Skill & Education

Pradhan Mantri Kaushal Vikas Yojana is a unique initiative by the Government of India that aims to offer 24 lakhs Indian youth meaningful, industry relevant, skill based training. Under this scheme, the trainees will be offered a financial reward and a government certification on successful completion of training and assessment, which will help them in securing a job for a better future.

The objective of this scheme is to encourage skill development for youth by providing monetary rewards for successful completion of approved training programs. Specifically, the scheme aims to:

  • Encourage standardization in the certification process and initiate a process of creating a registry of skills
  • Enable and mobilize a large number of Indian youth to take up skill training and become employable and earn their livelihood. Increase productivity of the existing workforce and align the training and certification to the needs of the country.
  • Provide Monetary Awards for Skill Certification to boost employability and productivity of youth by incentivizing them for skill trainings.
  • Reward candidates undergoing skill training by authorized institutions at an average monetary reward of Rs. 8,000 (Rupees Eight Thousand) per candidate.
  • Benefit 24 lakhs youth at an approximate total cost of Rs. 1,500 Crores.