Promise Tracker

Establish an “Employment Preparation Fund” at MNPEA

Budget Speech para. 153: "A common issue faced by our youth in navigating the job market is that they do not possess the required skill set as demanded by the market. Therefore, we propose to implement a programme where groups of youth will undergo 3-6 month training courses in a specific skill set as demanded by the private sector. We will establish the “Employment Preparation Fund” at the Ministry of National Policies and Economic Affairs which will finance ‒ The cost of such training courses to be made available ‒ The cost of the stipend to be paid  during the training period  amounting to Rs. 3,500 per month ‒ A portion of the monthly allowance up to Rs. 6,000 for a period of 6 months and the partner employer will pay a further allowance of Rs. 10,000." Responsible Institution Revised: This promise was previously assigned to the Ministry of National Policies and Economic Affairs
  • Allocation (Rs. Mn) :  2,500
  • Sector :  Social Welfare
  • Ministry / Government Institution :  Ministry of Youth Affairs, Project Management and Southern Development

Openness Tracker

Uncooperative

Information was obtained by the responsible agency in response to the request for information filed under the RTI Act. However, iinformation in response to the request was obtained after signficant followup.

Progress Tracker

Neglected

No activities has been initiated to implement the proposal

Sources of Information

  • Budget Tracker - Website RTI