Pradhan Mantri Kaushal Vikas Yojana Objective

In 2015, PMKVY’s implementation was to stimulate and promote skills development across the nation. To achieve this goal, it will be providing the youngsters with training in courses for a limited period. It offers monetary incentives to those who complete the course and have their abilities certified. The government of India intends to give the nation’s young people training to assist them in developing skills that are applicable in the working world.

Pradhan Mantri Kaushal Vikas Yojana Objectives

• This skill certification scheme aims to assist many young people in India in obtaining training in skills that apply to their professions and will assist them in making a better life for themselves.
• Pradhan Mantri Kaushal Vikas Yojana’s (PMKVY) Objective is to raise the number of young people who get training in various skills so that the nation may become more productive and the training and certification provided can satisfy the nation’s requirements.
• Make it possible for the participation of youngsters in high-quality, industry-specific skill training and encourage them to find employment and support themselves.
• The PMKVY 1.0 program was so successful that it was reintroduced as PMKVY 2.0 (2016-2020), with a budget of Rs. 12000 crores and aims to reach 10 million young people by 2020. PMKVY 1.0 trained more than 19 lakh students instead of the projected 24 lakh.
• 2015 was the year that saw the launch of the government’s flagship initiative, the Pradhan Mantri Kaushal Vikas Yojana (PMKVY), which is part of the Skill India Mission.
• The UPA Government established the National Skill Development Mission in the year 2010.

The Components of PMKVY 

Short-Term Training (STT): 

• The Short-Term Training provided at Centres is intended for those who have left their education unfinished at the secondary school or college level or are already unemployed.
• The duration of training is typically between two and six months or two hundred and sixty hours. However, this might vary depending on the position.
• The instruction will be delivered following the (NSQF). The entrepreneurship, soft skills, digital literacy, and financial literacy classes are in the syllabus.
• Candidates who have completed their examinations and obtained their certificates may get assistance from Training Partners in their job search.

Special Projects 

• The objective of the Special Projects component of PMKVY is to support training for specialised vocations and pieces of training in specially designated spaces and buildings of government agencies, corporations, and industry groupings.
• The qualification packs and National Occupational Standards (NOS) currently available do not provide coverage for them.
• These are the projects for which there is a possibility that the PMKVY STT guidelines will need some modifications.

Recognition of Prior Learning

• People who have already learned something or have abilities are assessed and granted a certificate as part of (the RPL) component of the Scheme. This aspect of the Scheme is also known as prior learning recognition.
• The NSQF is intended to be brought into alignment with the abilities of the country’s unregulated workforce via the use of RPL.
• The time spent on orientation and training might range from 12 to 80 hours.

Kaushal and Rozgar Mela

• Training Partners (TPs) are required to facilitate the mobilisation of local communities by organising Kaushal and Rozgar Melas on a semiannual basis.
• The participation of the press in KRM lends an air of openness and accountability to the event, therefore illuminating the state of progress.
• Aside from that, organising events such as National Career Service Melas and other gatherings would broaden the exposure that the youngsters get in general and assist them in being active in the areas in which they live.

PMKVY 1.0:

• On July 15, 2015, PMKVY became operational. This program is India’s most comprehensive skill certification initiative. (International Youth Skills Day)
• By providing young people with free training in skills for a limited period and offering financial incentives to young people who have their skills recognised, the purpose is to stimulate and promote skill development in the nation.
• The National Skills Development Corporation (NSDC) is instructed on how to put the (PMKVY) into action by the (MSDE).
• Key Components Consist of Short-Term Training, Special Projects, Prior Learning Recognition, Kaushal & Rozgar Mela, etc.
• The final tally shows that 19,85 lakh individuals received training throughout the 2015-16 academic year.

PMKVY 2.0:

• Coverage: The Pradhan Mantri Kalyan Vikas Yojana (PMKVY), also known as PMKVY 2.0, was initiated by expanding the Scheme in terms of the sector, as well as by making it more compatible with other government missions.
• Budget: Rs. 12,000 Crore.
• The NSDC was in charge of implementing the “Centrally Sponsored Centrally Managed” (CSCM) component of the program. Seventy-five % of the PMKVY money has already been distributed.
• The respective governments of the state managed this portion of the program via their respective state skill development missions. It was referred to as the (CSSM). The CSSM program has allotted twenty-five % of the PMKVY.
• More than 1.2 crore young people have been taught and given direction via an upgraded and standardised skilling ecosystem in the nation as part of PMKVY 1.0 and PMKVY 2.0. These programs were implemented in India.

Conclusion

India is the world’s second-most populous nation, and it has a good number of young people who need employment opportunities both inside and outside of the country. Because of this circumstance, individuals need the appropriate training to recruit and run a successful firm. In this manner, the PMKVY will contribute to creating a significant number of work opportunities. In conjunction with this, the nation’s economy would be on the right road, which would lead to a stable economy all over the globe.