PM Kaushal Vikas Yojana 2020-21

Ministry of Skill Development and Entrepreneurship launched the third phase of Pradhan Mantri Kaushal Vikas Yojana (PMKVY) on 15 January 2021 with an aim to empower country’s youth in line with the aim of Skill India Mission to build India as the skill capital of the world.

• PMKVY 3.0 will encourage and promote skill development throughout the country to address industry needs, meet market demands and impart skills in services and in new age job roles that have become crucial with the advent of COVID-19 pandemic.
• One of the key features of this scheme is that it will incorporate the learning from PMKVY 1.0 and PMKVY 2.0 and will be implemented in a more decentralized structure with greater responsibilities and support from States/UTs and Districts.
• 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.
• The new scheme will be more trainee and learner centric addressing the ambitions of Atmanirbhar Bharat.
• Target Group: It aims to benefit over 8 lakh candidates in FY 2020-2021, targeting the youth under the age group of 15-45 years.
• Components: The scheme has two components-
  1. Central Component to be implemented by National Skill Development Corporation, Directorate General of Training
  2. State Component to be implemented by State Skill Development Missions