Which of the following is correct regarding skill India scheme 1 NSDC will be the implementing agenc...........

Economic Affairs Skill Development

Which of the following is correct regarding skill India scheme

(1) NSDC will be the implementing agency for this Scheme and NSDF shall monitor the implementation of the Scheme, using mutually agreed criteria with NSDC

(2) One of the objective of the scheme is provide Monetary Awards for Skill Certification to boost employability and productivity of youth by incentivizing them for skill trainings

(3) The Scheme will provide monetary incentives for successful completion of, market-driven skill training

Choose the correct code

1 & 3 only

1 & 2 only

2 & 3 only

1, 2 & 3

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Explanation:

The objective of this Scheme is to encourage skill development for youth by providing monetary rewards for successful completion of approved training programs. Specifically, the Scheme aims to:
•   encourage standardization in the certification process and initiate a process of creating a registry of skills; and
•   increase productivity of the existing workforce and align the training and certification to the needs of the country.
•   provide Monetary Awards for Skill Certification to boost employability and productivity of youth by incentivizing them for skill trainings
•   reward candidates undergoing skill training by authorized institutions at an average monetary reward of 10,000 (Rupees Ten Thousand) per candidate.