HYDERABAD, February 10: The central government has clarified that it will not provide funding for Telangana’s Young India Skills University. In a Lok Sabha session on Monday, Congress MP Chamala Kiran Kumar Reddy inquired about potential central support for the university, highlighting the state’s allocation of ₹100 crore and plans to establish a corpus fund between ₹300 to ₹500 crore. He emphasized the university’s role in providing skill development training to students, aiming to create employment opportunities and contribute to India’s goal of becoming a developed nation by 2047.
In response, Union Minister Jayant Chaudhary stated that the central government does not have any schemes to fund skill universities established by states under their respective laws. He added that while there is no specific provision for such funding, the central government offers support to credible institutions through other schemes.
The Telangana government, under Chief Minister Revanth Reddy, has been developing the Young India Skills University in Hyderabad to enhance students’ employability through skill development programs. The state has committed ₹100 crore to the project and is in the process of creating a substantial corpus fund to ensure the university’s success.
Despite the central government’s stance, the state government remains focused on advancing the university’s establishment, seeking alternative funding avenues and partnerships to achieve its objectives.
