Govt allocates Rs 12,000 cr to skill 1 cr people over 4 years

NEW DELHI: A Rs 12,000-crore outlay for Pradhan Mantri Kaushal Vikas Yojana (PMKVY) to impart skills to 1 crore people over the next four years (2016-20) got Cabinet approval today.

PMKVY will impart fresh training to 60 lakh youth and certify 40 lakh people who have acquired skills non-formally under the Recognition of Prior Learning (RPL), Law and IT Minister Ravi Shankar Prasad told reporters after the Cabinet meeting.

Financial support to trainees will be given in the form of travel allowance and by taking care of boarding and lodging costs. Post-placement support will be given directly to the beneficiaries through Direct Benefit Transfer (DBT).

Disbursement of training cost to partners will be linked to Aadhaar and biometrics for better transparency and targeting.

Mobilisation, monitoring and post-training placement of trainees will be done through Rozgar Melas (placement camps) and Kaushal Shivirs (mobilisation camps).

“Skill training would be done based on industry-led standards aligned to the National Skill Qualification Framework (NSQF),” an official statement said. (AGENCIES)