The Minister of State (Independent Charge) for Skill Development and Entrepreneurship Shri Rajiv Pratap Rudy has said that there are over 18 Central Ministries/Departments including Ministry of Skill Development and Entrepreneurship (MSDE) involved in the implementation of more than 40 schemes for various skill development programmes including to the poor in the backward districts of the country. Further, Government launched Pradhan Mantri Kaushal Vikas Yojana (PMKVY) on 15th July, 2015 which is a reward based, demand driven scheme. The scheme aims to enable and mobilize a large number of Indian youth including the poor ones in the backward districts to take up skill training, become employable and earn their livelihood.
The scheme namely Pradhan Mantri Kaushal Vikas Yojana (PMKVY) could not run successfully in Left Wing Extremists (LWE) districts due to operational difficulties. To incentivize the training partners, the Ministry will follow Common Norms as per the Gazette Notification No. H-22011/2/2014-SDE-1 dt. 15.07.2015. In these Norms, a special incentive has been designed where over and above the Base Cost, an additional amount equal to 10% of the Base Cost should be permitted for Skill Development programmes conducted in districts affected by Left Wing Extremism (LWE) as identified by the M/o Home Affairs for the Integrated Action Plan.
The Prime Minister has launched the Start-up India movement on 16th January, 2016 in which a fund worth Rs.10,000 crore would be created for funding of Start-ups. Besides, Start- ups would be exempted from paying income tax on their profit for the first three years. Further, there will also be eighty percent exemption in patent fee for Start-ups business along with a self-certification based compliance system.