Labour, Jobs and Employment – Harmonization of labour laws, gender gap, unemployment, etc.

States to get Rs7,000 crore for skill development I

  1. What: The Union government will disburse around Rs7,000 crore to states to help align them with the centre’s skill development agenda
  2. And also persuade them to create an ecosystem of entrepreneurship for youngsters
  3. How: The ministry is taking soft loan of $1 billion (nearly Rs 6,660 crore) from the World Bank for skill development initiatives
  4. Most of the amount will be disbursed to states

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