WHAT IS THERE FOR THE YOUTH IN THE UNION BUDGET 2017
By: Jashandeep Singh Warraich, UILS, PU.
The budget comes up every year with high expectations of the people of what it would offer and does it succeed in meeting their needs and requirements. Though this time everyone was struck by the demonetization that came up and made a huge hue and cry in the country which according to some was awful and according to some it was a valuable step. This year on February 1 Arun Jaitley (Union Finance minister) along with his team came up with various promises which could lead to the growth of the economy in the coming year. There are various new policies and agendas that have been put up in the budget but let us focus on what it has for the youth. Key points to be focused are: 1. National Testing Agency for various entrance exams eliminating the burden on CBSE,AICTE and other bodies. The agency will conduct the entrance examination of the IITs , other engineering colleges and the UGC-NET and union Human Resource Minister Prakash Javadekar also said that a platform will be launched next month providing 2000 online courses. 2. INNOVATION Fund for the Secondary Education The emphasis will be laid on the scientific education that would be provided and flexibility in the curriculum to promote creativity through local innovative activities and content. It will ensure Universal Access, Gender parity and quality improvements. 3. UGC REFORMS The colleges will be identified based on accreditation and ranking, and given autonomous status. A revised framework will be put in place for outcome based accreditation and credit based programs. 4. Launch of SWAYAM platform with 350 online courses. This will enable students to: -virtually attend the courses taught by the best faculty -access high quality reading resources, participate in discussion forums -take tests and earn academic grades. Access to SWAYAM would be widened by linkage with DTH channels, dedicated to education. 5. Establishment of 100 Indian International Skill Centres (IISCs). These centres will offer advanced training and courses in foreign languages. This will help those who seek job opportunities outside the country. The launch of these centres will be a good step to make sure that all the labour going out of the country will be certified labour. 6. SANKALP-The 4000 Crore Rs. Scheme. SANKALP i.e. Skill Acquisition and Knowledge Awareness for Livelihood Promotion Programme was also launched as 4000 crore rs. Scheme which would provide market relevant training to 3.5 crore Youth of the nation strengthening the marketing scenario in the coming years. These are the key points that illustrate the present offerings in the union budget 2017 and lets hope that all these policies are successfully implemented and a lot has to come yet. The announcements in the Budget aim at creating an enabling ecosystem for financing social sector and channelizing private sector capital towards actualizing the much-needed change in Indias socio-economic development.