PMKVY 3.0: Govt. launches Pradhan Mantri Kaushal Vikas Yojana(PMKVY) 3.0

News: The government of India has launched the third phase of its flagship skilling scheme Pradhan Mantri Kaushal Vikas Yojana (PMKVY 3.0).

Facts:

• • Pradhan Mantri Kaushal Vikas Yojana(PMKVY): It is the flagship scheme of the Ministry of Skill Development & Entrepreneurship (MSDE) launched in 2015 and implemented by National Skill Development Corporation(NSDC).
  • Objective: To enable a large number of Indian youth to take up industry-relevant skill training that will help them in securing a better livelihood.
  • Under the scheme, Individuals with prior learning experience or skills will also be assessed and certified under Recognition of Prior Learning (RPL).
  • Training and Assessment fees are completely paid by the Government

PMKVY 2.0 (2016-20)

• PMKVY 2.0: After the successful implementation of pilot PMKVY (2015-16), PMKVY 2.0 was launched by scaling up both in terms of Sector and Geography and by greater alignment with other missions of the government of India like Make in India, Digital India, Swachh Bharat.
• Objectives:
  • Enable and mobilize a large number of youths to take up industry designed quality skill training, become employable and earn their livelihood.
  • Increase productivity of the existing workforce, and align skill training with the actual needs of the country.
  • Encourage standardisation of the Certification process and put in place the foundation for creating a registry of skills.
  • To benefit 10 million youth over a period of four years (2016- 2020).

PMKVY 3.0

• Objective: It envisages to train around 8 lakh candidates over the scheme period of 2020-2021.
• Key Features:
  • This phase is designed towards making skill development more demand-driven and decentralised in its approach with a focus on digital technology, Industry 4.0 skills and COVID-related skills.
  • District Skill Committees(DSCs) under the guidance of State Skill Development Missions(SSDM) shall play a key role in addressing the skill gap and assessing demand at the district level.
  • It will encourage healthy competition between states. This is achieved by increasing the allocation to those states that perform better.
  • It will also be a propagator of vocational education at an early level for youth to capitalize on industry-linked opportunities.

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