Skill Development: Strengthening Yuva Shakti

Published By : Admin | April 13, 2012 | 17:31 IST

Dear Friends,

I would like to share with you an anecdote of a man I know, who repairs watches. One day a watch came to him for repair during which he noticed a manufacturing defect. He then wrote a letter to the watch manufacturing company based in Switzerland pointing out a defect in the design of their product. As it turned out, the points raised by this man proved to be correct and the company not only appreciated the point raised by the man but also had to withdraw the watches from the market.

What does the example of this man show? It clearly shows that innovation knows no boundaries; that every individual possesses the power to innovate. With perfection in work and work culture, the best of innovations can take place. But, a major component of attaining this perfection is acquiring the relevant skills in whatever we seek to do.

We in Gujarat have made this one of our top priorities. As you are aware, the nation is commemorating the 150th birth anniversary of Swami Vivekananda. Gujarat is celebrating 2012 as the ‘Year of Yuva Shakti’ as a tribute to Swami ji. As a part of the celebrations, we have placed significant focus on enhancing skill development among our youth. Swami Vivekananda himself believed that the future of India depends on its youth. Never before in the history of our nation have we been younger than at present! Today, 72% of our population is below the age of 40, 47% Indians are below the age of 20 whereas only 10% of the global population is under 25. Is this not a great opportunity for us?

Infact, I have always believed that youth power is the answer to the question of whether India or China will lead the world in the 21st century. But, having a massive young population is not enough. There is a need to equip these youngsters with adequate skills and at the same time according proper dignity to each and every skilled profession. Only then will our youth power become our strongest asset.

In order to harness the untapped potential of our youth, our Industrial Training Institutes (ITIs) can play an important role. Over the last decade, Gujarat has made a sincere attempt to improve the scope and infrastructure of our ITIs. Courses that were left unchanged for 3 decades were revised, the number and diversity of courses shot up with state-of-the-art infrastructure. From a mere 275 ITIs in 2001 the number of ITIs has shot up 4 fold to 1054. In the past, we only had 3000 ITI trainers but this has now gone up to 6000. We have also opened a window of opportunity by enabling ITI students to pursue Diploma and Engineering courses after their ITI education, thus widening their career horizons.

Friends, this century will rest on 3 major pillars: IT (Information Technology), BT (Bio Technology) and ET (Environment Technology). Though all 3 pillars are important, special attention needs to be paid to ET. Our ITIs can stimulate stellar research in tapping energy from natural resources such as wind, water, sun etc. Infact, I have even urged solar companies to initiate awards which could serve as incentives to stimulate innovation. Such steps can truly benefit all of us.

Every work, no matter how menial it is deserves adequate dignity. An individual performing a skilled task merits tremendous respect. We want to break away from a tendency of not respecting our skilled workforce. For that, instilling a sense of confidence among our skilled workforce can go a long way and that is why we have become the first state to start soft skill trainings in our ITIs emphasizing on overall personality development. Broadening of our mind is as important as skill development. It is essential to understand the larger vision of our deeds and once this happens no work will seem small. For instance, if a technician is working on solar technology there is a quantum of difference if he considers his work as just another mere job or if he works fully realizing that his efforts can make a difference to generations beyond him. When an expanded vision meets a skilled body, wonders can truly happen!

Gujarat has also launched 20 Swami Vivekananda Superior Technology Centres (STCs). These institutions would provide specialized training using state of the art technology. An example of this would be a STC related to Automobile Servicing. With Gujarat emerging as the auto hub of India, the potential in the auto-servicing sector is immense. Similar centres would cater to CNC (Computer Numerically Controlled) Technology and Solar Technology.

Handing over appointment letters to youngsters

Friends, the results of some of our efforts are already showing. We are hailing this week as Swami Vivekananda Youth Employment Week. In the course of the week, I would be personally handing over appointment letters to 65,000 youngsters. This is a historic recruitment programme in our country. The aspirations of these youngsters are not theirs alone. We remain committed to turning every young mind into a powerhouse of innovation combined with hard work, dedication and motivation. ITIs can become a natural playground in this endeavor, adding to the opportunities for our youth. With strong skill sets, the will to work harder will increase manifold and so will the zeal to perform. It is this mantra of  SKILL + WILL + ZEAL = WIN that will empower Gujarat and enable it to take India to greater heights.

Yours,

Narendra Modi

My speech while handing over appointment letters to youngsters at Ahmedabad

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Your Money, Your Right
December 10, 2025

During my speech at the Hindustan Times Leadership Summit a few days ago, I shared some startling facts:

Indian banks are holding Rs. 78,000 crore of unclaimed money belonging to our own citizens.

Insurance companies have nearly Rs. 14,000 crore lying unclaimed.

Mutual fund companies have around Rs. 3,000 crore and dividends worth Rs. 9,000 crore are also unclaimed.

These facts have startled a lot of people.

Afterall, these assets represent the hard-earned savings and investments of countless families.

In order to correct this, the आपकी पूंजी, आपका अधिकार - Your Money, Your Right initiative was launched in October 2025.

The aim is to ensure every citizen can reclaim what is rightfully his or hers.

To make the process of tracing and claiming funds simple and transparent, dedicated portals have also been created. They are:

• Reserve Bank of India (RBI) – UDGAM Portal for unclaimed bank deposits & balances: https://udgam.rbi.org.in/unclaimed-deposits/#/login

• Insurance Regulatory and Development Authority of India (IRDAI) – Bima Bharosa Portal for unclaimed insurance policy proceeds: https://bimabharosa.irdai.gov.in/Home/UnclaimedAmount

• Securities and Exchange Board of India (SEBI) – MITRA Portal for unclaimed amounts in mutual funds: https://app.mfcentral.com/links/inactive-folios

• Ministry of Corporate Affairs, IEPFA Portal for Unpaid dividends & unclaimed shares: https://www.iepf.gov.in/content/iepf/global/master/Home/Home.html

I am happy to share that as of December 2025, facilitation camps have been organised in 477 districts across rural and urban India. The emphasis has been to cover remote areas.

Through the coordinated efforts of all stakeholders notably the Government, regulatory bodies, banks and other financial institutions, nearly Rs. 2,000 crore has already been returned to the rightful owners.

But we want to scale up this movement in the coming days. And, for that to happen, I request you for assistance on the following:

Check whether you or your family have unclaimed deposits, insurance proceeds, dividends or investments.

Visit the portals I have mentioned above.

Make use of facilitation camps in your district.

Act now to claim what is yours and convert a forgotten financial asset into a new opportunity. Your money is yours. Let us make sure that it finds its way back to you.

Together, let us build a transparent, financially empowered and inclusive India!