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Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 3.0 and Analysis

Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 3.0 and Analysis On January 15, 2021, the Ministry of Skill Development and Entrepreneurship (MSDE) launched the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 3.0. PM Kaushal Vikas Yojana was launched in 2015. It is an outcome based and demand driven skill training scheme. The objective is skill certification and reward scheme. It is implemented by Center along with states. This is the third phase of the scheme to give a boost to skilling

Government efforts for Skill Development and Entrepreneurship

Government efforts for Skill Development and Entrepreneurship India is 1 of the youngest nations of the World with > 62% of population in the working age group i.e. 15 to 59 years and > 54% population below 25 years. Based on the Census 2011 and NSSO data, 104 million fresh entrants to the workforce will require skill training by 2022. Govt has the vision of "Skilled India" with skilling 500 million by 2022. In contrast to developed co

Industrial Training Institutes (ITIs)

Industrial Training Institutes (ITIs) ITIs are the backbone of the vocational training system, the only  source of supply of skilled manpower to manufacturing industry. There are 11,500 ITIs having about 16 lakh seats.  But this is grossly inadequate.  Only 10% of the workforce has got formal or informal technical training. Only one fourth of this is formally trained. The intake capacity of UG engineering colleges was > 1

NSDM to train a minimum of 300 million skilled people by 2022

NSDM to train a minimum of 300 million skilled people by 2022 Read complete note on Skill Development Efforts of Government of India and then continue reading here Ministry of Skill Development and Entrepreneurship has launched the National Skill Development Mission (NSDM) to provide the overall institutional framework to rapidly implement and scale up the skill development efforts across India. NSDM envisages to train a minimum of 300 million skilled people by the year 2022. Ministry

SANKALP Scheme

SANKALP Scheme Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) Scheme is a World Bank loan assisted programme of the Ministry of Skill Development and Entrepreneurship (MSDE) with three key Result Areas (RA), namely Institutional Strengthening at Central, State, and District level; Quality Assurance of skill development programmes; and Inclusion of marginalized population in skill development programmes. The implementation period of S

Seekho aur Kamao Scheme

Seekho Aur Kamao is a skill development scheme for youth of 14 - 35 years age group and aiming at providing employment and employment opportunities, improving the employability of existing workers, school dropouts etc. In the last 7 years appx. 3.92 lakh persons have been benefitted under this employment oriented scheme. The scheme ensures 75% placement, out of which 50% should be in organized sector. As per scheme guidelines, the implementing organizations will be required to establ

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