Pradhan Mantri Kaushal Vikas Yojana( PMKVY): Objectives, Advantages, Eligibility &...

Pradhan Mantri Kaushal Vikas Yojana( PMKVY)

Introduction 

Pradhan Mantri Kaushal Vikas Yojana( PMKVY) is a flagship scheme of the Government of India that aims to give skill training and instruments to Indian youth for employment and entrepreneurship openings. Launched on 15 July 2015, the scheme is part of the Skill India Mission, which is an action to produce a professed workforce to meet the demands of the country's growing economy. 

PMKVY is enforced by the Ministry of Skill Development and Entrepreneurship( MSDE) through the National Skill Development Corporation( NSDC) and other training mates. The scheme focuses on providing training in various sectors similar to husbandry, automotive, beauty and heartiness, construction, domestic work, electronics, healthcare, hospitality, IT, retail, cloth, tourism, and others.

Purposes of PMKVY

• The main goal of PMKVY is to offer youth in India high-quality skill training and certification to increase their employability and encourage entrepreneurship. The following goals are what the plan attempts to accomplish:

• Give Indian youth the tools and encouragement they need to enrol in skill-building programmes, become employable, and start their own businesses.

• To develop a trained workforce that can fulfil the demands of diverse industries, promote industry engagement in skill training.

• Give training providers and students incentives and financial support so they can develop their skills.

• Certify and acknowledge the skills that young people learned via the programme in order to increase their prospects of finding work and starting their own business.

• To guarantee quality and applicability, put an emphasis on standardising skill training and assessment.

• Cultivate an entrepreneurial culture among young people and promote self employment 

PMKVY implementation

A network of training partners, which consists of governmental organisations, for-profit training organisations, and trade associations, implements PMKVY. Through a competitive bidding procedure, training providers are chosen based on their track record, infrastructure, and capacity to provide high-quality training.

The training programmes offered by PMKVY are intended to be demand-driven and industry-relevant, and they are in line with the National Skills Qualification Framework (NSQF) to guarantee uniformity and high-quality instruction. Depending on the industry and the intended audience, the courses are provided in both classroom and online formats.

By 2020, PMKVY hopes to have trained and certified 10 million young people. Over 96 lakh individuals had received training and certification via the programme as of March 2021. The program's budget for the 2016–2020 term, which has been extended to 2022, is Rs. 12,000 crore

Achievements

• Providing vocational training to the nation's youth has been a major achievement for PMKVY since its debut in 2015. Over 10 million individuals nationwide have received training under the programme, which has also assisted in lowering unemployment. Some of PMKVY's accomplishments include the following:

• Under PMKVY, more than 10 million applicants have received training nationwide.

• More than 600 job roles in different industries have received training through the programme.

• Over 11,000 authorised training centres (ATCs) have been used to deliver the training nationwide.

• Each candidate received a stipend of Rs. 2,500 from the programme throughout the training phase.

• Each applicant who successfully completes the course will receive a certification from the programme that is respected by the industry.

• The programme has helped to lower unemployment and has given work opportunities to many applicants.

Important aspects of PMKVY

Scheme that is centrally supported

The PMKVY programme is a centrally sponsored programme, which implies that the federal government is funding its execution.

Short-term programmes

The training programmes offered via PMKVY are designed to be both accessible and cheap for a wide number of young people. They range in length from 150 to 300 hours.

Focus on work roles

To ensure relevance and demand-driven skill development, the training courses are created with a specific job function in mind across a range of industries.

Recognition of prior learning

PMKVY certifies people' s talents that they have learned, whether formally or informally, in order to increase their employability.

Funding incentives

For skill training and certification, PMKVY offers cash incentives to both training providers and candidates.

Placement aid

Through partnerships with several sectors and businesses, PMKVY offers placement assistance to students who successfully finish their training and certification.

Monitoring and assessment

To guarantee the calibre and efficacy of the scheme's execution, PMKVY has a strong monitoring and evaluation system in place.

Advantages of PMKVY

• Increased employability: PMKVY offers youth skill training and certification, increasing their employability and preparing them for the workforce.

• Better employment prospects: PMKVY focuses on training in high-growing industries including healthcare, IT, tourism, and other fields that provide strong job prospects and chances for career progression.

• Opportunities for entrepreneurship: PMKVY encourages youth entrepreneurship by giving them the knowledge and assistance they need to launch their own firms.

• Standardisation of skills: PMKVY makes sure that the skill instruction given to youth is consistent and in line with the NSQF, which improves the training's quality and applicability.

• Funding incentives: PMKVY offers cash rewards to both training providers and applicants, which promotes participation and enhances the program's performance.

• Growth that is inclusive: PMKVY focuses on offering skill training to underrepresented groups in society, such women, SC/ST, and people with disabilities. This encourages growth that is inclusive.

• Industry involvement: PMKVY promotes industry involvement in skill development to assist develop a trained workforce that can satisfy the demands of diverse industries.

PMKVY's problems and limits

Lack of infrastructure

It is challenging to offer skill training to a significant number of children due to the lack of infrastructure, particularly in rural regions.

Training quality

The efficacy of the plan is hampered by the inconsistent quality of training offered by different training providers under PMKVY.

Limited reach

Despite having an ambitious goal, PMKVY hasn't been able to go to every corner of the nation, particularly the distant and undeveloped areas.

Limited industry involvement

Despite initiatives to promote industry involvement, many industries still do not actively participate in skill training, which has an impact on the program's success.

Limited work opportunities

Despite the fact that PMKVY offers certification and skill training, the availability of jobs in particular industries is restricted, which has an impact on the employability of trained applicants.

Gender bias

Despite initiatives to advance gender equality, applicants for skill training under PMKVY are still chosen based on their gender.

Finance restrictions

PMKVY's finance is constrained, which has an impact on its potential to scale and long-term viability.

Conclusion 

PMKVY is a flagship scheme of the Government of India that aims to give skill training and instruments to youth in India for employment and entrepreneurship openings. The scheme has the potential to produce a professed workforce that meets the demands of various sectors and promotes inclusive growth. 

Still, the scheme faces several challenges and limitations, similar to lack of structure, quality of training, limited reach, and industry participation. The government needs to address these challenges and make necessary changes to insure the effectiveness and sustainability of the scheme. Overall, PMKVY is a step in the right direction towards creating a skilled and employable workforce in India.