Save Big on Taxes with Expert Assisted ITR Filing from ₹799!

Got an ITR notice? Talk to our CA for the right response.
Schemes

Pradhan Mantri Kaushal Vikas Yojana – Special Projects

Explore the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) and its impact on skill development. Learn about the goals, scheme details, and the process for PMKVY registration.

Pradhan Mantri Kaushal Vikas Yojana Special Projects aim to establish a platform for training in unique fields or locations such as government bodies, corporations, and industry entities. These projects involve specialised job roles that are not covered by existing Qualification Packs (QPs) or National Occupational Standards (NOS). Deviating from the short-term training guidelines, Special Projects can be proposed by various stakeholders, including central or state government institutions, autonomous bodies, statutory bodies, corporations, or equivalent organisations aiming to provide training to candidates.

Pradhan Mantri Kaushal Vikas Yojana (PMKVY)

The Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is a flagship scheme of the Government of India launched on 15th July 2015, on World Youth Skills Day. The scheme aims to provide skill development training to Indian youth and promote entrepreneurship development. Here are some key features and facts about the PMKVY scheme:

Pradhan Mantri Kaushal Vikas Yojana (PMKVY) – Overview

The PMKVY scheme is an initiative of the Government of India to provide skill development training to Indian youth. The scheme aims to standardize and recognize skills and provide industry-relevant training to promote employability. The scheme is implemented by the Ministry of Skill Development and Entrepreneurship (MSDE) and is managed by the National Skill Development Corporation (NSDC).

PMKVY Scheme Launch Date

The PMKVY scheme was launched on 15th July 2015, on World Youth Skills Day. The scheme is India’s largest Skill Certification Scheme and aims to provide free short-duration skill training and incentivize skill development.

PMKVY Scheme Benefits

The PMKVY scheme provides a range of benefits to Indian youth, including:

  • Skill development training to promote employability
  • Job opportunities in various sectors
  • Industry-relevant training to promote entrepreneurship development
  • Recognition of prior learning
  • Financial support for training and entrepreneurship development
  • Recognition and certification of skills
  • Enhanced earning potential

PMKVY Scheme Objectives

The PMKVY scheme aims to promote skill development in India and provide employment opportunities to Indian youth. The scheme aims to standardize and recognize skills and provide industry-relevant training to promote employability. The scheme also aims to promote entrepreneurship development and provide financial support for training and entrepreneurship development.

Documents Required For Pradhan Mantri Kaushal Vikas Yojana

The documents required for the PMKVY scheme include – 

  • Aadhaar Card
  • Educational Certificates
  • Residence Proof
  • Bank Account Details
  • Training Center Enrollment Form
  • Passport Size Photographs
  • Income Certificate
  • Caste Certificate
  • Disability Certificate and 
  • Training Center Fee Receipt

Pradhan Mantri Kaushal Vikas Yojana Eligibility Criteria

The eligibility criteria for the PMKVY scheme include an Aadhaar card, Indian identity proof, voter ID, bank account, and national identity proof.

Kaushal Vikas Yojana Online Registration 2023

The PMKVY scheme registration process is available online through the official website. The registration portal provides an online application for the Skill Development Scheme.

PMKVY Registration Fees

The PMKVY scheme registration fees vary depending on the franchise and are generally as follows: 

  • Registration Fees: 15000/-
  • Inspection Fees: 14000/-
  • Course Affiliation Fees: 6000/-
  • Yearly Monitoring Fees: 12000/- 
If you’re eligible the fee for launching a franchise under the scheme may also be approximately INR 12000, and the monitoring fee may be around INR 8000

Other incentives for PMKVY training

The PMKVY scheme introduced Short Term Training (STT) to promote employability. The scheme provides Recognition of Prior Learning (RPL) to recognize skills and provide training based on the National Skill Qualification Framework (NSQF) and industry-led standards. 

The scheme also provides financial support for training and entrepreneurship development.

Impact of PMKVY

The impact of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) has been significant across various dimensions:

Impact on Employment

The PMKVY has positively impacted employment by providing industry-relevant skills and training to Indian youth, leading to increased employability. The scheme has contributed to the placement of trained individuals in wage employment and self-employment, thereby enhancing their livelihood opportunities.

