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    Home»News»Over 3 lakh candidates hired by MNCs under Pradhan Mantri Kaushal Vikas Yojana
    News

    Over 3 lakh candidates hired by MNCs under Pradhan Mantri Kaushal Vikas Yojana

    mmBy Prajjal Saha | HRKathaFebruary 21, 20184 Mins Read2418 Views
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    Placements span across leading organisations, such as Samsung, Volkswagen, SBI Life, Tata Motors, PayTM, Honda, Accenture, PVR Cinemas, Bata India, Lemon Tree Hotels and L&T.

    The flagship scheme of the Ministry of Skill Development & Entrepreneurship (MSDE), the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 2016-20, has taken multi-fold strides in less than two years from its launch.

    3,16,671 skilled candidates have been placed so far (as on February 2018) through this scheme. With nearly 55 per cent successful placements, the short-term training programme (STT) under PMKVY (2016-20) is an effective, refined and demand-driven endeavour, with an overriding focus on quality of training.

    Over 13 lakh candidates have been trained under the STT programme, of which over 9 lakh have been certified till February 2018. Placements have been facilitated for 5.98 lakh candidates, who were certified by the end of November 2017. Placements for the latter batches, certified post November 2017, are currently underway.

    Placements under PMKVY (2016-2020) are categorised into two types of employment—wage and self. Approximately 76 per cent of the candidates have been placed in wage employment and 24 per cent placed in self-employment/ entrepreneurship. 80 per cent of those placed in wage employment across various sectors, that is, electronics and hardware, apparel, beauty and wellness, agriculture, retail, logistics, leather, telecom, security, textiles and handlooms.

    Commenting on the progress of the scheme, Rajesh Agrawal, Joint Secretary & CVO, Ministry of Skill Development and Entrepreneurship (MSDE) says, “PMKVY (2016-2020) scheme is closely aligned with the industry requirement of a job-ready workforce. Embarking on the Skill India Mission, our endeavour has been to provide superlative quality training in industry-relevant job roles. The Skill India Mission also promotes entrepreneurship, which is further supported by Mudra Loans and other financial provisions.”

    Jayant Krishna, ED & COO, National Skill Development Corporation (NSDC) says, “NSDC is working collaboratively with its training providers, sector skill councils and industry for creating and deploying quality trained resources, who could cater to the evolving demands of the organisations. Our initiatives, such as integrations with organisations, syndication with portals, such as National Career Service, creation of Labour Market Information System, organising job fairs (Rozgar Melas) and more, are intended to match demand with supply.”

    NSDC is continuously working towards accomplishing the objectives laid down under the Skill India Mission by training and facilitating employment for skilled manpower across leading organisations of the country, namely Tata Motors, PayTM, Honda Motorcycle & Scooter, Accenture, PVR Cinemas, Bata India, G4S Secure Solutions, Lemon Tree Hotels, L&T, Tata Sky, Samsung, Volkswagen and SBI Life.
    PMKVY (2016-20), launched in November 2016 with an outlay of Rs. 12,000 crores, is the biggest training and certification programme of the Government of India. It aims to skill one crore youth by 2020.
    In nearly sixteen months of its launch, the scheme has certified over 13 lakh candidates under its two different programmes—Short-Term Trainings (STT) and Special Projects. The scheme’s other component—Recognition of Prior Learning (RPL)—is a certification programme that gives due importance to learning as an outcome rather than a process.

    The STT programme, imparted through NSDC’s approved training centres, is aimed at benefitting youth who are either school/college dropouts or unemployed. Apart from skills training, the programme comprises orientation in soft skills, entrepreneurship, financial and digital literacy. The programme encompassing 200–1,000 hours of skill training, is designed according to varied job roles.
    RPL comprises 12–80 hours of training. It provides recognition to the informal learning or learning through work to get equal acceptance as the formal levels of education. Focussing on the workforce in the unorganised sectors, RPL is designed for those who already have a job or are self-employed and require upskilling and certification for better prospects. Till date, more than 4.5 lakh candidates have been certified under this component of PMKVY (2016-20).

    Bata India Honda L&T Lemon Tree Paytm PVR Cinemas Samsung SBI Life Tata Motors Volkswagen
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    Prajjal Saha | HRKatha

    Dr. Prajjal Saha, editor and publisher of HRKatha since 2015, leverages over 25 years of experience in business journalism, writing, and editing. He founded HRKatha to provide insightful analysis on the evolving workplace. With expertise spanning HR, marketing, distribution, and technology, Saha has a deep understanding of business dynamics. His authorship of the acclaimed Marketing White Book highlights his versatility beyond HR. A trusted voice across industries, his clear and thoughtful commentary has earned him a reputation for thought leadership, making him a reliable source of knowledge and insights for professionals navigating the complexities of the business world.

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