Why Effectiveness is Needed in Government’s Skill Development Scheme

Date: December 8, 2023

The Pradhan Mantri Kaushal Vikas Yojana (PMKVY), launched in 2015, has trained 13.7 million candidates over seven years. However, only 18 per cent or 2.4 million of these candidates have been successful in securing a job. This low placement rate is one of several concerning issues highlighted by a Lok Sabha standing committee. The committee also identified underutilised funds, infrastructure deficiencies, dropouts, a disconnect with industry, and insufficient state engagement as significant problems. To increase the effectiveness of the program, PMKVY must be aligned with the local economy’s needs. Read more now!

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