Employment Generation Under Pradhan Mantri Kaushal Vikas Yojana (PMKVY) - An Analytical Study

Abstract

Pradhan Mantri Kaushal Vikas Yojana (PMKVY) scheme is implemented by National Skill Development Corporation (NSDC) with an objective of providing industry relevant skills to large number of youths that enable them to have a better means of living. The major Components of the scheme are Short Term Training, Recognition of Prior Learning, Special Projects, Kaushal and Rozgar melas. This paper aims to analyse the performance of PMKVY scheme in terms of number of candidates trained, assessed, certified and placed during 3 different phases. The present study is based on secondary data collected from the official website of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY). Statistical tools of simple averages, percentages and One-way ANNOVA are used to analyse and interpret the data. The results showed that there is a significant difference in number of candidates placed during the 3 phases and among that the Phase 2.0 has witnessed higher number of employment when compared to other two phases