Govt approves continuation, restructuring of Skill India programme with Rs 8,800 Cr outlay

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Govt approves continuation, restructuring of Skill India programme with Rs 8,800 Cr outlay - YourStory

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An official release said that the approval underscores the government's commitment to building a skilled, future-ready workforce by integrating demand-driven, technology-enabled, and industry-aligned training across the country.

To support both apprentices and establishments in India, 25% of the stipend, up to Rs 1,500 per month per apprentice, will be provided through direct benefit transfer during the training period, provided by the central government.

The Union Cabinet has approved the continuation and restructuring of the central sector 'Skill India Programme' till 2026 with an overlay outlay of Rs 8,800 crore.