ANDHRA PRADESH

Hyderabad likely to host major youth event

TIRUPATI Jan. 28. Hyderabad is likely to host another major event after the State Government expressed its willingness to host the International Youth Employment Summit for five days starting December 7 this year.

This is for the first time that an Asian country is coming forward to host the prestigious global meet. The previous summit was held at Alexandria in Egypt.

Disclosing this to mediapersons here on Tuesday, Kamalavardhan Rao, Director of Youth Services, said 1,000 delegates from 20 countries are expected to take part in the summit, for which the US-based Economic Development Centre would provide about Rs. 3.5 crores.

Mr. Rao hoped that the meet would help explore the potential of the services sector to solve the problems of those who were out of work and tap employment generation opportunities.

`Maarpu' to benefit educated youth

Speaking on the `Maarpu' scheme, taken up in collaboration with Dr. Reddy's Labs to provide jobs to educated youth in the `poorest of the poor' category, Mr. Rao said that the firm would invest Rs.2,500 per head for training the identified youths to be absorbed at a later stage.

The programme would run initially in Chittoor, Medak and Ranga Reddy districts.

On the chances of a rise in youth-related activities, he recalled that the State Government had increased the allocation to the department from Rs. 20 crores to Rs.70 crores in its draft budget. Rs. 60 crores had been disbursed to the 3,000 CMEY groups this year, while 7,000 more would be identified and funded next year.

He blamed the lack of proper marketing linkage for the products of the CMEY groups for the poor recovery rate, which was staggering somewhere around 40 per cent.

Recommended for you