Question
Download Solution PDFIn which year was the 'Pradhan Mantri Kaushal Vikas Yojana' launched?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is 2015.Key Points
- The 'Pradhan Mantri Kaushal Vikas Yojana' was launched in the year 2015.
- This scheme was launched by the Government of India to provide skill training to the youth of the country and make them employable.
- The main objective of this scheme is to create a workforce that is skilled and can contribute to the development of the nation.
- The scheme aims to train over 40 crore people in India by 2022.
Additional Information
- The PMKVY scheme's objectives are to improve the employability and working efficiency of potential and current daily wage earners by offering them high-quality training together with monetary incentives and benefits.
- The ₹8,000 average prize amount per participant has remained constant.
- The plan would provide recognition to wage earners who already possess a standard level of skill; the typical reward amount for these individuals is between ₹2000 and ₹2500.
- The government has approved an expenditure of ₹120 billion for this project.
- The program aims to train one crore young Indians between 2016 and 2023.
- Out of the 18 lakh candidates that enlisted for the scheme, 17.93 lakh had received training as of July 18, 2016.
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