It is a scheme for upliftment of urban and rural poor through enhancement of livelihood opportunities through skill development and other means

To provide Skill training to the poor in cities and villages. This would make them eligible for employment and will help in poverty alleviation
By 2020, developed nations will have shortage of ~57 million workers & foreign companies will have to outsource work elsewhere
Companies require cheap but skilled labour force (India will have ~47 million new workers by 2020)
Every year, 12 million Indians join workforce but out of them only 10% are skilled compared to 70% in and 50% in China
Therefore, success of Make in India, will depend on success of this scheme
Also, under the current urban poverty alleviation programmes, only 790 cities and towns are covered
The government has decided to extend these measures to all the 4,041 statutory cities and towns, there by covering almost the entire urban population

Official name: Deen Dayal Upadhyaya Grameen Kaushalya Yojana

Under: Ministry of Rural Development

Earlier schemes:

Swarnajayanti Gram Swarojgar Yojana (SGSY) was renamed as National Rural Livelihood Mission (NRLM) which was in turn converted to Aajivika
Aajivika has a sub-component of skill development which is now named as Deen Dayal Upadhyaya Grameen Kaushalya Yojana

Eligibility: 15 years and above (in Aajivika, it was 18)

Target: Train 10 Lakh rural youth by 2017

Others:

Government will setup training centres in rural areas
Training syllabus will be designed on international standards, so that rural youth can work in the foreign companies coming to India under Make in India
Special attention to physically disabled persons

Official name: Deen Dayal Upadhyay Antyodaya Yojana (DAY)

Under: Ministry of Housing & Urban Poverty Alleviation (HUPA)

Eligibility: Urban poor

Target: Train 5 Lakh people every year

6 Components:

Setup City Livelihood Centres with Rs. 10 lakh grant
Give training to each urban poor via these centres. Government will spent Rs.15k-18k on training each of them
Form Urban Self Help Groups (SHG) and give Bank linkage and Rs.10,000 to each group
Setup Vendor markets and give skill training to vendors as well
Construction of permanent shelters for urban homeless & other essential services
Help the poor to setup enterprises & give them loan at 7% interest rate

MoHUPA signed an MoU with National Skill Development Corporation (NSDC)
NSDC will give training to poor, according to market needs, via its training centres
It will also help in identification of beneficiaries besides certification of training programmes through Sector Skill Councils (SSCs)

SSCs– These are industry led bodies and they define standards and syllabus for different training program in given industrial sector

NSDC will identify beneficiaries and design their training program with help of above SSCs
Thus, NSDC-MoHUPA tie up will help in speedy and result oriented implementation of Deen Dayal Antyodaya Yojana

Published with inputs from Swapnil

Deen Dayal Upadhyaya Antyodaya Yojana

By Explains