In less than two years of its launch, Pradhan Mantri Kaushal Vikas Yojana (PMKVY) (2016-20), the flagship scheme of the Ministry of Skill Development \u0026 Entrepreneurship (MSDE) has taken multi-fold strides. So far, 3,16,671 placements have found a means of livelihood under the scheme.The Short-Term Training Program (STT) under PMKVY (2016-20) is an effective, refined and demand-driven endeavour, with an over-riding focus on quality of training. Under the programme, over 13 lakh candidates have been trained, of these over nine lakh have been certified till February 2018. Placements have been facilitated for 5.98 lakh candidates who were certified by the end of November 2017. Placements for the latter batches who were certified post-November 2017 are currently underway.Placements under PMKVY (2016-2020) are categorised into wage and self-employment. Approximately 76 percent of the candidates have been placed in wage employment and 24 percent placed in self-employment/entrepreneurship. Eighty percent of the candidates placed in wage employment across various sectors i.e. Electronics and Hardware, Apparel, Beauty and Wellness, Agriculture, Retail, Logistics, Leather, Telecom, Security, Textiles and Handlooms.Commenting on the progress of the scheme, Rajesh Agrawal, Joint Secretary \u0026 CVO, Ministry of Skill Development and Entrepreneurship (MSDE) said,\u003e PMKVY (2016-2020) scheme is closely aligned with the industry requirement of a job-ready workforce. Embarking on the Skill India Mission, our endeavour has been to provide superlative quality training in industry relevant job role. The Skill India Mission also promotes entrepreneurship, which is further supported by Mudra Loans and other financial provisions.“Self-employed candidates are encouraged and supported in availing Mudra Loans through the UdyamiMitra Portal. Currently, more than 10,000 candidates have applied for these loans,” Agrawal further added.Jayant Krishna, ED \u0026 COO, National Skill Development Corporation (NSDC) commented,\u003e NSDC is working collaboratively with its training providers, sector skill councils and industry for creating and deploying good and quality trained resources who could cater to the evolving demands of the organisations. