PM Modi Launches Skill India Initiative That Aims to Train 40 Crore People

Prime Minister Narendra Modi launched ambitious projects that aims to train over 40 crore people in India in different skills by 2022.

The initiatives include National Skill Development Mission, National Policy for Skill Development and Entrepreneurship 2015, Pradhan Mantri Kaushal Vikas Yojana (PMKVY) scheme and the Skill Loan scheme.

Modi also unveiled the Skill India logo with the tagline ‐‐ 'Kaushal Bharat,Kushal Bharat' (Skilled India, Successful India).



The government's flagship scheme, PMKVY, will incentivise skill training by providing financial rewards to candidates who successfully complete approved skill training programmes. The scheme aims to recognise and provide skill to 24 lakh youth who lack formal certification, such as workers
in vast unorganised sector.

Fresh PMKVY training was initiated in 1,000 centres across all States and Union Territories in India, covering 50,000 youth in 100 job roles across 25 sectors.

Through an initiative known as 'Recognition of Prior Learning' (RPL), 10 lakh youth will be assessed and certified for the skills that they already possess.

Under the Skill Loan scheme, loans ranging from Rs. 5,000‐1.5 lakh will be made available to 34 lakh youth seeking to attend skill development programmes over the next five years.