Relevance

  • GS 3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.

 

Context

  • Recently, Ministry of Labour & Employment has launched DigiSaksham to enhance the employability of youth.

 

Key points

  • It is a joint initiative of Labour Ministry with Microsoft India.
  • DigiSaksham will help skill, up-skill and re-skill, and will keep employability skills in sync with technology up gradations.
  • It is a digital skills programme to enhance the employability of youth by imparting digital skills that are required in an increasingly technology driven era.
  • It is an extension of the Government’s ongoing programs to support the youth from rural and semi-urban areas.
  • It will be implemented in the field by Aga Khan Rural Support Programme India (AKRSP-I).

 

Emergency Credit Line Guarantee Scheme (ECLGS)

 

Features

  • Through DigiSaksham initiative, free of cost training in digital skills including basic skills as well as advance computing, will be provided to more than 3 lakh youths in the first year.
  • The Jobseekers can access the training through National Career Service (NCS) Portal (ncs.gov.in).
  • The initiative gives priority to the job-seekers of semi urban areas belonging to disadvantaged communities, including those who have lost their jobs due to Covid-19 pandemic.
  • Under the DigiSaksham initiative, there will be basically three types of training:
    • Self-paced learning,
    • VILT mode training (Virtual Instructor led) and
    • ILT mode training (Instructor led).
  • The ILT training which is in person training would be conducted at the Model Career Centres (MCCs) and National Career Service Centres (NCSC) for SCs/STs across the country.
  • Through this initiative, nearly one crore active jobseekers registered on NCS Portal will be able to access training in areas like Java Script, Data Visualisation, Advance Excel, Programming languages, Introduction to coding, etc, equipping them with the skills required in a digital economy.

 

 

Benefits

  • The initiative will help in bridging India’s digital divide.
  • It will place the country on the path to inclusive economic recovery.
  • It will prepare India’s talent to thrive in a digital future catering not only to the needs of the domestic economy but also to tap the overseas employment opportunities.

 

Insolvency and Bankruptcy Code (Amendment) Bill 2021

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