Pradhan Mantri Yuva Udyamita Vikas Abhiyaan (PM YUVA) Yojana

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.