Close Menu
News Update TimesNews Update Times

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Visa Study: 82% of Pakistanis are shopping with AI, But Trust is Key at Checkout

    June 9, 2026

    PSDF and Bank of Punjab Sign Agreement to Launch Parwaaz Card

    June 8, 2026

    DIB Pakistan’s New Brand Identity, Signals the Next Phase of Purpose-Driven Growth

    June 8, 2026
    Facebook X (Twitter) Instagram
    News Update TimesNews Update Times
    • Home
    • Pakistan

      CBD PUNJAB SECURES STRONG INVESTOR INTEREST AS NSIT CITY PETROL STATION SITES FETCH COMPETITIVE BIDS

      June 5, 2026

      Desert Atlas: Beyond the Dunes of Cholistan

      May 25, 2026

      Turkish Cuisine Week 2026 Celebrates Culinary Heritage with “The Heritage Table” Theme

      May 21, 2026

      AKU Hosts Consultations as Part of Joint Effort to Upgrade the National Museum of Pakistan

      May 15, 2026

      PAKISTAN’S FIRST AND LARGEST IT CITY CBD NSIT CITY NEARS MAJOR DEVELOPMENT MILESTONES

      May 15, 2026
    • Business

      Visa Study: 82% of Pakistanis are shopping with AI, But Trust is Key at Checkout

      June 9, 2026

      DIB Pakistan’s New Brand Identity, Signals the Next Phase of Purpose-Driven Growth

      June 8, 2026

      June 8, 2026

      Pakistan’s Smoking Crisis Deepens as False Health Claims Mislead Millions

      June 8, 2026

      Adamjee Life launches Adamjee Life Digital: A New Era of Self Service Insurance in Pakistan

      June 8, 2026
    • Technology

      Introducing Incognito Chat with Meta AI: A completely private way to chat with AI

      May 14, 2026

      JUJUTSU KAISEN and new evolving universe mode hit PUBG MOBILE’S 8th anniversary version 4.3 update

      March 16, 2026

      WhatsApp’s Latest Privacy Protection: Strict Account Settings

      January 28, 2026

      Syed Muhammad Talha Embarks on a Full-Time Filmmaking Journey

      January 28, 2026

      YouTube launches new updates to support teens and families online

      January 15, 2026
    • Sports

      tapmad Secures Exclusive Digital and Television Rights for the FIFA World Cup in Pakistan

      May 18, 2026

      BingX Names World Champion Enzo Fernández as Global Ambassador Ahead of 2026 FIFA World Cup

      May 13, 2026

      Rising global sport padel finds new home in Lahore

      April 28, 2026

      Dow Hospital Clinches Modern Premier League Season 3 Title

      April 27, 2026

      Modern Premier League Season 3 Kicks Off Tomorrow in Karachi

      April 21, 2026
    • Entertainment

      Spotify Marks 20th Anniversary with “Spotify 20: Your Party of the Year(s)”

      May 12, 2026

      Mehfil Tour Opens in Karachi with a Powerful Celebration of Pakistan’s Musical Heritage

      May 11, 2026

      Humnava Goes Weekly with Holoyor, Building a Movement of Togetherness Through Music, Conversations, and Community Gatherings

      May 8, 2026

      Ajoka Institute’s Art of Acting Students Stage “Jhalli Kithay Jaway” at PILAC Auditorium

      February 28, 2026

      LFW Presents Launches with Hussain Rehar

      February 16, 2026
    • Education

      PSDF and Bank of Punjab Sign Agreement to Launch Parwaaz Card

      June 8, 2026

      Bangladeshi University Leaders Visit LUMS to Strengthen Regional Academic Linkages

      May 19, 2026

      AKU Showcase Explores AI in Research for Global Impact

      May 19, 2026

      University of the Punjab Hosts Seminar on “New Horizons of Public Relations and Advertising

      May 19, 2026

      ICAP Holds CFO Conference 2026

      May 12, 2026
    • Health

      AKU Hosts Public Screening on World Environment Day

      June 6, 2026

      FCEPL celebrates World Milk Day with school students across the country

      June 1, 2026

      Getz Pharma Hosted the Launch Ceremony of Dr. Nauman Niaz’s Book “Myth & Reality: Type II Diabetes & Disease Impact in Pakistan”

      May 25, 2026

      Government of Punjab and UNICEF Pakistan Convene High-Level Policy Dialogue on Maternal Newborn Child Health and Nutrition in Punjab

      May 20, 2026

      AKU celebrates nurses and midwives as leaders shaping Pakistan’s health care future

      May 7, 2026
    • Other
      • World
      • Blog
      • Opinion
      • About
      • Contact us
    News Update TimesNews Update Times
    Home»Pakistan»World Youth Skills Day: Punjab allocated Rs 26 bln for skills development and entrepreneurship
    Pakistan

    World Youth Skills Day: Punjab allocated Rs 26 bln for skills development and entrepreneurship

    yasirBy yasirJuly 14, 2025No Comments
    Facebook Twitter WhatsApp
    Share
    Facebook Twitter WhatsApp

