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 schemes. It is implemented by the Center along with states.
This is the third phase of the scheme to give a boost to ski
Government efforts for Skill Development and Entrepreneurship
India is 1 of the youngest nations in the World with > 62% of the population in the working age group i.e. 15 to 59 years and > 54% of 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 devel
Industrial Training Institutes (ITIs)
ITIs are the backbone of the vocational training system, and the only source of supply of skilled manpower to the 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 >
NSDM to train a minimum of 300 million skilled people by 2022
Read the complete note on Skill Development Efforts of the 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 training a minimum of 300 million skilled people by the year 2022.
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 the youth of the 14 - 35 years age group and aims 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 benefitted under this employment-oriented scheme.
The scheme ensures 75% placement, out of which 50% should be in the organized sector.
As per scheme guidelines, the implementing organiza
Sector Skill Councils
What are Sector Skill Councils?
Since its inception, one of the major pillars of NSDC’s strength is Sector Skill Councils (SSCs), which play a vital role in bridging the gap between what the industry demands and what the skilling requirements ought to be.
The National Occupational Standard is one of the most significant contributions of NSDC to India's skilling ecosystem - something that was made possible by the SSCs, which are national partner organiza
Skill Development in India: Challenges and Issues
The 13th Federation of Indian Chambers of Commerce and Industry (FICCI) Global Skills Summit 2022 was recently inaugurated by the Union Skill Development and Entrepreneurship Minister.
Theme: Making It Happen: Education to Employability.
What is the Current Situation of Skill Development in India?
According to the 2015 Report on National Policy on Skill Development and Entrepreneurship, only 4.7% of India's total