PMKVY 4.0 (Syllabus: GS Paper 2 – Govt Schemes)

Context: The government is readying to launch a National Skill Development Plan, said people familiar with the development.

Key Points

• Aim: It will help map human resource requirements in each district of the country which will form the basis for setting up skilling targets.
• Nodal Ministry: Ministry of Skills Development and Entrepreneurship (MSDE)
• Under the Program: under the fourth-phase of the flagship skilling scheme, Pradhan Mantri Kaushal Vikas Yojana (PMKVY 4.0).
• Focus Area: Labour market and skill gap analysis, mapping demand for skilled workforce in the formal sector and employment generation capacity in each district.

PMKVY 4.0

• Focus: Local opportunities in the farm and non-farm sectors, as well as skilling requirements of the local industry within each district.
• It will also seek to address the requirements of industry from emerging sectors such as drones, artificial intelligence (AI), robotics and mechatronics.

Pradhan Mantri Kaushal Vikas Yojana (PMKVY)

• About: PMKVY is the flagship scheme of the Ministry of Skill Development & Entrepreneurship (MSDE).
• Implemented by: National Skill Development Corporation.
• Objective: To enable a large number of Indian youth to take up industry-relevant skill training that will help them in securing a better livelihood.