Educating The Unemployed

The World Bank has decided to lend US$ 60 mn towards revamping university education and creating jobs for unemployed graduates.
Around US$ 50 mn will be channelled on restructuring university curriculum to gear it towards more market base courses. The balance funds will be lent to the government sponsored, but private sector run graduate unemployment programme endash the Tharuna Aruna Institute, says Prime Ministers Advisor, R Paskeralingum.rn

rnThe graduate employment scheme will take off on May 1, with government hoping to place around 10,000 unemployed students in private and state enterprises, Labour Minister, Mahinda Samarasinghe told journalists on Monday.rn

rnA tripartite committee set up under the Labour Ministry, will draw up a 12-month course to train graduates in English language, computer skills, management skills and so forth.rn

rnThe present Tharuna Aruna scheme is being restructured, after the earlier programme fell below expectations. Under the scheme, Treasury spent Rs. 160 mn t