SKILL INDIA
Government has launched SKILL INDIA
on the occasion of the first-ever World
Youth Skills Day on 15th July, 2015 in
New Delhi. During the event, Prime
Minister Narendra Modi unveiled the Skill
India logo and launched four landmark
initiatives of the Ministry of
Skill Development and
Entrepreneurship: National
Skill Development Mission,
National Policy for Skill
Development and
Entrepreneurship 2015,
Pradhan Mantri Kaushal
Vikas Yojana (PMKVY)
scheme and the Skill Loan
scheme. Speaking on the
occasion, the Prime Minister
articulated a clear vision for Skill India.
Highlighting the centrality of skills to
India’s development, he called upon government,
private sector and India’s youth
to work together to make this vision a
reality.
The Pradhan Mantri Kaushal Vikas
Yojana (PMKVY), the Ministry’s flagship,
demand-driven, reward-based skill training
scheme will incentivise skill training
by providing financial rewards to candidates
who successfully complete
approved skill training programmes.
Over the next year, PMKVY will skill 24
lakh youth, across India. For the first
time, the skills of young people who lack
formal certification, such as workers in
India’s vast unorganised sector, will be
recognised. Through an initiative known
as ‘Recognition of Prior Learning’ (RPL),
10 lakh youth will be assessed and certified
for the skills that they already possess.
Loans ranging from Rs
5,000-1.5 lakhs will be made available
