Budget 2013: Youth get funds for skill development

New Delhi, Feb 28: Picking up from Jaipur session that spoke of middle class and the youth and signalling Rahul Gandhi's influence in the governance, Finance Minister P Chidambaram in his budget 2013 speech announced whopping Rs 1 lakh crore to expand the skills of the youth.

"Skill training will be given to boost employment and productivity," Chidambaram said. "10 lakh youth can be motivated in one year," he added. Union Budget's overarching goal is to create opportunities for our youth, Chidambaram said.

As the speech progressed, the FM went on to reiterate UPA's pet goal of inclusive development. he subsequently announced many schemes & allocations for SC, ST, women, differently-abled and other schemes such as Sarv Shiksha Abhiyan & provided additional allocation for the food security plan.

Presenting his eighth Union Budget, Chidambaram in his budget 2013 speech gave emphasis to the need for 'inclusive growth'. The budget will focus on higher growth and financial inclusion, he said.
"Many people will be left behind if we do not pay attention to growth," he said. Chidambaram said that any growth should also be sustainable.

Education gets good share

Calling education an area of priority, Finance Minister P. Chidambaram Thursday announced an increase of 17 percent in the budget allocated to this sector, to Rs.65,867 crore.

"My idea is to provide opportunities for youth to acquire education, skills, decent jobs and live with their families in a safe environment," the finance minister said.

The flagship midday meal scheme at government schools got an allocation of Rs.13,215 crore.

He added that thousands of scholarships would be given to girl students, and those belonging to Scheduled Castes and Scheduled Tribes.

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