Pradhan Mantri Kaushal Vikas Yojana PMKVY Franchise:
PMKVY 2.0 Franchise:
Pradhan Mantri Kaushal Vikas Yojana Skill development based scheme for unemployed persons. pmkvy project running in reputed institutions in India.
Pradhan Mantri Kaushal Vikas Yojana Project started in last year name of pmkvy nsdc motive for this project skill development training in indian unemployed youth. pmkvy 2.0 new phase will have a target of skill development of 100 Lakh youth over a period of 4 years (2016-2020).
5 important announcements about Pradhan Mantri Kaushal Vikas Yojana PMKVY scheme:
Unlike the previous phase of the scheme that was for FY 2015-16, the new phase is for 4 years (2016-20).The increased duration will help uninterrupted and continuous implementation of the scheme. This move will positively affect the outcome and the overall impact on skill development and employment ecosystem.
The new phase will have a target of skill development of 1 Crore youth over a period of 4 years. This target is more than 4 times the target of the inaugural phase of Pradhan Mantri Kaushal Vikas Yojana PMKVY. This makes PMKVY as one of the largest skill development programs globally.Out of the total target of 1 crore,75 lakhs will be fresh skilling and 25 lakhs will be for Recognition of Prior Learning(RPL) of existing workforce.
The Government has allocated a budget of Rs.12000 Crore towards the next phase of the scheme. It highlights the importance and priority Government is giving for resource mobilization for the success of Skill India Mission. This will further augment the Country’s position in becoming the Skill Capital of the World.
To ensure wide and equitable coverage, the scheme has special provisions for residential training for People with Disability(PWD),North Eastern Region(NER),Kashmir & Keh region,Andaman ,Nicobar,Lakshadweep and Left Wing Extremism (LWE) affected areas.
Pradhan Mantri Kaushal Kendra(Model Skills Centres) will be established in each district of the country to ensure inclusiveness and to make skill development more aspirational .
The addition of residential training component to Pradhan Mantri Kaushal Vikas Yojana PMKVY will encourage enrollment, participation, and completion of training and will give the much-needed support to special areas and groups.
The implementation of the scheme has been entrusted to National Skill Development Corporation(NSDC). State Governments and State Skill Development Missions (SSDM) will also be involved for implementation of one fourth of both the financial and social targets.
The announcement that came 2 days before the World Youth Skill Day to be celebrated on 15th July is a gift for the youth and a boost to Skill India.
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