The government is targeting to train 10 million youth of the country with industry relevant skills under the PMKVY
In her budget speech, Finance Minister Nirmala Sitharaman announced that the government will focus on imparting new-age skills to youth in newer areas like AI, IoT, big data and robotics to help them get jobs overseas and to cope with changing job roles in India.
Acting on this announcement, the skill development and entrepreneurship ministry is considering revamping its flagship skilling programme, the Pradhan Mantri Kaushal Vikas Yojana (PMKVY).
As per a report by ET, the government plans to put in place structures and incentives that would enable skilling in new-age technologies across sectors under the PMKVY.
Building competent manpower
Quoting a senior government official, the daily reported that existing schemes are under review as part of the rationalisation of centrally sponsored schemes being undertaken by the NK Singh-led 15th Finance Commission.
“We hope to put in place new programme/scheme by the third quarter. Reskilling and upskilling could also be the focus under the flagship scheme,” the official was quoted as saying.
The government is targeting to train 10 million youth of the country with industry relevant skills under the PMKVY, in order to create a big pool of competent manpower.
Last week, the ministry made changes to its apprenticeship training programme to bring more and more youth into its fold.