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(PM Skill Development Scheme) CS MoSD&E: 2015: Skill development initiative schemes: To provide encouragement to youth for development of employable skills by providing monetary rewards by recognition of prior learning or by undergoing certification training at affiliated centres. [77] [78] Heritage City Development and Augmentation Yojana ...
As far as institutional mechanism is concerned, the National Skill Development Corporation (NSDC), Ministry of Skill Development and Entrepreneurship and the scheme - Prime Minister Kaushal Vikas Yojana (PMKVY) have resulted to achieve considerable results, but not achieved the expected outcomes.
Similarly, National Skill Development Agency was formulated to implement different schemes of the central government in coordination with various states and the private sector. Still, after investing enormous resources in infrastructure and training initiatives, creating a skilled workforce suiting industry requirement could not be achieved. [ 6 ]
NSDC participates in government skill-training schemes and initiatives as a partner or project management unit to run official grant-based programs, and supports the central and state governments of India in implementing their skills development strategies.
Pradhan Mantri Kaushal Vikas Yojana (PMKVY) or otherwise known as Pradhan Mantri Youth Training Program [1] [2] is a skill development initiative scheme of the Government of India for recognition and standardisation of skills. [3]
The ministry is responsible for coordination of all skill development efforts across the country. The ministry was formed with matters pertaining to industrial training, apprenticeship and other skill development responsibilities which earlier belonged to the Ministry of Labour and Employment. The ministry aims to remove the disconnect between ...
The research paper India's dream run and its aftermath [5] shows that India did see an economic boom from 2003 to 2008 referred to as the dream run but not in the manufacturing sector, which made it difficult to provide jobs to unskilled and semi-skilled populations. This problem is aggravated due to a lack of skill development programs to ...
The National Skill Development Agency (NSDA) attempts to increase Employability of Youth in India. It is a fully autonomous body, constituted with the approval of Union Cabinet of India. [1] On May 9, 2013, [2] the Union Cabinet gave its nod to form NSDA.