Home CATEGORIES Education and Skill Training Over 5 lakh candidates placed under Pradhan Mantri Kaushal Vikas Yojana (PMKVY)

Over 5 lakh candidates placed under Pradhan Mantri Kaushal Vikas Yojana (PMKVY)

Pradhan Mantri Kaushal Vikas Yojana

Owing to the successful implementation of Pradhan Mantri Kaushal Vikas Yojana (PMKVY 2016-20), the Ministry of Skill Development & Entrepreneurship (MSDE) continues to strive towards fulfilling the vision of a “Skilled India”.

The scheme has witnessed an exponential increase in generating employment opportunities with 5.25 lakh placements. During the last financial year 2017-18, there has been a significant increase in placements due to infrastructure development, expanding training partner network and stringent monitoring processes; making the scheme more effective and constructive with an over-riding focus on quality.

The placements under PMKVY (2016-2020) are categorized into wage and self-employment. Nearly 78% of the candidates have been placed in wage employment while 22% in self-employment/entrepreneurship. The top 10 performing sectors with respect to placements are Apparel, Electronics and Hardware, Retail, Beauty and Wellness, Telecom, Logistics, Agriculture, IT-ITeS, Tourism and Hospitality and Construction encapsulating 85% of the total placements.

Addressing gender inequality in the workforce, the scheme has shown significant gains, with women constituting 55% of the total placements. Meeting the industry demands, the placements have been skewed towards service sector with major placements in apparel, tailoring, computing and peripherals, retail sales, customer care and beauty and wellness job roles.

Rajesh Agrawal, Joint Secretary & CVO, Ministry of Skill Development and Entrepreneurship (MSDE) said, “PMKVY (2016-2020) aims to provide quality training to build skilled and job-ready workforce catering to the evolving demands of the industry. The placement progress brings to fruition the Government’s vision of providing meaningful employment and livelihood opportunities for all. The placement trend also shows high demand in service sector.  In a vast country like India, where unorganised sector is predominant, entrepreneurship can be a key enabler for employment generation.”

Manish Kumar, MD & CEO, National Skill Development Corporation commented, “We are encouraging quality training in industry-relevant job roles for better placement outcomes. We are also enhancing self-employment capabilities of skilled youths by integrating digital literacy, soft skills and entrepreneurship modules with PMKVY.”

Placement drives are conducted providing employers and candidates with a common platform to interact and fulfill the placement directive of PMKVY 2016-2020. The scheme has associated with more than 7,000 employers across India through approximately 800 Rozgar Melas in the last 18 months.

The scheme has facilitated connect with leading employers, such as Myntra, Pizza Hut, PVR Cinemas, Bata India, G4S Secure Solutions, Lemon Tree Hotels and Honda Motorcycle & Scooter Pvt. Ltd. to name a few.