Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship outcome-based skill training scheme of the new Ministry of Skill Development & Entrepreneurship (MSDE). This skill certification and reward scheme aims to enable and mobilize a large number of Indian youth to take up skill training and become employable and earn their livelihood. Under the scheme, monetary reward would be provided to trainees who are successfully trained, assessed and certified in skill courses run by affiliated training providers. This will boost the productivity of the country’s workforce by enabling them to acquire high quality skill training across a range of sectors. It will also bring about a paradigm shift from input-based to outcome-based skill training in the country. It also seeks to significantly scale up skill training activities in the country and enable skill training to happen at a fast pace without compromising quality.Institutional arrangements comprising of the National Skill Development Corporation (NSDC), Sector Skill Councils (SSCs), Assessing agencies and Training Partners are already in place for implementation of the scheme.

Key points of the Pradhan Mantri Kaushal Vikas Yojana are:

  1.  The scheme is implemented in order to provide skills training to youth, including class 10 and 12 drop outs. It aims to cover about 24 lakh people
  2.  A monetary reward is set to be given to the trainees on assessment and certification by third party assessment bodies. The average monetary reward would be around 8,000 rupees per trainee
  3.  Out of the total outlay of 1,500 crore rupees, about 1,120 crore rupees will be spent on skill training of 14 lakh youth
  4.  About 220 crore rupees for special emphasis to recognition of prior learning, about 67 crore rupees are allocated by the government in order to focus on awareness building and mobilization
  5.  An allocation of 150 crore rupees has  been made for training of youth from the North-East region
  6.  It should be noted that the target for skilling would be associated with the recent programmes such as, Make in India, Digital India, Swachh Bharat Abhiyan and National Solar Mission


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