Currently, only a very small proportion of India’s workforce has any formal skill training. Not surprisingly therefore several sectors of the country’s economy face shortage of skilled people and are mired with low productivity levels due to poor quality of workforce. At the same time, large sections of the country’s youth are looking for economic and livelihood opportunities. In this context, skill development has become a key priority area for the country. This is not only essential for economic development, but would help to fulfill youth aspirations for good quality, better paid jobs and self-employment opportunities. This would also enable the country to take advantage of its favorable demographic profile. With a large pool of skilled people, India has an opportunity to become a skill provider for the world, particularly the ageing developed world.
Pradhan Mantri Kaushal Vikas Yojana (2016 – 2020) is a modified and improved version of PMKVY 2015-2016. It is the flagship outcome-based Skill Training Scheme of the Ministry of Skill Development & Entrepreneurship (MSDE). This Skill Certification Scheme aims to enable and mobilize a large number of Indian youth to take up skill training and become employable and earn their livelihood. This will boost the productivity of the country’s workforce by enabling them to acquire high quality skill training across a range of sectors. The objective of this Scheme is to encourage and promote Skill Development for the youth throughout the country. Key features of this scheme includes:
The objective of this Scheme is to encourage skill development for youth by providing placement linked skill training. Specifically, the Scheme aims to
In line with the objectives stated above, this Scheme is applicable to any candidate of Indian nationality who:
The objective of this Scheme is to encourage skill development for youth by providing placement linked skill training. Specifically, the Scheme aims to
In order to enable the newly skilled persons to settle into their new jobs/vocations, post placement support would be provided directly to the candidates at the rate of INR 1450 per month for the duration mentioned in table.
