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Pradhan Mantri Kaushal Vikas Yojana

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Why in the News?

Third phase of Pradhan Mantri Kaushal Vikas Yojana (PMKVY 3.0) to be launched

About

Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship scheme of the Ministry of Skill Development & Entrepreneurship (MSDE)
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)

What are the key components of the PMKVY scheme?

Short Term Training
Special Projects
Recognition of Prior Learning
Kaushal & Rozgar Mela
Placement Assistance
Continuous Monitoring
Standard Branding & Communication