What is Pradhan Mantri Kaushal Vikas Yojana 4.0 (PMKVY 4.0)

Launched in 2015 by the Ministry of Skill Development and Entrepreneurship (MSDE), the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) aims to promote skill development by offering free short-term training and incentivizing youth for skill certification.

From 2015 to 2022, three phases of the scheme have been implemented, each with a unique approach and strategy. Collectively, PMKVY has equipped over 1.37 crore young individuals with industry-relevant skills across various sectors.

What is PMKVY 4.0?

Building on the challenges and insights from previous phases, PMKVY 4.0 under the ‘Skill India Programme’ is being implemented from FY 2022 to 2026. This phase focuses on enhancing flexibility, efficiency and responsiveness within the skill development ecosystem by streamlining processes to better address current challenges and evolving industry needs.

What are the phases of PMKVY?

1. PMKVY 1.0 (2015-2016)

The first phase of PMKVY was launched in 2015 as a pilot project to provide short-term skill training to unemployed youth and school dropouts.

2. PMKVY 2.0 (2016-2020)

The second phase introduced an enhanced version to expand its outreach and effectiveness.

3. PMKVY 3.0 (2020-2022)

The third phase of PMKVY was launched with a more localized and demand-driven approach.

With each phase, PMKVY has adapted to emerging challenges, enhancing employability and fostering skilled opportunities for India’s expanding workforce.

What are the types of training offered under PMKVY 4.0?

1. Short-Term Training

Under Short-Term Training, 300–600 hour courses that are in line with NSQF are offered. Higher-length courses may also be given in response to sectoral or industry demand. Training is provided by associated and approved training facilities. As required by National Council for Vocational Education and Training, on-the-job training (OJT) will be an integral part of STT, and the length of OJT may vary depending on the work description.

2. Recognition of Prior Learning (RPL)

After a thorough evaluation, candidates with prior learning experience or skills will receive certification. This will make it possible for young people to earn certifications in skills relevant to the sector. Interested individuals will need to complete coursework for certification at a higher level depending on evaluation, with a focus on upskilling.

3. Special Projects

The skilling needs of vulnerable and disadvantaged groups are generally met by Special Projects, which are project-based short-term skilling efforts. These specific training courses are likely to be provided outside of standard short-term skilling programmes. These projects can also concentrate on modern employment responsibilities that will require skills in demand.

Click here to read the benefits of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY).

Conclusion

Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 4.0 marks a significant step in strengthening India’s skill development ecosystem. By aligning training programmes with industry demands, simplifying processes and fostering greater flexibility, PMKVY 4.0 is set to empower millions of youth with relevant skills for a rapidly evolving job market.

As India moves towards becoming a global skills hub, this initiative plays a crucial role in enhancing employability, encouraging entrepreneurship and driving economic growth. With continuous innovation and a commitment to excellence, PMKVY 4.0 is paving the way for a more skilled, self-reliant, and future-ready workforce.

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Frequently Asked Questions

Q1. What is the full form of PMKVY?

PMKVY stands for Pradhan Mantri Kaushal Vikas Yojana (PMKVY).

Q2. What is PMKVY 4.0 scheme?

The PMKVY 4.0 focuses on enhancing flexibility, efficiency and responsiveness within the skill development ecosystem by streamlining processes to better address current challenges and evolving industry needs.

Q3. How many phases of PMKVY are present?

Currently, there are 4 phases of Pradhan Mantri Kaushal Vikas Yojana. Each phase has been designed to meet the evolving needs of India’s youth and industries.

Reference:

1. Ministry of Skill Development and Entrepreneurship - Guidelines for Pradhan Mantri Kaushal Vikas Yojana 4.0.