Impact on Rural India

The PMKVY has had a notable impact on rural India by providing skill development opportunities to empower rural youth and enhance their employability. The scheme offers diverse training programs tailored to local industry needs, benefiting rural youth in the North East region and other rural areas across India.

Impact on Entrepreneurship

The PMKVY has played a role in promoting entrepreneurship by providing relevant skill development training and enabling individuals to secure a better livelihood. The scheme has also focused on imparting training in soft skills, entrepreneurship, financial literacy, and digital literacy, contributing to the development of entrepreneurial skills among the trained individuals.

Impact on Technology

The PMKVY has contributed to the development and adoption of technology by providing training in special job roles and facilitating training in special areas and premises of government bodies, corporate entities, and industry bodies. The scheme has also incentivized the implementation of Recognition of Prior Learning (RPL) projects to assess and certify individuals with prior learning experience or skills.

Impact on Other Socio-Economic Indicators

The PMKVY has positively impacted other socio-economic indicators by providing skill development training to enhance the quality of life, improve educational opportunities, and boost economic activities. The scheme has also aimed to reduce carbon emissions through the promotion of renewable energy sources and improved access to electricity.

The PMKVY has been instrumental in addressing the skill development needs of Indian youth, particularly in rural areas, and has contributed to enhancing their employability, fostering entrepreneurship, and promoting the adoption of technology. 

The scheme’s impact on employment, rural India, entrepreneurship, technology, and other socio-economic indicators underscores its significance in driving skill development and economic empowerment across the country.

Type of Organisations, Who Can Apply:

  • Specialised Organisations: These organisations encompass NGOs, research laboratories, educational or financial institutions, and other expert entities that possess experience and expertise in working with marginalised communities or operating in challenging geographic regions.
  • Exclusive Job Placements: Corporations, industry associations, sector skill councils (SSCs), and other sponsored organisations aggregate industry demands and ensure 90% guaranteed job placements for individuals.
  • Government Bodies: Ministries, government departments, private training institutions operating under government schemes and institutional frameworks can propose training programs.
  • Innovative Skilling Models and International Placements: Organisations that already offer or propose innovative entrepreneurial skilling models, as well as those providing international job placements.
  • Skilling-focused Entities or Training Providers: Entities whose primary business revolves around skill development, particularly those already engaged in the Skill Training and Training (STT) program of PMKVY 3.0, can implement programs on behalf of various ministries and government departments. Additionally, SSCs are encouraged to collaborate with industry associations for captive job placements.

To Sum Up

The Pradhan Mantri Kaushal Vikas Yojana (PMKVY) scheme is an initiative of the Government of India to provide skill development training to Indian youth and promote entrepreneurship development. 

PMKVY scheme has provided skill development training to Indian youth and promoted employability, recognition of prior learning, and entrepreneurship development.

Pradhan Mantri Kaushal Vikas Yojana FAQs

What is the slogan of PMKVY?

The slogan of the PMKVY scheme is Kaushal Bharat, Kushal Bharat (Skilled India, Successful India).

What is the success rate of PMKVY?

The PMKVY scheme has trained over 1.5 crore candidates and has a placement rate of 70%.

Is PMKVY a centrally sponsored scheme?

Yes, the PMKVY scheme is centrally sponsored.

Who implemented PMKVY?

The PMKVY scheme is implemented by the Ministry of Skill Development and Entrepreneurship (MSDE) and is managed by the National Skill Development Corporation (NSDC).

What is the impact of the Skill India mission?

The Skill India mission aims to provide skill development training to Indian youth and promote entrepreneurship development. The mission has had a positive impact on employment rates, earnings, and finding employment related to skills learned.

Who introduced Skill India?

The Skill India mission was introduced by the Government of India in 2015 to provide skill development training to Indian youth and promote entrepreneurship development.

Read More-


Subscribe to our newsletter blogs

Back to top button

Adblocker

Remove Adblocker Extension