Pradhan Mantri Kaushal Vikas Yojana 3rd phase: With Rs 948 crore outlay, PMKVY launch today in 600 districts; 8 lakh people to benefit

The third phase of Pradhan Mantri Kaushal Vikas Yojana (PMKVY 3.0) will be launched on Friday (January 15) in 600 districts across India, said a statement by Ministry of Skill Development and Entrepreneurship.

PMKVY is the flagship scheme of the Ministry of Skill Development & Entrepreneurship (MSDE) implemented by National Skill Development Corporation. The objective of this Skill Certification Scheme is to enable a large number of Indian youth to take up industry-relevant skill training that will help them in securing a better livelihood. Individuals with prior learning experience or skills will also be assessed and certified under Recognition of Prior Learning (RPL).

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Pradhan Mantri Kaushal Vikas Yojana 3rd phase: Key points
*This phase will focus on new-age and Covid-19 related skills.

*Skill India Mission PMKVY 3.0 envisages training of eight lakh candidates over a scheme period of 2020-2021 with an outlay of Rs. 948.90 crore.  

*The 729 Pradhan Mantri Kaushal Kendras (PMKKs), empaneled non-PMKK training centres and more than 200 ITIs under Skill India will be rolling out PMKVY 3.0 training to build a robust pool of skilled professionals.  

*On the basis of the learning gained from PMKVY 1.0 and PMKVY 2.0, the Ministry has improved the newer version of the scheme to match the current policy doctrine and energize the skilling ecosystem affected due to the COVID-19 pandemic.  

*The launch will be done by the Minister for Skill Development and Entrepreneurship, Mahendranath Pandey, in the presence of the Minister of State, Raj Kumar Singh. The event will also be addressed by the State Skill Ministers and Members of Parliament.

“Skill India Mission” launched by the Prime Minister Narendra Modi on July 15, 2015, has gained tremendous momentum through launch of its flagship scheme PMKVY to unlock the vision of making India the ‘Skill Capital’ of the world.