Minister of Skill Development and Entrepreneurship urged banks to accept Skill Certification for advancing loans to skilled people

Minister of Skill Development and Entrepreneurship Shri Rajiv Pratap Rudy in his inaugural address at the National Conference on Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) organized in the national capital,  stressed the need of cooperation from the banks to trust the skilled people and enhance credit flow to the individuals for self- employment under the Mission.

Shri Rajiv Pratap Rudy said that an integrated eco-system is being put in place for skilling of 30 crore people while 24 ministries were involved in handling 70 skill development programmes. He expressed concern over skills not being given due recognition as a result of which in our country there are no Professors of Carpentry or Plumbing. Referring to what he called the paradox of people with 15 years of formal education and not finding jobs being promised jobs after a 15 week training, Shri Rudy said this needs to be resolved with proper course content and certification. He urged the banks to accept skill certification issued by approved agencies for advancing loans to skilled people.

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