PradhanMantri KaushalVikasYojana (PMKVY) is a bellwether outcome-based skill development initiative of the new Ministry of Skill Development & Entrepreneurship (MSDE). In the endeavor to make the youth of India employable, it aims to mobilize and develop a large number of the populace. Under this scheme, monetary rewards were being provided to the successfully certified candidates. The training and assessment were to be conducted through affiliated training and separate assessment partners. Acquisition of higher quality skills across various industrial sectors would increase the productivity of the work force manifold. The scheme aims at shifting the focus from input based trainings to outcome based ones. It also aims to scale up the skill and training infrastructure and delivery across the nation without compromising on quality. Institutional arrangements under PPP model, like NSDC, SSCs, Assessing Agencies and Training Partners have already been set up for bringing the scheme to life.
