What Will It Take to Skill 500 Million People?: A Policy Analysis of India’s Flagship Job Skills Training Program, The Pradhan Mantri Kaushal Vikas Yojana (PMKVY).
Submitted in partial fulfillment of the degree Master of Arts in Law and Diplomacy at the Fletcher School of Law and Diplomacy. Abstract: As part of its larger, national vision to skill 500 million people in India by 2022, the Government of India launched the Pradhan Mantri Kaushal Vikas Yojana (PMKVY), a job skills training program in July 2016. At a budgetary cost of INR 12,000 crores (USD 2 ... read morebillion), the policy seeks to skill 10 million unemployed youth in 416 job roles, for jobs in 32 industries. The policy will be implemented by the private sector and the government will coordinate the implementation. The government will also make subsidy payments to implementing partners and monetary incentives to students enrolling under this policy. This capstone policy document describes the salient features of the PMKVY, analyses its costs and benefits, and discusses potential implementation challenges. Further, drawing on international experience of Malaysia, possible ways to modify the PMKVY for amore effective implementation and policy success are also discussed.read less