PMKVY- Pradhan Mantri Kaushal Vikas Yojana: Study Notes for Exams



Objective : The objective of this Scheme is to encourage skill development for youth by providing monetary rewards for successful completion of approved training programs.



  • Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship outcome-based skill training scheme of the new Ministry of Skill Development & Entrepreneurship (MSDE).
  • Fund Allocation- The scheme will be implemented with an outlay of 1, 500 crore rupees.
  • It will provide industry relevant, skill based training for 24 lakh Indian youth .
  • 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.
  • Rewards candidates undergoing skill training by authorized institutions at an average monetary reward of Rs. 8,000 (Rupees EightThousand) per candidate. 
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PMKVY (Pradhan Mantri Kaushal Vikas Yojana) is one the largest programme in the world.It helps to develop technical skill for youth young Indian.

PMKVY (Pradhan Mantri Kaushal Vikas Yojana) is one the largest programme in the world.It helps to develop technical skill for youth young Indian.

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