PMKVY (Syllabus: GS Paper 2 – Govt Schemes)

News-CRUX-10     27th December 2023        

Context: The Government of india has said that nearly one crore 40 lakh candidates have been trained so far under Pradhan Mantri Kaushal Vikas Yojana (PMKVY) since its launch in 2015.

Pradhan Mantri Kaushal Vikas Yojana (PMKVY)

  • About: PMKVY is the flagship scheme of the Ministry of Skill Development & Entrepreneurship (MSDE).
  • Launch: 15th July, 2015 
  • Implemented by: National Skill Development Corporation.
  • Funding: 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 a large number of Indian youth to take up industry-relevant skill training that will help them in securing a better livelihood.
  • Components: Short Term Training, Special Projects, Recognition of Prior Learning, Kaushal & Rozgar Mela, etc.
  • Benefits of Pradhan Mantri Kaushal Vikas Yojana

oProviding a blend of theoretical and technical knowledge to individuals.

oEvaluating individuals with existing skills and subsequently granting certification.

oProviding ongoing assistance for job placements.

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