PMKVY is a flagship scheme for skill certification, being launched to help Indian youth take up industry-relevant skill training to get better livelihoods. Components of this scheme include Short Term Training, Special Projects and Recognition of Prior Learning..
PMKVY 4.0, or Pradhan Mantri Kaushal Vikas Yojana 4.0, is the fourth phase of the Indian government's flagship scheme focused on skill development and vocational training for youth. It aims to equip young people with industry-relevant skills, preparing them for the job market, with a particular focus on new-age technologies and international opportunities. Here's a more detailed breakdown:
- Focus on Industry 4.0:PMKVY 4.0 emphasizes training in emerging technologies like AI, robotics, IoT, 3D printing, and drones, alongside soft skills.
- Industry Partnerships:The scheme promotes collaboration between training providers and industries to ensure the training programs are aligned with current market demands.
- On-the-job training:PMKVY 4.0 incorporates on-the-job training to provide practical experience and enhance employability.
- Skill India International Centres:The scheme includes the establishment of Skill India International Centres to provide skills training for international job opportunities.
- Digital platform:A unified Skill India Digital platform will be launched to facilitate demand-based skilling, connect with employers, and provide access to entrepreneurship schemes.
- Fully funded program:PMKVY 4.0 is a fully funded government program to train individuals in various skill sets, particularly those related to Industry 4.0.
- Duration:The program is being implemented between FY 2022-2026.
- Target audience:The scheme primarily targets Indian youth, providing them with skills certification and training to improve their livelihoods.