Govt approves PMKVY-III with focus on digital technology, industry 4.0: Mahendra Nath Pandey

The minister for Skill Development and Entrepreneurship Mahendra Nath Pandey has said that the government has approved the third phase of its flagship Pradhan Mantri Kaushal Vikas Yojana (PMKVY), with an increased focus on digital technology and industry 4.0.

Sharing future plans of the ministry, Pandey said ‘we are also working on Skill Management Information System, which will bring the entire skill ecosystem on a common web portal and work as an aggregator for demand and supply of skilled workforce.’ He also highlighted the need to focus on employment in the current scenario and strengthening district skill committees. He informed that the government plans to further simplify apprenticeship so that industries do not hesitate in absorbing their apprentices and they do so enthusiastically. He added that his ministry was compiling data of skilled persons across the country which would be made available at a single click.

The government launched the PMKVY scheme in 2015 and revamped it in 2016 to impart skills to one crore persons by 2020. The revamped scheme, called PMKVY 2.0, moved to a grant-based model where the training and assessment cost would be directly reimbursed to training providers and assessment bodies in accordance with common norms.