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PMKVY 3.0 Guidelines
The first version of Pradhan Mantri Kaushal Vikas Yojana (PMKVY) scheme was launched in 2015 to encourage and promote skill development in the country by providing free short duration skill training and incentivizing this by providing monetary rewards to youth for skill certification. The overall idea was to boost employability of
youth corresponding to the industrial demand.
Based on the learnings of PMKVY 2.0 and to reorient the scheme to be in sync with the present scenario of policy changes and changing priority in different sectors, it is decided to speed up the implementation of PMKVY 3.0. The scheme shall be implemented in two phases: 1st phase shall be implemented on pilot basis during the year 2020-
21 known as PMKVY 3.0 (2020-21). The scheme shall initiate the creation of implementation framework for the second phase (2021-2026) of the scheme. This Guideline document is meant for the first phase of PMKVY 3.0 (2020-21).
Objectives of PMKVY 3.0 (2020-21)
The objectives of the scheme are to:
- Create an ecosystem for the youth to make informed choices on the available skilling avenues.
- Provide support to youth for skill training and certification.
- Promote sustainable Skill Centres for greater participation of private sector.
- Benefit 8 lakh youth over the scheme period (2020-21).
This scheme will have two components:
- Centrally Sponsored Managed (CSCM) known as the Central Component to be implemented by the National Skill Development Corporation (NSDC).
- Centrally Sponsored State Managed (CSSM) known as the State Component to be implemented by the State Skill Development Missions (SSDMs) / respective Departments of the States / UTs.
Total target of the scheme will be divided approximately in the ratio of 75:25 between Central and State Components respectively. However, States having performed well and willing to take higher targets shall be allocated
accordingly, based on assessment of their performance.
The Steering Committee of the scheme is empowered for taking appropriate decisions in the matters of dynamic fixation of targets, without affecting the overall financial outlay. Steering Committee can reallocate the target,
if the situation so warrants under CSCM / CSSM component at any time in any appropriate ratio. This will generate competitiveness among States towards effective implementation of Skill India initiatives of the Government
For more details download the PMKVY 3.0 Guidelines in PDF format using the link given below or an alterntive link for more details.