Prime Minister Narendra Modi will launch the Skill India Campaign on the occasion of World Youth Skills Day today. Mr Modi will also formally launch the National Skill Development Mission, unveil the new National Policy for Skill Development and Entrepreneurship 2015 and roll out on all-India flagship scheme, Pradhan Mantri Kaushal Vikas Yojana (PMKVY).<br/><br/>Skill Development and Entrepreneurship Minister Rajiv Pratap Rudy said, the National Skill India Mission will converge, coordinate, implement and monitor skilling activities across India. He said, it will also be a vehicle to achieve the objectives of the National Policy for Skill Development and Entrepreneurship 2015, which will provide policy direction and guidance to all stakeholders in the skill development and entrepreneurship ecosystem.<br/><br/>Mr Rudy said, the launch of the Skill India Campaign is an important milestone towards achieving the objective of skilling with speed, scale and standards across the country. He said, this event will bring together key stakeholders including central ministries/departments, state governments, leading industry bodies, and trainees. <br/><br/>The Minister said partnerships with all these stakeholders is vital to ensure that Skill India, is a success. Mr Rudy said, a 'Skill Loan' initiative will be launched at the event, where loans from 5,000 to 1.5 lakh rupees will be available to more than 34 lakh youth, who seek to attend skill development programmes, over the next five years.