PM Kaushal Vikas Yojana: Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship scheme of the Ministry of Skill Development & Entrepreneurship, Govt. of India, to prepare Indian youth for a skilled manpower force in the coming years with vocational training and certification, thereby making them employable & self-reliant.
Key Objectives of PMKVY
Hence, we need to have a platform where the scale of youth can indeed be trained and certified in various skills (skill development) across India.
- Employment: The employment helpline to provide stable jobs for the youth and create more job opportunities.
- Entrepreneurship: To motivate for the Entrepreneur and self employment by the youth
- Global Equality: To enable Indian youth to compete in the global market.
Components of PMKVY
- Quick Courses: These are the courses conducted for skilled laborers to master a skill or trade; they can be of 3–6 months.
- Apprenticeships: Training lasts up to 2 years in various areas.
- Targeted Projects: Concentrate on areas or sectors with high unemployment.
- ACKNOWLEDGEMENT & REWARDS: Rewards are given under various training programs after the successful completion of them.
Benefits of PMKVY
- Free/Subsidized Training: Free/subsidised training programs shall be available for participants.
- On-Site Certification: Successful completion results in nationally recognized certifications.
- It creates employment opportunities: The scheme is providing direct & earliest access of trained trainees to employers.
- Support Entrepreneurship: Provides support and the necessary resources for someone who aspires to own their business.
- Enhancing skills: The scheme will also help existing workers to enhance their skill sets.
Impact of PMKVY
Needless to say, PMKVY has transformed the lives of millions of young Indians. It has enabled them to learn new skills, get better jobs and ultimately play a part in growing the economy of this country. Besides solving problems of unemployment, especially among rural youth the scheme has also reduced other social maladies.
Future Outlook
Thus, the Government of India keeps expanding and upgrading PMKVY to cope with changing aspects in job market trends. PMKVY is set to be a game changer for India, as it will nurture quality training and industry-relevant skills that the employers have themselves laid down & recalibrate its placement services.
PMKVY is a dream project of the government that has been successful in generating employment for millions of young Indians and helping them acquire skills, which have contributed immensely to the skill development scenario within the country. This tokenizes the positive of having quality, accessible opportunities for every citizen, which will help to build a labor force with competencies and qualifications.
