Capital Subsidy/Free Training Scheme Minister of State (Independent Charge) for Skill Development & Entrepreneurship Shri Rajiv Pratap Rudy has said that Government has launched Pradhan Mantri Kaushal Vikas Yojana (PMKVY) which is a reward based, demand driven scheme aiming to enable and mobilise a large number of Indian youth to take up skill training and become employable and earn their livelihood. PMKVY was approved by the Cabinet in March, 2015 and its Pilot phase began in May, 2015. Subsequently, PMKVY has been launched on full scale on 15th July, 2015. In a written reply in the Lok Sabha today Shri Rudy said, the scheme targets to benefit 24 lakh persons with training of 14 lakh fresh entrants and certification of 10 lakh persons under Recognition of Prior Learning (RPL). The total outlay of PMKVY is Rs.1500 crore. Under PMKVY funds are not released to States but to the National Skill development Corporation which is the implementing agency for PMKVY. As on 22nd July, 2015, 2.12 lakh candidates have been enrolled for 201 Job roles developed by 25 Sector Skill Councils (SSCs) in 29 states and 4 Union Territories.
