Bengalur : Chief Minister B.S.Yediyurappa inaugurated the World Youth Skill Day organised by Skill Development, Entrepreneurship and Livelihood Department today.

Speaking on the occasion, the CM said that by developing the skills of the youth in the state it is possible to build Koushalya Karnataka.

The CM observed that India being the second highest populated country in the world has the human resource of youth belonging to 18-35 age group.The contribution of youth plays an important role in the development of any country.

The CM said that Karnataka has signed an agreement with Tata technologies to upgrade 150 Government ITIs at a cost of Rs.4636.50 crore and the upgradation work of these ITIs is expected to be completed by September.

The Government of Karnataka has developed kaushalkar.com web portal for the benefit of migratory workers and has been organising virtual Job Melas through Skill Connect web portal to facilitate placements in industries by matching the skills in youth and industrial requirements.

International Migration Centre has been established to help youth find jobs in foreign countries based on the demand for human resources, the CM added.

Four new Government Tool Room and Training centres will be established in the current year in order to provide skilled human resources to small and medium industries.

It is intended to release 400 crore to 193000 self help groups as Community Investment Fund under the National Rural Livelihood Campaign. So far, 17121 self help groups has been released Rs.149.03 crore.

Last year, under the PM Swanidhi scheme, 1 lakh 10 thousand street vendors received Rs.10,000 as Investment Fund . This year it is intended to provide Rs. 20,000 additional investment fund.

Karnataka Skill and Livelihood Taskforce has been formed to create 10 million job opportunities in the next 5 years. The taskforce is expected to submit it’s report shortly, the CM said.

Under the able guidance of Prime minister Narendra Modi, Skill India Mission and Aathma nirbhar Bharat schemes have made significant contribution in developing the skills amongst the youth.

Deputy Chief Minister and Minister for Skill development Dr.C.N.Ashwathnarayan, Secretary S.Selvakumar were present on the occasion.