Credit Score powered by our Bureau Partners ® |
CreditMantri Finserve Private Limited
CreditMantri Finserve Private Limited Unit No. B2, No 769, Phase-1, Lower Ground Floor, Spencer Plaza, Anna Salai, Chennai - 600002
Have any queries? Click here for more details
All written queries will be responded within 1 working day.
We'd love to help you through every step along the way.
Is your Credit Score >750?
PMKVY - Pradhan Mantri Kaushal Vikas Yojana is the flagship scheme of the Ministry of Skill Development & Entrepreneurship (MSDE). This Skill Certification Scheme aims at encouraging a large number of Indian youth to equip themselves with industry-relevant skill training so that they are qualified at securing the right job to support their livelihood. The scheme also assesses and allows experienced individuals for a certification under Recognition of Prior Learning (RPL). This Training and Assessment under this scheme is free and fully sponsored by the Government. It is currently approved for the years 2016-2020 with a budget allocation of Rs. 12,000 crores.
The benefits under the PMKVY are offered under the following categories
The Short Term Training imparted at PMKVY Training Centres (TCs) is primarily designed for Indian youth who are either school/college dropouts or unemployed.
Objective of the Short Term Training Scheme
Key Features of the Scheme
This scheme is aimed at individuals with prior learning experience or skills. These individuals are assessed under the Recognition of Prior Learning (RPL) component of the Scheme.
Objectives of the RPL Scheme:
Key features of the RPL Scheme:
RPL shall be undertaken by Project Implementing Agencies (PIA) through any of the three project types laid down in the guidelines
PIAs shall chiefly comprise of Sector Skill Councils (SSCs) or any other agencies designated by MSDE/NSDC. Assessment Agencies (AAs) are not permitted to be PIAs under RPL.
All RPL candidates shall undergo a 5-step RPL process
Table of Pass Percentage for a QP basis NSQF Level
Upon successful completion of the training, candidates will be provided a Skill Certificate/mark sheet/payout in accordance to their eligibility
NSQF Level | Pass Percentage required |
1, 2, 3 | 50% |
4 & above | 70% |
Special Projects are certain projects that deviate from the actual definition of short term training under PMKVY guidelines. These special training projects can be initiated either by Government Institutions of Central and State Government(s), Autonomous bodies, Statutory bodies, or any other equivalent body or corporates, which desires or intends to have fresh training of their candidates.
Objectives of the Special Projects Scheme:
Key features of the Special Projects Training
Kaushal and Rozgar Melas are conducted by Training Partners every six months to mobilize participation from aspiring and eligible candidates for the PMKVY schemes. It is usually conducted in the presence of press/media coverage to increase mobilization. The Training Partners are also required to participate actively in National Career Service Melas and on-ground activities.
Objectives of the Kaushal and Rozgar Mela
Key features of Kaushal and Rozgar Mela
PMKVY scheme was launched with the ultimate objective of linking the aspects of aptitude, aspiration, and knowledge of the skilled workforce it creates with employment opportunities and demands in the market. Therefore, it is of paramount importance that the Training Centres (TCs) under PMKVY provide placement opportunities to candidates, trained and certified under the Scheme. TPs shall also provide support to entrepreneurship development.
As per PMKVY guidelines, placement means providing wage employment or self-employment to candidates, trained and certified under the scheme. In case of wage employment, candidates shall be placed in jobs that provide wages at least equivalent to or above the minimum wages prescribed in the Minimum Wage Act. Apprenticeship will also be considered as similar to employment for the purpose of this program. Post Placement Support is also provided in order to enable the newly skilled candidates settle into their new jobs/vocations.
To ensure that the PMKVY guidelines are adhered to and the best outcome is achieved, the TCs are monitored by NSDC and empanelled Inspection Agencies. They use various methodologies like self-audit reporting, call validations, surprise visits, and monitoring through the Skills Development Management System (SDMS). They make use of the latest technologies to enhance the monitoring capabilities.
Who are eligible to enrol for various training programs under the PMKVY Scheme?
This scheme was launched to benefit the Indian youth and prepare them for various jobs and vocations. The following individuals are eligible to enrol under the PMKVY Training Programmes
How do I apply for training under the PMKVY Scheme?
Follow these steps to register for a training under the PMKVY Scheme:
Step 1: Look for a center
Step 2: Fill up application form on the portal
Step 3: Register for a Skill Developing Training
Step 4: Certification to the successful candidate
1. What is the PMKVY Course?
Pradhan Mantri Kaushal Vikas Yojana is the flagship scheme of the Ministry of Skill Development & Entrepreneurship (MSDE). This Skill Certification Scheme aims at encouraging a large number of Indian youth to equip themselves with industry-relevant skill training so that they are adept at securing the right job to support their livelihood.
2. What are the benefits of the PMKVY Scheme?
The chief objective of this scheme is to enable and mobilize a large number of youth to take up industry designed quality skill training and become employable and earn a livelihood. It wants to create a registry of skills. Through this scheme, we can increase the productivity of the skilled individuals which would be used for the nation's development.
3. How do I find a training center offering courses under the PMKVY Scheme?
The registered training center list is available on the official PMKVY website.
4. How many courses are available under the PMKVY Scheme?
Around 160 different courses from various sectors are available under the PMKVY Scheme.
5. What do I get after completing a course under the PMKVY Scheme?
Upon successful completion of a course, candidates receive a completion certificate and placement assistance. They also receive a monetary reward for completing the course successfully.
Get loans starting from 11.25% interest rate
Know how to improve credit score
FREE credit analysis for 1 year