ISLAMABAD: The federal government will spend Rs 315 million on different skill development projects and programmes during financial year 2016-17.
The initiative would help create skilled and sami-skilled workforce in order to tackle the need of the local industrial and other sectors of the national economy, said an official of the Ministry of Planning Development and Reforms.
Under the Prime Minister Youth Training scheme, about 150,000 educated unemployed youth would be trained as the government has allocated Rs 23 billion for the project, he added. He said, the educated youth would be trained as on job internees in 100 demand-driven trades and courses and give the intern an opportunity to learn and develop skills for better employment. Under the Prime Minister Youth Skill Development Programme (Phase III) another 50,000 young aspirants would be trained in 75 demand-driven market oriented trades.
The courses, he said, in various technical and vocational education training (TVET) institutions in collaboration with private sector all over the country would also be organized with an estimated cost of Rs 2,630 million.
The Prime Minister Hunarmand Pakistan Programme (PSDP-funded) aims to train 10,000 youth in various three to 24-month long trades and courses.
Besides, he said, the national talent pool has planned to develop web portal and interface for collection and dissemination of data of the high-level manpower in the country and abroad. It would also make arrangement of visits of expatriate Pakistani professionals for short to long-term placement in various institutions of the country.
The government was also planning for the establishment of the vocational schools in the public-private partnership at an estimated cost of Rs 50 million. It is worth mentioning here that overseas employment during last three years witnessed a significant increase and during this period, about 2.3 million Pakistani workers went abroad for seeking jobs.
In the year 2012-13, about 622,714 workers went abroad while in 2014-15, about 946,571 workers emigrated which were contributing in economic building in terms of foreign remittances.
