Pradhan Mantri Kaushal Vikas Yojana: Only 15% of Beneficiaries Employed Since Launch

Since 2015, more than 1.6 crore individuals have been trained under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY), as per a Times of India report. However, only 24.3 lakh have received job placements, according to data shared in the Lok Sabha. This puts the overall placement rate at under 15%.

As per reports, between 2015 and 2022, 56.89 lakh people were certified under the Short-Term Training (STT) module of the scheme. Of these, 24.3 lakh candidates were placed, marking a 43% placement rate within that segment.

New Phase Focus Under Scheme

The current version, PMKVY 4.0, focuses not just on jobs but also on self-employment and entrepreneurship. The government has stated that the programme now takes a multi-pronged approach, offering support through job fairs, apprenticeships, and digital platforms.

Other Schemes Linked for Support

To increase employment opportunities, the government has linked skill development with schemes like PM Mudra Yojana and PM Vishwakarma. ₹35.13 lakh crore has been sanctioned under Mudra, while PM Vishwakarma has a budget of ₹3,920 crore. Under DAY-NULM, 9.8 lakh urban poor have received assistance, with a total outlay of ₹8,775 crore.

Read more: NSDC and PMKVY Schemes Train 3.3 Crore for Future Skills in India

States Leading in Enrolments and Loans

As per the report, Tamil Nadu and Uttar Pradesh have reported high participation in training and loan disbursals under these schemes. Rozgar Melas and National Apprenticeship Melas are being conducted regularly to boost visibility and connect trained candidates with employers.

The programme is run through accredited training centres and includes on-the-job learning. The scheme is also aligned with the National Credit Framework. A third-party review of PMKVY 4.0 is currently ongoing to assess its effectiveness and guide future updates.

Conclusion

Despite large-scale enrolment, job placement under PMKVY remains low. The current phase is looking at broader employment avenues, with further evaluations expected to inform upcoming changes.

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