Labour, Jobs and Employment – Harmonization of labour laws, gender gap, unemployment, etc.

States to get Rs7,000 crore for skill development II

  1. Besides, it will disburse some Rs 3,000 crore or 25% from the funds earmarked for the Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
  2. PMKVY is a flagship skill development scheme of the Union government to train 10 million people over the next 4 years
  3. Why: The ministry feels that the centre will not be able to achieve the target of skill development all on its own and taking states along will be the key
  4. India wants to skill train some 500 million people by 2022 but has been largely behind the curve in last five years
  5. Baring 2013-14, the skill development initiative has fallen short of target each year between 2011-12 and 2015-16 as per official data

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