    World Youth Skills Day is celebrated Tuesday (today) globally to spotlight the transformative power of technical and vocational education in building inclusive economies and resilient societies while the Punjab government has also focused on it by allocating Rs 26 billion in fiscal year 2025-26. Following the vison of the Chief Minister Maryam Nawaz Sharif, the Government of Punjab has placed skills at the heart of its economic agenda. Under the CM Skilled Punjab initiative, landmark programmes are in placed as Rs 26 billion are allocated for skills development and entrepreneurship for the fiscal year 2025-26 Furthermore, for the first time Punjab has consolidated all TVET policy under a single Skills Development and Entrepreneurship Department (SDED)—bringing Punjab Skills Development Fund (PSDF), Technical Education and Vocational Training Authority (TEVTA), Punjab Vocational Training Council (PVTC), Punjab Skills Development Authority (PSDA) and Punjab Board of Technical Education (PBTE) under one strategic umbrella to ensure every effort is aligned with labour-market demand. The Punjab Skills Development Fund (PSDF)- Pakistan’s largest skills fund and the implementing arm of CM Skilled Punjab Initiative has spent 15 years building employer-led training pathways. In that time, it has enabled 600,000 graduates (44 percent women) across 250 trades. Current flagships programs include PSDF | Tabeer – International Placement of Rs 2.7 billion for 2,500+ global job placement, PSDF | Mein Digital- Empowering rural women through IT of Rs 1billion for 3,000 educated rural women and PSDF | Pehchan- Skill Development Program for Transgenders for Rs 870 million for 2,250 marginalized transgenders, each designed to unlock new segments of talent and link them to high-value local or overseas work. CM Punjab Task Force for Skills Development Chairperson Punjab, Adnan Afzal Chattha Monday stated that Punjab’s young people are not just our future. They are our greatest present-day asset. By pairing world-class training with globally recognised certifications and overseas job pathways, we are turning potential into prosperity for families and for Pakistan’s balance of payments,” said Nadir Chattha, Secretary, Skills Development and Entrepreneurship Department said that for the first time in Punjab’s history, every element of skills development policy-making, funding, standards, training and placement – now sits under a single roof. What was once a devolved, fragmented mandate spread across multiple agencies is unified in the Skills Development & Entrepreneurship Department with a primary focus on making Pakistan a global human capital export powerhouse. “This one-window structure gives us the speed, coherence and accountability to turn every rupee into real jobs, higher incomes and a workforce that can compete anywhere in the world”, he added. Across Pakistan there are 3,000+ technical and vocational institutes with about 455,000 students enrolled—a capacity nowhere near sufficient for the 1.7 million new entrants to the labour force each year, underscoring the urgency of scalable, outcome-based models like PSDF’s. On World Youth Skills Day, PSDF and the Government of Punjab reaffirm their commitment to equip every young Pakistani with the skills, confidence and global credentials needed to thrive at home and abroad in fields of their choosing; and to position Pakistan as a preferred source of skilled talent worldwide.

    Share. Facebook Twitter WhatsApp
    yasir

    Related Posts

    CBD PUNJAB SECURES STRONG INVESTOR INTEREST AS NSIT CITY PETROL STATION SITES FETCH COMPETITIVE BIDS

    June 5, 2026

    Desert Atlas: Beyond the Dunes of Cholistan

    May 25, 2026

    Turkish Cuisine Week 2026 Celebrates Culinary Heritage with “The Heritage Table” Theme

    May 21, 2026
    Leave A Reply Cancel Reply

    Top Posts

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025189 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026141 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025102 Views

    The Youth 4GCED Regional Workshop launch Regional Workshop Begins in Lahore

    November 1, 202483 Views
    Don't Miss
    Business

    Visa Study: 82% of Pakistanis are shopping with AI, But Trust is Key at Checkout

    PSDF and Bank of Punjab Sign Agreement to Launch Parwaaz Card

    June 8, 2026

    DIB Pakistan’s New Brand Identity, Signals the Next Phase of Purpose-Driven Growth

    June 8, 2026

    June 8, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    • WhatsApp

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    NUT is an innovative digital platform, delivering real-time, quality news and analysis on global & Local events. We aspire to empower our readers with accurate, insightful, and diverse perspectives,

    Email: info@newsupdatetimes.com
    Contact: +92 301 4776567

    Facebook X (Twitter) Instagram WhatsApp
    Our Picks

    Visa Study: 82% of Pakistanis are shopping with AI, But Trust is Key at Checkout

    June 9, 2026

    PSDF and Bank of Punjab Sign Agreement to Launch Parwaaz Card

    June 8, 2026

    DIB Pakistan’s New Brand Identity, Signals the Next Phase of Purpose-Driven Growth

    June 8, 2026
    Most Popular

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025189 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026141 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025102 Views
    © 2026 News Update Times.
    • Home
    • Pakistan
    • Business
    • Technology

    Type above and press Enter to search. Press Esc to cancel.