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Union Cabinet approves Pradhan Mantri Kaushal Vikas Yojana (PMKVY) version 2.0

By   /  July 14, 2016  /  Comments Off on Union Cabinet approves Pradhan Mantri Kaushal Vikas Yojana (PMKVY) version 2.0

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New Delhi: Now, financial support to trainees under Skill India campaign will be given in the form of travel allowance, boarding and lodging costs. Post placement support would be given directly to the beneficiaries through Direct Benefit Transfer (DBT). Disbursement of training cost to training partners will be linked to Aadhaar and biometrics for better transparency and targeting. Skill training would be given based on industry led standards aligned to the National Skill Qualification Framework (NSQF). These are the main features of the version 2.0 of Pradhan Mantri Kaushal Vikas Yojana (PMKVY). The Union Cabinet chaired by Prime Minister Mr Narendra Modi has approved yesterday (13 July 2016) the PMKVY version 2 .0 with an outlay of Rs.12000 crore to impart skilling to one crore people over the next four years (2016-2020).

The target allocation between fresh trainings and RPL will be flexible and interchangeable depending on functional and operational requirements.  In a bid to bring transparency and accountability, the scheme would move to a grant based model where the training and assessment cost would be directly reimbursed to training providers and assessment bodies in accordance with the common norms.

To reach out to target specific youths, especially unique skill requirements of different States in various states, the scheme will be now simplified where state government will have a play. Hence, in line with the recommendations of the sub group of Chief Ministers on Skill Development regarding the need to address the unique skill requirements of different States, now State Governments would be involved through a project based approach under the PMKVY 2016-20 with 25% of the total training targets, both financial and physical, being allocated under this stream of the Scheme. The financial amount/budget for achieving 25% of the total training targets of next phase of PMKVY would be directly allocated to the States.

The scheme has also outlined plans to strengthen its monitoring and post training placement mechanism. Going forward, mobilisation, monitoring and post training placement of trainees will be done through Rozgar Melas (placement camps) and Kaushal Shivirs (mobilization camps). There will be special focus on placement of trainees with incentives/disincentives linked to placement as envisaged in the Common Norms.

A project based approach for Non formal training for traditional jobs is also proposed. PMKVY will, in addition to catering to domestic skill needs, also focus on skill training aligned to international standards for overseas employment in Gulf countries, Europe and other overseas destinations. There will be scholarship for student undergoing training in high end job roles under the scheme.

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