-
Government allocates Rs.12,000 crore for Pradhan Mantri Kaushal Vikas Yojna
Last updated on Jul 14, 2016, 06:38 pm
-
The Cabinet on Wednesday cleared a Rs.12000 crore outlay for the second phase of PMKVY to train 60 lakh youngsters and certify 40 lakh informally-skilled workers under the Recognition of Prior Learning, over the next four years.
The revamped version includes revival of the traditional Guru-Shishya approach with the help of local craftsmen and traders signalling the government's focus on improving efficiency and productivity.
-
Description
Outlines of the Pradhan Mantri Kaushal Vikas Yojna
-
The PMKVY is an initiative by the Government of India which aims to enable and mobilize a large number of youth to take up skill-training, making them employable and capable of earning their livelihood.
It enlists 5 steps: Finding a training centre, getting enrolled, learning a skill, getting assessed and certified and obtaining a reward.
It will boost the productivity of the country's workforce.
-
Data
First phase of PMKVY
-
In phase one of PMKVY last year, the government trained some 1.97 million people against a target of 2.4 million. But only 1.27 million of these trainees have been certified and the placement to skilling ratio is estimated to be less than 0.5%.
-
14 Jul 2016
Government allocates Rs.12,000 crore for Pradhan Mantri Kaushal Vikas Yojna
-
The Cabinet on Wednesday cleared a Rs.12000 crore outlay for the second phase of PMKVY to train 60 lakh youngsters and certify 40 lakh informally-skilled workers under the Recognition of Prior Learning, over the next four years.
The revamped version includes revival of the traditional Guru-Shishya approach with the help of local craftsmen and traders signalling the government's focus on improving efficiency and productivity.
-
Information
Government's Recognition of Prior Learning Scheme
-
The RPL scheme is a sub-component of the PMKVY project that was rolled out in 5 states for 15-months. It aimed to certify skills acquired by workers in the unorganised sectors through traditional, non-formal learning channels. It hit certain roadblocks as some trainees left midway.
-
14 Jul 2016
Scheme specifics
![Scheme specifics]( "Scheme specifics")
-
In accordance with the Common Norms, the government will pay third party agencies directly instead of handing over money to trainees, and a quarterly review of the scheme has been introduced.
Financial support will be in the form of boarding and lodging cost and travel allowance, and post-placement support through Direct Benefit Transfer.
It will also include training people to work overseas.
-
14 Jul 2016
Role of the state governments in the PMKVY scheme
![Role of the state governments in the PMKVY scheme]( "Role of the state governments in the PMKVY scheme")
-
In order to address the unique skill requirements of different states, state governments would be involved under the PMKVY 2016-20 through a project based approach and will be allotted 25% of the total training targets.
The budget for achieving 25% of the total training targets in the second phase of PMKVY would be directly allocated to the states.
