Updates: Indian youth has immense talent, says PM Narendra Modi at Skill India launch

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New Delhi, July 15: On the occasion of World Youth Skills Day, Prime Minister Narendra Modi on Wednesday, July 15 launched the NDA government's much ambitious Skill India initiative at Vigyan Bhawan in the national capital.

Here are the Live Updates:

Prime Minister Narendra Modi presents the Skill Loans to a trainee at the launch of the Skill Loan Scheme under Pradhan Mantri Kaushal Vikas Yojna (PMKVY), during the Skill India Campaign in New Delhi on Wednesday.

5.49 pm: PM Narendra Modi concludes his speech.

5.47 pm: If China has this identity of being World's manufacturing factory, then India can become World's required human resource's Capital

5.45 pm: "We have 65% of the population below 35 years of age, how will they face the challenges if they are not skilled? If they can't face challenges,they themselves will become a challenge for us, India's 1st priority is to generate employment opportunities", PM Modi.

5.40 pm: "Poor don't have high ambitions of buying a bungalow or expensive cars, they just want their children to be self-dependent. We want to work in this direction in a structured & organized way, taking States along, with a new start", Modi.

5.35 pm: "This mission is not limited to skill, we have linked entrepreneurship to it. Parents from middle-class,lower middle-class & poor families ask their children to learn some skill so that they can stand on their feet", says Modi.

5.33 pm: "It's not that skill only brings money in your pocket, it instills you with a sense of confidence, brings a new strength in life. Skill India Mission is not just a prog to fill stomachs,but to instill self confidence in poor families & bring a new energy to nation", says Modi.

5.30 pm: "The youth of the nation doesn't want to live a life of pity, they want to live with self respect & dignity. The country's first priority is generating employment for the youth of the country", says Modi.

5.25 pm: "We have opened a war against poverty strategically, and we must win this fight and I will form an army of poor, every poor is my soldier, we will win this war against poverty on behalf of their strength", says PM Modi.

5.16 pm: PM Narendra Modi speaks at Skill India launch in Delhi.

5.15 pm: "Do we now treat this surplus manpower as a burden or liability on Indian economy or do we convert it into a resource. Till today there has been no structured approach in this direction", says Jaitley.

5.12 pm: "India has surplus manpower, that's the whole demographic differential which is taking place, says Jaitley.

5.11 pm: "We took over 14 months ago, in somewhat a depressive environment, and when we look back, we see a huge change and the initiative we are launching today, of skilling India is going to add to the huge change", says Jaitley.

5.07 pm: Finance Minister Arun Jaitley speaks at the launch of Skill India Mission.

5.00 pm: PM Modi launches Skill Loan scheme.

Prime Minister Narendra Modi with Minister of State (Independent Charge) for Skill Development & Entrepreneurship Rajiv Pratap Rudy and Finance Minister Arun Jaitley unveiling the logo of Skill India campaign in New Delhi on Wednesday.

4.55 pm: National Policy for Skill Development and Entrepreneurship 2015 unveiled.

4.45 pm: PM Narendra Modi releases National Skill Development Mission document, in Delhi.

4.30 pm: "Private sector partnership crucial for Skill India. 12 weeks training can help a person get work", says Rudy.

4.10 pm: MoS for Skill Development Rajiv Pratap Rudy addresses at Vigyan Bhawan.

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