Mukhyamantri Yuva Karya Prashikshan Yojana

What is Mukhyamantri Yuva Karya Prashikshan Yojana (MYKPY)?

The Mukhyamantri Yuva Karya Prashikshan Yojana (MYKPY) is a program launched by the Maharashtra government, designed to offer internship opportunities to the state’s jobless youth. Through MYKPY registration, young individuals can enhance their skills, making them more competitive in the labor market. MYKPY benefits extend to both the youth and employers, by providing a skilled workforce and valuable government incentives.

MYKPY benefits extend to not only large corporations but also small businesses, providing access to skilled trainees while receiving financial incentives. This program is designed to equip the youth with the tools they need to succeed in today’s competitive job market, helping them thrive in their careers.

BENEFITS OF MYKPY FOR THE COMPANY

This initiative not only aims to meet the manpower needs of various industries but also strives to provide meaningful employment opportunities to the youth, thereby contributing significantly to the state’s socio-economic development.

Benefits of MYKPY for the Company:

· Cost Savings: Minimize your training and hiring expenses as the government pays a monthly stipend of ₹6,000 to ₹10,000 for each candidate through MYKPY registration.

· No Legal Difficulties: Trainees are exempt from several labor rules.

Monthly Stipend provided by the Government during training period.

  • Rs. 6,000/- per month for 12th pass students.
  • Rs. 8,000/- per month for ITI or Diploma holders.
  • Rs. 10,000/- per month for graduates or post-graduates.

Eligibility Criteria for Establishments and Industries:

  •  Location: The business or industry must function inside Maharashtra’s state borders.
  • Registration: The establishment needs to be listed on the official website of the Maharashtra government’s department of skill, employment, entrepreneurship, and innovation as an employer
  • Operational Duration: Since the date of application, the establishment must have been in operation for a minimum of three years. Since the date of application, the establishment must have been in operation for a minimum of three years.

Enrollment in Government Organizations:

  • Registration with the Department for Promotion of Industry and Internal Trade (DPIIT) is a requirement for the establishment.
  • Registration with the Employees’ State Insurance Corporation (ESIC) is required.
  • Registration with the Employees’ Provident Fund Organization (EPF) is required.
  • It needs to have a current Udhyog Aadhar registration.

Ready to take on the MYKPY Benefits ?

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How TMS Will help with the Mukhyamantri Yuva Karya Prashikshan Yojana (MYKPY) Scheme:

  • Establishment Registration: The TMS can automate the registration process for participating establishments, ensuring they meet all eligibility criteria.
  • Candidate Registration: Candidates eligible for the scheme can easily register through the TMS.
  • Contract Issuance and Approval: The TMS can facilitate the issuance of contracts between establishments and selected candidates.
  • Monthly Attendance Calculation: Establishments can use the TMS to track and record candidates’ monthly attendance.
  • Payment Processing: The TMS can integrate with financial systems to streamline payment processing for monthly stipends to candidates.
  • Reimbursement Claim: Participating establishments can use the TMS to submit reimbursement claims for stipend payments made to candidates.

CONTACT US

HEAD OFFICE

1003-04, 10th floor G-Square Business Park, Jawahar Road, Opposite Railway Station, above Kalyan Jewellers, Ghatkopar East, Mumbai – 400077

BRANCH OFFICE

601 to 603 Aries Galleria, Vasana Road, Vadodara – 390015 Gujarat, India

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Contact TMS:

+91-224-149-8942
+91-224-896-7640

+91-913-602-4090

 

For General Queries:

[email protected]
For Sales:

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