Daily News Analysis ‘Pradhan Mantri Kaushal Vikas Yojana (PMKVY) ’ : 5 June

Why in News: 

  • The Public Accounts Committee (PAC), citing a Comptroller and Auditor General (CAG) audit, reviewed the implementation and outcomes of the PMKVY scheme.

Key Facts

  • PMKVY (Pradhan Mantri Kaushal Vikas Yojana) is the flagship skill development scheme of the :contentReference[oaicite:0]{index=0} (MSDE).
  • Launched: 2015.
  • Objective: To provide industry-relevant skill training to youth and improve their employability.
  • Implemented through certified training centres and assessment agencies across the country.

Major Features

  • Focuses on Short-Term Training (STT), Recognition of Prior Learning (RPL), and skill certification.
  • Provides skill training aligned with the National Skills Qualification Framework (NSQF).
  • Aims to promote Skill India Mission and create a skilled workforce.