Govt to train 40 crore people under Skill India initiative

To make India a skilled country, Prime Minister Narendra Modi today launched four initiatives as a part of which over 40 crore people will be trained in various skills by 2022.
The initiatives launched today 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.
The initiatives were launched to mark the first-ever World Youth Skills Day, where the government set a target of skilling 40.02 crore people by 2022.
At the event, Modi also unveiled the Skill India logo with the tagline -- 'Kaushal Bharat, Kushal Bharat'.

The government's flagship scheme, PMKVY, will incentivise skill training by providing financial rewards to candidates who successfully complete approved skill training programmes.
Over the next year, PMKVY will skill 24 lakh youth. The skills of young people who lack formal certification, such as workers in vast unorganised sector, will be recognised.

Across India, special PMKVY mobilisation camps are being organised at 100 locations with Nehru Yuva Kendra Sangathan (NYKS). A national SMS campaign is being rolled out to build awareness of the program, reaching about 40 crore subscribers. Fresh PMKVY training was initiated in 1,000 centres across all States and Union Territories in India today, 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. Sanction letters for the first ever Skill Loans were handed out by the Prime Minister to aspiring trainees.
Modi also awarded Skill Cards and Skill Certificates to trainees who had recently completed training through the Pilot Phase of PMKVY, which started in May. Such Skill Cards and Skill Certificates will allow trainees to share their skill identity with employers.

Across the country, 2,33,000 youth were awarded certificates from Industrial Training Institutes (ITIs) and 18,000 plus graduating students received job offer letters on the occasion of World Youth Skills Day. The Prime Minister personally presented industry job offer letters to five female ITI graduates at the event.