Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
PMKVY is the flagship scheme of the Ministry of Skill Development and Entrepreneurship (MSDE), implemented by the National Skill Development Corporation (NSDC). Launched on July 15, 2015 (World Youth Skills Day), it aims to provide industry-relevant skill training to Indian youth through Short Term Training (STT) and Recognition of Prior Learning (RPL) components.
- PMKVY 1.0 (2015-16): Pilot phase, 19.85 lakh candidates trained
- PMKVY 2.0 (2016-2020): Approved by Union Cabinet on July 15, 2016, with a target of skilling 1 crore youth; 1.10 crore candidates were trained/oriented
- PMKVY 3.0 (2021): Launched on January 15, 2021, targeting 8 lakh youth with district-level implementation focus
- PMKVY 4.0 (2022 onwards): Current version operating across 12,840 centres in 38 sectors; 27.08 lakh candidates trained so far
- Courses typically run for 300-600 hours; training is free for candidates
- NSDC acts as the implementing body, channelling funds through Training Partners who operate Training Centres
● Tracked since February 10, 2026 · last seen March 27, 2026 · updates as the daily brief publishes
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