Pradhan Mantri Kaushal Vikas Yojana

Context:

• Under Skill India Mission, Ministry is implementing its flagship scheme Pradhan Mantri Kaushal Vikas Yojana (PMKVY) to impart skill development training to prospective youth of the country.
• Since inception of PMKVY i.e. 2015, as on 31.12.2021, 4.22 lakh candidates have been trained under Short Term Training (STT) and 7.17 lakh candidates have been oriented under Recognition of Prior Learning (RPL) in the North Eastern States.

About:

• Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is a skill development initiative scheme of the Government of India for recognition and standardisation of skills.
• The aim of the PMKVY scheme is to encourage aptitude towards employable skills and to increase working efficiency of probable and existing daily wage earners, by giving monetary awards and rewards and by providing quality training to them.
• Average award amount per person has been kept as ₹8,000 (US$110). Those wage earners already possessing a standard level of skill will be given recognition as per scheme and average award amount for them is ₹2000 to ₹2500.
• In the initial year, a target to distribute ₹15 billion (US$200 million) has been laid down for the scheme.
• Training programmes have been worked out on the basis of National Occupational Standards (NOS) and qualification packs specifically developed in various sectors of skills.
• For this qualification plans and quality plans have been developed by various Sector Skill Councils (SSC) created with participation of Industries. National Skill Development Council (NSDC) has been made coordinating and driving agency for the same.

Way Forward:

• India at the time when it is hitting the demographic sweet spot it is necessary to channelize the same.
• As the Industry 4.0 is going to change how the future of manufacturing will be, skilling the youth of the country plays an important role in coping with the new challenges.

Source: THE HINDU

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