Karnataka Govt Launches Guaranteed Employment Scheme With Rs 300 Crore Budget


Mohul Ghosh

Mohul Ghosh

Sep 13, 2024


The Karnataka government has recently launched a forward-thinking initiative, Nipuna Karnataka, aimed at equipping the state’s youth with the skills needed to thrive in today’s job market. Approved by the Cabinet, this ambitious skilling program comes with a total budget of ₹300 crore, designed to guarantee employment opportunities through industry-aligned training programs and public-private partnerships.

Karnataka Govt Launches Guaranteed Employment Scheme With Rs 300 Crore Budget

Key Highlights of the Nipuna Karnataka Initiative

  1. Total Budget and Funding The Nipuna Karnataka initiative has a ₹300 crore budget, with ₹100 crore allocated by the Karnataka government. The remaining funds are expected to be contributed by corporate giants, primarily through their Corporate Social Responsibility (CSR) budgets. Major companies like TCS, Infosys, Wipro, Bosch Global, Tata Technologies, and Capgemini are key contributors, emphasizing the public-private collaboration central to this initiative.
  2. Focus on Industry-Relevant Skills The program aims to provide training in emerging technologies that are shaping the future of work. Fields such as cybersecurity, cloud computing, artificial intelligence, and other IT sectors will be prioritized. By aligning training with industry demands, the program seeks to ensure that graduates are job-ready and equipped with cutting-edge skills that employers are actively seeking.
  3. Employment Guarantee A primary goal of Nipuna Karnataka is to create a structured pathway to guaranteed employment. With backing from industry leaders, the initiative ensures that trained individuals have real job opportunities awaiting them upon completion. This is crucial in enhancing Karnataka’s position as a global IT hub, while addressing unemployment and underemployment issues in the state.
  4. Inclusive Target Audience The program is designed to target both young job seekers and women re-entering the workforce, especially after maternity breaks. This inclusive approach ensures that women who’ve taken career breaks can seamlessly re-skill and transition back into the workforce, enhancing gender diversity and workforce participation.
  5. Training Availability Training programs will be available in cities and district centers to ensure accessibility across Karnataka. While the mode of delivery (online or offline) is still under discussion, the program’s reach is designed to be wide, covering various urban and rural areas.
  6. Addressing Local Quota Concerns The Nipuna Karnataka scheme also addresses concerns raised by the controversial local quota proposal in the private sector. By focusing on skilling and employment generation through industry partnerships, it offers a more sustainable solution that benefits both businesses and the local workforce.

Conclusion

The Nipuna Karnataka initiative is a game-changing effort to bolster employment through targeted skill development. With substantial corporate backing, a focus on emerging technologies, and a commitment to inclusivity, it promises to make Karnataka a leader in workforce readiness and IT excellence.


Mohul Ghosh
Mohul Ghosh
  • 1397 Posts

Subscribe Now!

Get latest news and views related to startups, tech and business

You Might Also Like

Business
Dec. 8, 2022

Beat The Burden Of Medical Inflation With A Health Insurance

As disease rates rise and medical technology develops, treatment costs climb. It’s essential to understand that medical costs are not exclusively associated with hospitals. The cost of prescription drugs, diagnostic procedures, ambulance and operating room fees, consultations with doctors, and other costs are also constantly increasing. All of them could put a big strain on […]

Business
Dec. 8, 2022

3 Biggest Changes Of iOS 16.2 Update That Every iPhone User Should Know!

In its latest update Apple said that it is preparing for the iOS 16.2 update for iPhones across the world. Notably, like the previous release, there are a couple of changes coming for the iPhones.  iOS 16.2 Update Release Date So far, Apple has not announced a release date for iOS 16.2 update. Reportedly, the […]

Business
Dec. 8, 2022

300 Microsoft Employees Create Employee Union, First Time Ever: This Is How Microsoft Reacted

Around 300 workers at Microsoft Corp.’s ZeniMax Studios have commenced the process of forming a union which is said to be the first at the software giant in the US.  Here, Microsoft Corp.’s ZeniMax Studios known for popular video games including Skyrim and Fallout. Forming Union In Microsoft Corp Moreover, the quality assurance employees at […]

Business
Dec. 7, 2022

India Beats China In Air Travel Safety: Ranking Jumps From 102 To 48 In Global Aviation Safety

India’s air safety protocols and executions have improved drastically over the years, as validated by the findings of a specialized agency of the United Nations, the International Civil Aviation Organization or ICAO. The UN watchdog has upgraded India’s ranking in terms of aviation safety to the 48th position, jumping past the rankings of countries like […]

Recent Posts

Related Videos

   

Subscribe Now!

Get latest news and views related to startups, tech and business

who's online