Impact of Government Schemes on Skill Development – A Case Study of Pradhan Mantri Kaushal Vikas Yojana (PMKVY) in Tumkuru District

Abstract

               The Pradhan Mantri Kaushal Vikas Yojna has been one of the key programs introduced by the Government of India to develop the required set of skills for millions of youth in India. The objective of the program is to provide an opportunity to the youth to acquire the relevant skill and thereby improve their livelihood prospects. Therefore, this research aimed at evaluating the impact of the Pradhan Mantri Kaushal Vikas Yojna on skill development and employment and income generation. Tumkur district of Karnataka was chosen as the sample location and a total of 200 respondents who have undergone training under the PMKVY in the district were selected as the sample for the study. Although it was found out that there was moderate level of awareness about the scheme among the sample population, the respondents expressed significant improvement in terms of both technical and soft skills after undergoing training under the scheme. It was also found that there are many problems like the gap between the training received by the trainees and the demand of the market; lack of proper post placement support etc. The study also found that the scheme had a statistically significant positive effect on the employability and monthly earnings of the trained persons. In order to make the scheme more effective, it is suggested that the linkage between the institute and the industry should be strengthened and the curriculum should be updated periodically in line with the changing market trend and the mentorship and placement support to the trainees should be improved.