2018-2019 Main Budgetary Measures for Socio-economic Development

This Brief gives an overview of the main measures announced in the Budget 2018-2019 with a special focus on social aspects of the Budget relating to the 4 priority areas of YUVA.

Employability

  • Rs 1 billion to target some 14,000 unemployed and to tackle youth unemployment
  • 3,000 youths to join the National Skills Development Programme (NSDP) for technical training
  • Youth Service Programme introduced under the aegis of the Ministry of Youth and Sports to develop soft skills such as team building, discipline, communication and work ethics
  • 3,000 unemployed to be enrolled in the National Apprenticeship Programme run by MITD
  • Youth Employment Programme (YEP) to cater for post-HSC unemployed

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