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About RYK
Rajiv Yuva Kiranalu (RYK) scheme as part of the Rajiv Education and Employment Mission (REEM) at the Port Stadium in Visakhapatnam on Saturday to mark the birth anniversary of former prime minister Rajiv Gandhi. The objective is to provide 15 lakh jobs in the private sector and one lakh in government departments, apart from providing skill training and placements. The RYK will be launched in all districts across the state with a view to utilising the expanding opportunities offered by the growing economy and to bridge the skill gap. "The labour market demand is shifting towards skilled and highly-skilled categories, whereas most of the youth are unskilled. This calls for a massive initiative for training the youth in the desired skill sets with the active partnership of the private sector," the CM said on Friday. He said the government was committed to providing manifold and enhanced avenues to the youth. The CII estimates a potential of eight million new jobs (4.5 million skilled/highly skilled and 3.5 million unskilled) will be available by 2015 in various sectors.
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