![Ladka Bhau scheme](https://img.etimg.com/thumb/msid-111828279,width-300,height-225,imgsize-1481839,resizemode-75/ladka-bhau-scheme.jpg)
What is Ladka Bhau Yojana and who is eligible?
The scheme's primary goal is to provide financial assistance and practical work experience to young men. The initiative targets those who have completed their class 12 education, with a monthly stipend structure based on educational qualifications: Rs 6,000 for class 12 graduates, Rs 8,000 for diploma holders, and Rs 10,000 for bachelor's degree holders.The 'Ladka Bhau' Yojana is designed to offer apprenticeships funded by the state government. The apprenticeship aims to provide candidates with practical work experience while benefiting industries with trained manpower. The training will be provided in both industrial and non-industrial establishments and is aimed at 10 lakh youth.
The 'Ladka Bhau' Yojana has specific eligibility criteria to ensure that the benefits reach the intended recipients. Candidates must be between 18 and 35 years old and possess a minimum educational qualification of class 12, ITI, diploma, or degree. Students currently enrolled in educational programs are not eligible for the scheme. Additional requirements include residency in Maharashtra, Aadhaar registration, and a bank account linked to Aadhaar. Candidates must also obtain an employment registration number by registering on the Commissionerate of Skills, Employment, Entrepreneurship and Innovation web portal.
How Ladka Bhau Yojana will work?
Chief Minister Shinde addressed criticisms regarding the previous 'Ladki Bahin Yojana' by highlighting the government's efforts to support young men as well. The 'Ladka Bhau' Yojana aims to connect job seekers and employers through a dedicated website. This platform will facilitate practical work experience for candidates and provide entrepreneurs with the necessary manpower for their industries.Industries and establishments participating in the scheme must meet certain criteria. They should be operating within Maharashtra and registered as employers on the Skills, Employment, Entrepreneurship, and Innovation web portal. These establishments must have been in operation for at least three years and hold registrations with RPF, ESIC, GST, DPIT, and Udyog Aadhar, along with a certificate of incorporation.Why opposition parties said
Shiv Sena (UBT) leader Aaditya Thackeray responded to the announcement of the 'Ladka Bhau' Yojana, calling it a "jumla" and expressing skepticism about the government's intentions. Thackeray demanded that the government disburse the entire annual amount of the scheme in one go. He criticized the scheme for providing stipends only to skill development students and questioned the effectiveness of such initiatives.(Catch all the Business News, Breaking News, Budget 2024 Events and Latest News Updates on The Economic Times.)
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Subscribe to The Economic Times Prime and read the ET ePaper online.