Introduction of Young India Skills University Bill 2024:
The Telangana Assembly passed ‘The Young India Skills University (Public Private Partnership) Bill 2024’ on Thursday, marking a significant step towards enhancing the skill sets of the youth in the state. This initiative aims to prepare them for the global job market, where rapid technological advancements are creating new opportunities and demands for highly skilled professionals.
Focus on Job-Ready Skills
Telangana Chief Minister A. Revanth Reddy emphasized the government’s commitment to equipping youth with the skills needed to thrive in the competitive job market. The establishment of the ‘Young India Skills University‘ in a public-private partnership mode is a testament to this commitment. The university will offer over 15 specialized courses across various sectors, including:
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Courses Offered at Young India Skills University
| No. | Course |
|---|---|
| 1 | Healthcare |
| 2 | Pharmaceuticals & Life Sciences |
| 3 | Artificial Intelligence & Information Sciences |
| 4 | BFSI (Banking, Financial Services, and Insurance) |
| 5 | Tourism & Hospitality |
| 6 | Construction & Interior Design |
| 7 | Advanced Manufacturing |
| 8 | Retail Operations |
| 9 | Renewable Energy |
| 10 | Media, Gaming & Films |
| 11 | Digital Designs |
These courses are designed to align with emerging industry demands, ensuring that graduates possess the necessary skills to succeed in their chosen fields. The university will confer diploma and degree certificates that hold significant recognition, enhancing the employability of its graduates.
Fee Reimbursement for Underprivileged Communities
Addressing the issue of education affordability, the government has announced fee reimbursement for SC/ST/BC/Minority communities as needed. To support this initiative, ₹100 crore has been allocated, ensuring that financial constraints do not hinder access to quality education for underprivileged students.
Interim Training at ESCI:
While the university’s permanent campus is being developed, the Engineering Staff College of India (ESCI) will be utilized for the current academic year. Six courses will be offered initially, with an intake of 2,000 students. The government is forging partnerships with major industry players to provide comprehensive training and secure job placements for students. Examples include:
Industry Partnerships and Training Sectors:
| Organization | Training Sector |
|---|---|
| Dr. Reddy’s Laboratories | Pharma and Life Sciences |
| SBI | BFSI (Banking, Financial Services, and Insurance) |
| The Retail Traders Association of India | Retail Operations |
| The Telangana VFX Association | Media and Digital Design |
Expert Involvement and District-Level Expansion
An industry leader will be appointed as the chairman of the university, and sector experts will be engaged to train the youth. The training facilities will not be limited to the state capital but will be expanded to district levels, making education and training more accessible across Telangana.
Addressing Employment Needs:
Industries Minister D. Sridhar Babu highlighted the government’s proactive approach to creating job opportunities. Despite plans to recruit for two lakh posts, over 20 lakh youth still require gainful employment. The partnership with the private sector aims to tap into employment potential through targeted skill development, addressing the mismatch between job market demands and the skills of the workforce.
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Practical Training and Internships:
The courses at the university will incorporate a 50% practical component, including internships with industry partners. This hands-on approach ensures that students gain valuable experience and are better prepared to meet the practical demands of their future jobs.
Scaling Up Intake and Future Plans:
The initial intake of 2,000 students will be scaled up to 10,000 next year. Besides the ESCI campus, the National Academy of Construction will also be affiliated with the university for conducting training programs. The Chief Minister performed Bhumi Puja for the new campus at Mucherla near the state capital, symbolizing the commencement of construction.
This initiative is poised to attract more investments to the state by providing a skilled workforce, creating a win-win situation for both the youth and the industry. The establishment of Young India Skills University marks a transformative step in bridging the gap between education and employment, ensuring that the youth of Telangana are well-prepared to seize emerging opportunities in the global job market.
Financial Overview for Telangana Skills University:
| Parameter | Value |
|---|---|
| Annual Cost per Student | ₹1.25 lakh |
| Estimated Revenue from Fees (3 years) | ₹170 crore |
| Average Course Fee | ₹50,000 |
| Total Remaining Funding Requirement | ₹169 crore |
| Funding Sources | Private and State funding |
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Conclusion:
The establishment of Young India Skills University in Telangana represents a monumental stride towards empowering the youth with the skills necessary to excel in a rapidly evolving job market. By offering over 15 specialized courses in a variety of sectors, the university aims to bridge the gap between education and employment. With strong industry partnerships, practical training components, and a commitment to inclusivity through fee reimbursement programs, the initiative promises to create a win-win scenario for both the workforce and the economy of Telangana. The comprehensive approach ensures that the youth are not only job-ready but also equipped to drive future innovations and growth.
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Frequently Asked Questions:
Over 15 courses in sectors like Healthcare, AI & Information Sciences, BFSI, Tourism & Hospitality, and more.
SC/ST/BC/Minority communities will benefit, ensuring access to education for underprivileged students.
Initial training will be at the Engineering Staff College of India (ESCI) with an intake of 2,000 students.
Courses include a 50% practical component with internships to provide hands-on experience.
The university aims to scale up to 10,000 students next year and expand to district levels.
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