Pradhan Mantri Kaushal Vikas Yojana

Pradhan Mantri Kaushal Vikas Yojana scheme has following components

• National Skill Development Agency will coordinate and harmonize the skill development efforts of the Government and private sector to achieve the skilling targets and endeavor to bridge the social, regional, gender and economic gap.
• National Skill Development Fund/Corporation provides skill development funding by either loans or equity and supports financial incentives to select private sector initiatives to improve financial viability through tax break etc.
• National Board for Skill Certification would be an autonomous professional Board to conduct examinations, assessments and award national level certificates in compliance with National Skill Qualifications Framework for skill development courses in the country.
• 1500 Multi Skill Training Institutes would be set up through active participation of industries under Kaushal Vikas Yojana in unserved blocks and areas with emphasis on imparting technical skills to the youth.
• Apprenticeship and Training: Organise, conduct and impart vocational training throughout the country, upgrading training infrastructure, opening of new Training Institutes, supporting State Governments for Skill Development and linking industries with training for gainful employment.
• Skill Development and Entrepreneurship would create a favourable ecosystem for entrepreneurship development through entrepreneurship education and training , advocacy, easy access to various components of entrepreneurship ecosystem including mentor network, credit, incubator & accelerator, information platform, research etc.