News: Government likely to frame a new law on right to skill

Skilling

Government likely to frame a new law on right to skill

The government could frame a new law to grant the youth the right to skill as well as impose a cess to fund its robust Skill India Mission if the recommendations of a high-level subgroup are accepted. A comprehensive report submitted recently recommends using funds from the education cess and half of corporate profits set aside for corporate social responsibility to create a non-lapsable pool of funds that could be used to provide vocational training to millions of youth over the next seven years. 

The government could frame a new law to grant the youth the right to skill as well as impose a cess to fund its robust Skill India Mission if the recommendations of a high-level subgroup are accepted. A comprehensive report submitted recently recommends using funds from the education cess and half of corporate profits set aside for corporate social responsibility to create a non-lapsable pool of funds that could be used to provide vocational training to millions of youth over the next seven years. 

Read Economic Times' report here
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Topics: Skilling, #National

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