Prime Minister Narendra Modi has introduced Pradhan Mantri Kaushal Vikas Yojana ( PMKVY) in 2015. This is a mission for enhancing the skill of youth and giving jobs to them. The mission is not going smoothly as the government is not following the guidelines of the Yojana. The agency which is controlling this mission is National Skill Development Agency. World Bank has cleared 250 million dollar loan to train job seekers under Skill India Mission.
It is a campaign launched by Prime Minister Narendra Modi on 15 July 2015. It aims to train over 40 crores (400 million) people in India in different skills by 2022. So, It includes various initiatives of the government like “National Skill Development Mission”, “National Policy for Skill Development and Entrepreneurship, 2015”, “Pradhan Mantri Kaushal Vikas Yojana (PMKVY)” and the “Skill Loan scheme”.
The UK has entered into a partnership with India under this programme. Virtual partnerships initiate at the school level to enable young people of either country to experience the school system of the other country and develop an understanding of the culture, traditions and social and family systems. Hence, There was a commitment to achieving mutual recognition of UK and Indian qualifications.
Mission “Skill India”
In the budget of the fiscal year 2017 – 18 the government of India has decided to set aside Rs. 17,000 crore, the highest ever allocation to this sector, in order to boost the Skill India Mission. At least ten million Indian youth enter the country’s workforce each year, but the employment creation in India has not been able to absorb this influx, making increasing unemployment a severe problem. So, Through this allocation, the government aims at generating employment and providing livelihood to the millions of young Indians who enter the workforce every year.
As of 15 February 2016, the “Indian Leather Development Programme” trained 51,216 youth in a span of 100 days and it plans to train 1,44,000 young persons annually. But, The industry is undergoing acute skill shortage and most of the people trained are being absorbed by the industry. So, This initiative of Narendra Modi’s government is really appreciable but they need to work more on their guidelines and steps for providing jobs to youth.