To address the issue of unemployment, the Chief Minister’s Corpus Fund was re-oriented in 2002-03 with the objective to generate sustainable income to unemployed youth of the State through creation of self employment opportunities and through capacity building programmes. Under this programme a certain amount is allocated under the corpus each year and the amount is disbursed through Planning & Co-ordination Department. A portion of the Corpus Fund is bifurcated to the Districts to ensure proportionate selection of beneficiaries from all Districts.

          The remaining amount is earmarked for Departmental proposals, for trainings/capacity building programmes, etc.

Allocation of funds:

          Year-wise allocation for the Chief Minister’s Corpus Fund is as below:

          2002 – 03                                   Rs. 200 lakh

          2003 – 04                                   Rs. 500 lakh

          2004 – 05                                   Rs. 500 lakh

          2005 – 06                                   Rs. 700 lakh

          2006 – 07                                   Rs. 800 lakh

Admissible projects/activities:

Projects/schemes with following objectives are eligible for assistance:

v      Promoting recruitment/self employment by bringing likely employers and the unemployed youth on a single platform.

v      Providing impetus to NGOs and the voluntary sector.

v      Assistance to organizations/entrepreneurs doing exemplary work in generation of employment opportunities in the State.

v      Capacity building programmes for developing the capacities of the youth to enable them to earn sustainable livelihoods.

v      Finance4 inputs and subsidies in critical but potential areas.

v      Coaching classes for Civil Service Examination of UPSC.

v      Conducting of Education Fairs and Career Counseling.

Eligibility:

          All indigenous persons of the State, who are not otherwise employed and in the age group of 21 years to 40 years are eligible for benefiting through the Corpus for youth.

Selection:

          In the Districts, selection of beneficiaries is done by the District Corpus Fund Committees constituted in each District through open interview, after observing all prescribed guidelines. Proposals for capacity building/workshops and Seminars are screened and reviewed by a committee and recommended to the Hon’ble Chief Minister for approval.

Achievements:

                                                                                                                           Go to Top