PMKVY (Pradhan Mantri Kaushal Vikas Yojana)

Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is an initiative by the Indian government aimed at enhancing the skill development of youth in the country. Launched in 2015, it provides vocational training across various industries to help individuals acquire practical skills, making them more employable. The program offers financial support for training institutes and incentivizes participants through skill certificates and monetary rewards. PMKVY aims to bridge the gap between the skills job seekers possess and the requirements of employers, ultimately fostering a more skilled workforce and promoting economic growth in India.