Pradhan Mantri Kaushal Vikas Yojana Eligibility, Goal, Process To Apply

Pradhan Mantri Kaushal Vikas Yojana

The Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship scheme of the Ministry of Skill Development and Entrepreneurship (MSDE) and is managed by the National Skill Development Corporation. The goal of this Skill Certification Scheme is to allow a large number of Indian youth to participate in industry-relevant skill training that will help them secure a better livelihood. Individuals with prior learning experience or skills will also be evaluated and certified under the Recognized Prior Learning programme (RPL).

WHAT EXACTLY IS PMKVY?

Approved for an additional four years (2016-2020) to benefit 10 million youth Budgeted at 12,000 crores The Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship scheme of the Ministry of Skill Development and Entrepreneurship (MSDE) and is managed by the National Skill Development Corporation. The goal of this Skill Certification Scheme is to allow a large number of Indian youth to participate in industry-relevant skill training that will help them secure a better livelihood. Individuals with prior learning experience or skills will also be evaluated and certified under the Recognized Prior Learning programme (RPL).

PM Kaushal Vikas Yojana’s Goal

The PM Kaushal Vikas Yojana will achieve a number of objectives, including:

• The scheme’s primary goal and motivation are to provide employment for unemployed youth.
• The scheme will also include training and development activities that will benefit the youth.
• It will assist the country’s youth in developing their skills.
• It will help to sharpen the skills of the country’s future leaders.
• The concerned authorities will introduce new courses in the scheme’s new phase.

Skill is important for the following reasons:

Demographic dividend: The majority of the world’s major economies have an ageing population. With a favourable demographic dividend, India can seize this opportunity and serve the labour market. However, adequate skilling must be provided to increase employability. There is only a narrow demographic window of a few decades to capitalise on this.
In India, only 10% of the workforce receives skill training, which is very low when compared to other countries such as Germany (75%), Japan (80%), and South Korea (96%).
Sectoral mobilisation: As agricultural productivity rises due to increased mechanisation, fewer people will be needed in the farming sector. As a result, there will be a shift away from this sector and toward other secondary and tertiary activities.

PM Kaushal Vikas Yojana Overview

What are the characteristics of the PM Kaushal Vikas Yojana (PMKVY)

The following features are applicable under the third phase of the PM Kaushal Vikas Yojana :

• MSDE works with state governments and central ministries to have NSQF certification recognised as a requirement for hiring contractual employees.
• It also intends to make hiring NSQF-certified workers a contractual requirement for contractors and vendors.
• PMKVY complies with the National Skill Qualification Framework (NSQF) and the Common Cost Norms. Any changes to these will require the approval of the Steering Committee.
• Training Providers are paid in three instalments: 30% upon the start of training batches, 30% upon placement verification, and 40% upon successful certification.
• Aside from that, other benefits such as post-placement assistance, boarding and lodging, transportation, and additional support are based on Common Cost Norms.
• Candidates interested in learning more about the Pradhan Mantri Kaushal Vikas Yojana may enrol in training under this scheme in the same sector a maximum of two times; the second time must be for a job role aligned with a higher NSQF.
• This is also applicable for new training on a different course in PMKVY, given a six-month gap between the certification date of the first course and the start date of a batch of the subsequent course.
• The payout is only given for enrollment and up to two job roles for these candidates.
• This compensation is available to candidates, SSCs, and PIAs.
• NSDC’s special research cell aims to continuously match demand and supply while also strengthening the Atma Nirbhar Skilled Employee-Employer Mapping (ASEEM) portal.
• SSCs or other relevant institutions will establish Centres of Excellence (CoE), which will serve as a resource and training centre for a specific industry.
• The plan is to establish at least one CoE for each sector.
• With the assistance of the MoE, vocational courses have also been introduced to schools in a phased manner. This component, which is implemented in grades 9 through 12, aims to expose students to skill development avenues for vocational training roles.

Who can qualify for PMKVY?

One of the primary eligibility criteria for any candidate to be enrolled in the scheme is that they be an Indian National by nationality and who:

• Is enrolled in a skill development training programme and wishes to work in a qualifying industry
• Is certified for one year from the date the scheme is introduced.
• On the condition that he receives the reward money for the first and only time in his entire life.

The steps in the Kaushal Vikas Yojana

The following is the procedure for enrolling an eligible candidate in the scheme, undergoing skill training, and receiving the reward and certification under the PMKVY:

• The trainees would enrol in any of the authorised training centers, where they would be assigned a training course and a training partner.
• The training partner would enter all candidate details into SDMS after gathering relevant information from the trainee, thereby facilitating the process even further.
• The trainee would receive training from a training partner at the relevant center, followed by a training assessment.
• Following the assessment, the trainee would be awarded certification for successfully completing the training program.
• The NSDC would disburse the training reward amount to successful trainees after validating their Aadhar Numbers once the certification is handed over to them.

1)How do I apply for the PMKVY programme?
Ans PMKVY Application Form
Step 1: Locate a centre. The first step in registering is to locate a training facility.
Step 2: Complete the portal.
Step 3: Plan Skill Development Training.
Step 4: The candidate is certified.

2)Is the PMKVY class free?
Ans Government of India: National Institute of Electronics and Information Technology.

3)How much money can I get from PMKVY?
Ans The PMKVY scheme awards students between Rs. 5,000 and Rs. 10,000 depending on the course they choose. This reward amount can be used to pay the Training Partner’s course fee.

4)What is the function of the PMKVY certificate?
Ans The Pradhan Mantri Kaushal Vikas Yojana (PMKVY) was launched in 2015 to encourage and promote skill development in the country by providing free short-term skill training and incentivizing youth through monetary rewards for skill certification.

5)How much money does PMKVY have?
Ans 50,000 to Rs. 10 lakh to meet the needs of the country’s youth.