Govt sets target of 70% employment of urban poor

Government has set a target of 70 per cent employment of urban poor through skill training. Urban development Ministry said, during the last two years, around five lakh urban poor have been imparted skill training out of which about one lakh had either got jobs or self-employed. The Ministry has organised, a day long National Conference in New Delhi today on ‘Deendayal Antyodaya Yojana- National Urban Livelihoods Mission’ to scale up skill training to urban poor. It said, Central Ministers concerned, state governments, bankers, experts and NGOs will discuss ways and means of scaling up skills training and credit flow for self-employment of urban poor in a bid to reduce urban poverty in a speedy manner.

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Conference is being organized to enable the urban poor meet their aspirations of employment in the context of growing migration to urban poor in line with the assertion of the Prime Minister Narendra Modi that urbanization mitigates poverty. Ministry of Housing and Urban Poverty Alleviation, HUPA has proposed to appoint a central Nodal Agency for speeding up disbursal of bank loans to urban poor besides involving Non-Banking Finance Institutions and micro-credit agencies for delivery of loans. Bank lending for self-employment is proposed to be dovetailed with loans under Prime Minister’s MUDRA Yojana. Government has provided more than one lakh crore rupees to youth for self employment under the Mudra Yojna.