Launch of 'Captive Employment' initiative under Deen Dayal Upadhyaya Kaushalya Yojana
Tags: Government Schemes National News
Union Minister for Rural Development Giriraj Singh initiates ‘Captive Employment’ initiative under Deen Dayal Upadhyaya Kaushalya Yojana (DDU-GKY) on 28 March.
An overview of the news
19 captive employers have been included in the unique initiative.
19 captive employers signed MoU with the Ministry of Rural Development to train and place over 31,000 rural youth in subsidiary companies under the DDU-GKY scheme.
Captive employers will train rural poor youth and provide employment to the trained youth in their company or subsidiary.
10 candidates being trained under the DDU-GKY program and undergoing on-the-job training were handed over the appointment letters during the event.
Two candidates were awarded with appreciation letters for their performance during their current tenure of employment.
About Captive Employment
It aims to create a dynamic and demand-driven skilling ecosystem that caters to the needs of industry partners ensuring sustainable placements for rural poor youth.
The initiative is an initiative for the DDU-GKY scheme, which assures placement after training the candidates for at least six months with a minimum CTC of Rs 10,000.
Captive Employer
A captive employer is any employer or industry which offers employment to candidates in its own company or its subsidiaries and provides suitable in-house training facilities.
Deen Dayal Upadhyaya Kaushalya Yojana
DDU-GKY is a placement linked skilling program of the Ministry of Rural Development under the aegis of National Rural Livelihoods Mission (NRLM).
It was launched on 25 September 2014.
It is funded by the Ministry of Rural Development (MoRG), Government of India.
The scheme is currently being implemented in 27 States and 4 Union Territories with emphasis on placement for rural poor youth.
Under this, demand based skill training is provided to rural poor youth in the age group of 15 to 35 years.
The upper age limit for female candidates is 45 years.
It is mandatory that one-third of the total candidates to be trained under this scheme should be women.
The emphasis is on career progression rather than just training.
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