Pradhan Mantri Yuva Udyamita Vikas Abhiyaan (PM YUVA) Yojana

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News:Minister of State for Skill Developement has informed Lok Sabha about the Pradhan Mantri Yuva Udyamita Vikas Abhiyaan (PM YUVA) Yojana.

Facts:

About PM YUVA:

  • Pradhan Mantri YUVA Yojana (Yuva Udyamita Vikas Abhiyan) is a centrally sponsored Scheme launched in 2016.
  • The scheme is implemented by the Ministry of Skills Development and Entrepreneurship, Government of India.
  • The aim of the scheme is to create an enabling ecosystem by 2021 for entrepreneurship development through entrepreneurship education & training, advocacy, and easy access to entrepreneurship network.

Objectives of PM-YUVA:PM-YUVA Yojana has four specific objectives

  • Educate and equip potential and early stage entrepreneurs
  • Connect entrepreneurs in enabling networks of peers, mentors, incubators, funding and business services
  • Coordinate and support entrepreneurs through Entrepreneurship Hubs(E-Hubs)
  • Catalyze a culture shift to support aspiring entrepreneurs.

Beneficiaries of the scheme:The target beneficiaries of the scheme are categorized as follows:

  • Traditional students enrolled in degree programme across undergraduate/ postgraduate courses/ PhD programme/ Diploma
  • School Students
  • Students in Industrial Training Institutes (ITIs)
  • All citizens including unorganized sector, women, and existing entrepreneurs in rural as well as urban areas, who would like to take up entrepreneurship education through coordination and support programmes.