The Ministry of Skill Development and Entrepreneurship (SDE) and Wadhwani Operating Foundation (WOF) signed two Agreements for effectuating an earlier understanding of jointly developing and implementing Entrepreneurship and Skill Development initiatives in the country with the Pradhan Mantri YUVA Scheme being the first joint effort in this regard.
The five-year Scheme is expected to witness setting up of more than 23,000 enterprises thus resulting into creation of more than 2.30 lakh direct and indirect jobs in the country.
The Scheme also envisages delivery of specially developed Social Entrepreneurship Modules to interested students in Institutions of Higher Learning.
The WOF, in capacity of Knowledge Partner is contributing, free of cost, Software, Content and Intangibles such as faculty and field staff training and program consulting services under the Scheme.
Source: Business Standard