinita Jain, Founder & CEO, Lakshya Skill Finance, about job-linked financing, AI-enabled underwriting, the role of training institutions, and the need for a more sustainable skilling ecosystem.Watch the conversation to learn more: https://youtu.be/YMgS95NMtkY?si=Pb4wWemMfaSVvt-o#SkillFinance #SkillDevelopment #SkillIndia #SkillsForJobs #YouthEmployability #FutureOfWork

About us

National Skills Network (NSN) is a consulting organisation based in Hyderabad, India, contributing to India’s education, skills and workforce development ecosystem through advocacy, research, knowledge management and policy implementation.

To know more about Our Team: Click here

Address

NSN Digital Solutions Pvt. Ltd.
CIN: U74999TG2020PTC147299
MSME: UDYAM-TS-09-0086473
Gachibowli, Hyderabad – 500032

Email us: contact@nationalskillsnetwork.com

Important Links

  • Conversations
  • Perspectives
  • News
  • Skill Development e-Magazine
  • Resources
  • Our Team
  • Our Clients
  • Partner with us
  • About us
  • Advertise with us
  • Content Disclaimer
  • Privacy Policy

© 2026 National Skills Network Content licensed under CC BY-ND 4.0. Commercial use requires permission.

loader
No Result
View All Result
  • Home
  • Conversations
    • Industry Conversations
    • All Conversations
  • Perspectives
    • Education
      • Higher Education
      • School Education
    • Emerging Technologies
      • AI Skills and Education
    • Government Initiatives
    • Industry
    • Industrial Training Institutes (ITIs)
    • NEP 2020
    • Skill Training
  • News
    • Latest Updates
    • News Archives
    • CSR and ESG in Skill Education
    • Skill Development e-Magazine
    • NSN PDF Newsletter Archives
  • Videos
    • Explainers
    • Panel Discussions
    • Student Stories
    • Video Conversations
  • Resources
    • Apprenticeship
    • e-Books
    • Resources
    • Success Stories
  • Events
    • Workshops
  • About us
    • Our Team
    • Our Clients
    • Our Services
    • Privacy Policy

© 2026 National Skills Network Content licensed under CC BY-ND 4.0. Commercial use requires permission.

    Team NSN

    TeamNSN

    Hey, how can I help you today?

    Click to start chat