The Ministry of Skill Development and Entrepreneurship (MSDE) has launched Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 3.0.

Note the differences between all three versions of PMKVY.

PMKVY 3.0

• PMKVY 3.0 envisages training of eight lakh candidates over the scheme period of 2020-2021.
• This phase three will focus on new-age and COVID-related skills.
• The 729 PM Kaushal Kendras (PMKKs), empanelled non-PMKK training centres and more than 200 industrial training institutes under Skill India will be rolling out under it.
• On the basis of the learning gained from PMKVY 1.0 and PMKVY 2.0, the MSDE has improved the newer version of the scheme to match the current policy doctrine and energize the skilling ecosystem.

Implementation

• PMKVY 3.0 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 aspirational Bharat.
• PMKVY 2.0 broadened the skill development with the inclusion of Recognition of Prior Learning (RPL) and focus on training.
• With the advent of PMKVY 3.0, the focus is on bridging the demand-supply gap by promoting skill development in areas of new-age and Industry 4.0 job roles.

Back2Basics: PMKVY 1.0

• PMKVY is a skill development initiative scheme of the Government of India for recognition and standardization of skills launched on16 July 2015;.
• The aim of the scheme is to encourage aptitude towards employable skills and to increase the working efficiency of probable and existing daily wage earners, by giving monetary awards and rewards and by providing quality training to them.
• For this qualification plans and quality, plans have been developed by various Sector Skill Councils (SSC) created with the participation of Industries.
• National Skill Development Council (NSDC) has been made coordinating and driving agency for the same.

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