Pradhan Mantri Kaushal Vikas Yojana: All You Need To Know

Introduction

Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is a skill certification and reward scheme of the Indian government

Aim

PMKVY helps to mobilise and enable a large Indian youth to become employed and take up skill training that is outcome based

Target

• Class 10 and Class 12 dropout students
• Special focus on youth in North Eastern states
• Focus on youth of J&K
• Regions affected by left wing extremism
• PMKVY now extended for another four years till 2020
• Skill training to benefit more than 10 million youth

Nodal Agency

• Ministry of Skill Development and Entrepreneurship
• Implemented through National Skill Development Corporation

Funding

• Initial cost of the scheme is 1500 crores
• Fully sponsored by Central government
• In 2016, budget for PMKVY is extended to 12000 crores
• 67 crore allocated to efforts on mobilisation through skill melas

Key Components of PMKVY

• Short-term training
• Special projects
• Recognition of Prior Learning
• Placement Assistance
• Standardised branding and communication
• Continuous monitoring
• Kaushal and Rozgar Mela

Beneficiaries

• School drop outs
• Economically Weaker sections (EWS)
• Unemployed youth
• Monetary reward for trainees 
• Certification provided by third parties after assessment of candidate

Drop out reasons

• Males engage in economic activities at a younger age
• Females engage in domestic activities for a living
• Lack of interest in education
• Financial constraint 
• Timing of educational institutions not suitable
• Unfriendly
• Unavailability of teachers
• Unfamiliar medium of instruction
• Lack of training institutes

Features

• Part of Skill India Mission
• Roping in training institutes to impart skills to beneficiaries
• Training of students conducted following prescribed standards
• Standards created by industry driven bodies like Sector Skills Council (SSC)
• Targets of skill training aligned with flagship programs such as Digital India, Swachh Bharat, National solar mission and Make in India
• PMKVY has a formal grievance redressal mechanism 
• Online citizens portal setup to convey information about PMKVY
• Industry relevant skill training 
• PMKVY portal includes a complete set of database available to all courses and the various training centres
• Aadhar enabled attendance system
• Training provided on a short-term basis
• Certified under RPL (Recognition of Prior Learning)

Participating Organizations

• Awareness building and training programs conducted in coordination with 
• Panchayati Raj Institutions 
• State governments 
• Community-based organisations and 
• Municipal bodies
• Event management companies to conduct skill miles

Conclusion

• PMKVY is a flagship scheme of GOI that has received good response throughout India and extended for another four years till 2020
• Millions of school drop outs will be trained and placed in industry
• This will improve productivity in due course of time through skilled labour
• PMKVY will increase the skilled workforce in the industry by 2020
• Skilled workforce will directly contribute to Make in India, Digital India and other schemes introduced by GOI