Pradhan Mantri Kaushal Vikas Yojana

About PMKVY

Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship scheme of the Ministry of Skill Development & Entrepreneurship implemented by National Skill Development Corporation (NSDC). The scheme was launched in 2015.
It is implemented under the Skill India Mission.
The objective of this programme is to enable a large number of Indian youth to take up industry-relevant skill training that will help them in securing a better livelihood.
Individuals with prior learning experience or skills will also be assessed and certified under Recognition of Prior Learning.
Skill training is based on the National Skill Qualification Framework (NSQF) and industry led standards.

Objectives of PMKVY

To impart industry-related skills to the unemployed youth and school/college dropout;
To provide financial and placement assistance to trained candidates.

PMKVY has three key components

Short Term Training (STT): Under this component, training is given to unemployed youths or school/college dropouts in line with the National Skills Qualification Framework.
Recognition of Prior Learning: Under this module, assessment and certification is given to applicants with existing skills or a prior learning experience.
Special Projects: This module has been designed to create a platform that facilitates training for special job roles in government, corporate or industrial bodies.

Why in News?

The Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 3.0 and its component, Recognition of Prior Learning for upskilling of artisans and weavers of Kashmir will tremendously help in preserving and reviving the Namda craft of Kashmir.
The Namda project will benefit more than two thousand persons of 30 Namda Clusters from six districts of Kashmir viz. Srinagar, Baramulla, Ganderbal, Bandipora, Budgam, and Anantnag.
The RPL initiative targets to upskill around eleven thousand artisans and weavers of Jammu and Kashmir.
Namda craft is a rug made of sheep wool through the felting technique instead of the normal weaving process.

reference:

Today Current Affairs Upsc Exam Syllabus & Previous Yearpaper.