Wah! Unemployed youth will get Rs 1500 per month

New Delhi: The idea of Universal Basic Income has been implemented in India. It is a big relief for the unemployed youth, who will be getting up to Rs 1,500 as unemployment allowance.

Chief minister Virbhadra Singh on Saturday launched an 'unemployment allowance scheme' in Shimal, and decided to regularise contract employees after three years in service, instead of the present period of five years.

Singh made this announcement at the state level function at Chamba on the occasion of the 70th foundation day of Himachal Pradesh.

Chief minister who unfurled the tricolor and took salute at impressive march past, formally launched the scheme by distributing cheques of Rs 1,000 each to ten beneficiaries.

He said all the contractual employees who have completed three years of uninterrupted service would be regularised.

Singh said the state government has decided to provide unemployment allowance of Rs 1,000 per month to youth having intermediate or above qualification where as the unemployed youth with disability would be given Rs 1,500 per month.

The state government was giving added priority to skill development of unemployed youth to raise their level of employability, he said, adding that Rs 500 crore skill development scheme had been started by the government.

He said that so far skill development allowance had been provided to 1,52,000 youth.