WHAT IS PMKVY?
Approved for another four years (2016-2020) to benefit 10 million youth Allocated Budget 12,000 Crores
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).The major objective of Special Projects under Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is to encourage trainings to vulnerable and marginalised groups of society in types, locations, formats, institutional settings, or premises of government bodies, corporates and industry bodies that may deviate from the existing course of training type, implementation and mechanism, as specified under the Short Term Training component under PMKVY. The objective of the Special Projects is to create innovative, critical, creative and practical projects that have the potential to impact various marginalised, vulnerable, socially disadvantaged, hidden and hard-to-reach population of the society through placement-linked and entrepreneurial skill development trainings. These projects call for participation of each of the stakeholders for a time-bound training and capacity building programmes to prepare the marginalised sections of the society to be able to contribute in the mainstream economy of the Country.