Union Ministry of Skill Development and Entrepreneurship Current Affairs - 2019

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Skill India gets its first Batch of IES officers to ISDS cadre

The first batch of newest central government services, ‘Indian Skill Development Services’ (ISDS) commenced their training program at Administrative Training Institute (ATI), Mysuru, Karnataka. This is the first batch which is joining ISDS cadre from Indian Engineering Service (IES) Examination conducted by UPSC (Union Public Service Commission).

Key Highlights

As this is the 1st batch of young minds from IES to be included in Union Ministry of Skill Development and Entrepreneurship (MSDE), the aim behind it is to attract young and talented administrators towards institutionalizing Skill Development environment in country.

The new service will give a new impetus to central government’s skilling initiative by significantly improving efficiency and effective implementation of various schemes.

In coming years MSDE will be able to create a workforce of trained skill administrators who will further enable ministry to achieve the set goals of the Skill India Mission.

About Indian Skill Development Services

It is the newest central government services and has 263 all India posts.

This service has been specially created for Training Directorate of Union Ministry of Skill Development and Entrepreneurship (MSDE).

The ISDS service caters to highly specific task of skill development and thus is a unique combination of skills, technology, management and public service.

It is a Group ‘A’ service and the cadre comprises of 3 posts at Senior Administrative Grade, 28 posts at Junior Administrative Grade, 120 posts at Senior Time Scale and 112 posts at Junior Time Scale.

4th edition of National Entrepreneurship Awards 2019

Union Ministry of Skill Development and Entrepreneurship (MSDE) announced fourth edition of National Entrepreneurship Awards, 2019 with aim to honour outstanding young 1st generation entrepreneurs as well as ecosystem builders for their exceptional contribution in entrepreneurship development. They will reward the most innovative, inspiring and accomplished micro entrepreneurs to scale up their business.

About National Entrepreneurship Awards

These annual awards have been instituted by MSDE to honour outstanding young first generation entrepreneurs and ecosystem builders for their exceptional contribution in entrepreneurship development. The awards seek to instill and entrench entrepreneurial attitude among the future generations and the Youth of India.

Categories: There are a total of 45 specially designed awards to be bestowed – 39 Enterprise Awards and 6 Awards for Entrepreneurship Ecosystem Builders.

Eligibility: To be eligible for these awards, the nominee (entrepreneur) must be (i) under the age of 40 years; (ii) first-generation entrepreneurs; (iii) hold 51% or more equity and ownership of business and women entrants individually or collectively owning 75% or more of the enterprise.

Cash prize: Winners will be presented with Trophy, Certificate and Cash Prize of Rs. 5 lakh (enterprises/ individuals) and ₹Rs. 10 lakh (organizations/ institutes).