Pradhan Mantri Kaushal Vikas Yojna or Skill Development Scheme

Here we shall discuss about Pradhan Mantri Kaushal Vikas Yojna or PM Skill Development Scheme that aims to provide skill-based training to youth which helps them to earn a job and livelihood. 

Pradhan Mantri Kaushal Vikas Yojna or Skill Development Scheme

• Launched: 15-Jul-2015
• Ministry: Ministry of Skill Development and Entrepreneurship

Objective:

The objective of this Skill Certification Scheme is to enable a large number of Indian youth to take up industry-relevant skill training that will help them in securing a better livelihood. Individuals with prior learning experience or skills will also be assessed and certified under Recognition of Prior Learning (RPL). Under this Scheme, Training and Assessment fees are completely paid by the Government.

Salient Features:

• Enable and mobilize a large number of youth to take up outcome-based skill training and earn their livelihood. 

• It is a skill certification and reward scheme wherein trainees after their successful assessment and certification, get monetary reward through direct bank transfer to their account. 

• The scheme has the target to benefit 24 lakh persons across the country with training of 14 lakh fresh entrants and certification of 10 lakh persons under Recognition of Prior Learning (RPL).

Scheme is implemented by:
The National Skill Development Corporation (NSDC), the Public Private Partnership (PPP) entity is the implementing agency for PMKVY.

Key Components of Scheme:

• Short-term training
• Recognition of Prior Learning (RPL)
• Special Projects
• Kaushal and Rozgar Mela
• Placement assistance
• Continuous monitoring
• Standardized branding and communication