Focus: GS II: Government Policies and Intervention
Why in News?
Recently, the union Minister for Rural Development launched the Captive Employment initiative which is a unique initiative under the Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) in New Delhi.
About Captive Employment initiative:
- Captive Employment is a pioneering initiative aimed at creating a dynamic and demand-based skilling ecosystem that caters to the needs of industry partners, providing sustainable placements for underprivileged rural youth.
- The Union Ministry of Rural Development (MoRD) has partnered with 19 Captive Employers to train and provide employment opportunities for rural youth under the Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY).
- The Captive Employment Guidelines ensure the RTD (Recruit, Train, and Deploy) model, which addresses the needs of the industry, provides relevant training, and ensures sustainable placements for rural youth.
- The initiative caters to the needs of industry partners, ensuring long-term employment opportunities for underprivileged rural youth.
- Captive Employers are companies or industries that select rural youths, skill them, and deploy them in one of their establishments, sister concerns, or subsidiaries.
Captive Employers are required to:
- Offer captive (in-house) placement to all the trained candidates.
- Provide captive employment to a minimum of 70% of trained candidates for 6 months.
- Ensure a minimum salary of Rs 10,000 (for courses less than 6 months) and Rs 12,000 (for courses more than 6 months) for captive employment.