Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is a skill development initiative scheme of
the Government of India for recognition and standardisation of skills.
The aim of the pmkvy scheme is to encourage aptitude towards employable skills and to
increase working efficiency of probable and existing daily wage earners, by giving monetary
awards and rewards and by providing quality training to them.
Average award amount per person has been kept as ₹8,000 (US$110). Those wage earners
already possessing a standard level of skill will be given recognition as per scheme and
average award amount for them is ₹2000 to ₹2500.
In the initial year, a target to distribute ₹15 billion (US$210 million) has been laid down for
Training programmes have been worked out on the basis of National Occupational
Standards (NOS) and qualification packs specifically developed in various sectors of skills.
For this qualification plans and quality plans have been developed by various Sector Skill
Councils (SSC) created with participation of Industries. National Skill Development
Council (NSDC) has been made coordinating and driving agency for the same.
An outlay of ₹120 billion (US$1.7 billion) has been approved by the cabinet for this
project. The scheme has a target to train 1 crore Indian youth from 2016-20. As of 18 July
2016, 17.93 lakh candidates were trained out of 18 lakh who enrolled for the scheme.
Plot No. 334,Visalakshinagar, Visakhapatnam - 530043. Andhra Pradesh, India.