About Pradhan Mantri Kaushal Vikas Yojana (PMKVY)

Launched in 2015, it is a flagship program of the Ministry of Skill Development and Entrepreneurship (MSDE) implemented by the National Skill Development Corporation (NSDC). 

Under PMKVY, training and assessment fees are paid completely by the Government. Pay-outs are provided to the Training Providers (TPs) in alignment with the common norms. 

Funding: The scheme is being implemented at the Centre and the State level with a 50:50 allocation of funds and targets with more enhanced involvement of District Skill Committees (DSC).

Objective: To enable Indian youth to take up industry-relevant skill training that will help them in securing a better livelihood. 

Individuals with prior experience are also assessed and certified under Recognition of Prior Learning (RPL).

Key Components:

Short Term Training: STT component imparted at PMKVY Training Centres (TC) is expected to benefit candidates of Indian nationality who are either school/college dropouts or unemployed. 

Recognition of Prior Learning (RPL): It is a skill certi?cation component to enable Indian youth to take on industry-relevant skill certification which will help them to secure a better livelihood. Individuals with prior learning experience or skills can register themselves and get assessed and certi?ed under the RPL component of PMKVY. 

It focuses mainly on individuals engaged in unregulated sectors

Special Projects: It envisages the creation of a platform that will facilitate training in special areas and/or premises of Government bodies, corporates or industry bodies, and training in special job roles, not defined under the available Qualification Packs (QPs)/National Occupational Standards (NOS).

About Skill India Mission:

Skill India Mission is an initiative of the Government of India, launched by the Prime Minister on the 16th of July 2015 with an aim to train over 40 crore people in India in different skills by 2022.

It includes various initiatives of the government like

National Skill Development Mission,

National Policy for Skill Development and Entrepreneurship, 2015,

Pradhan Mantri Kaushal Vikas Yojana (PMKVY)

Skill Loan scheme

Comments

Be the first to add a comment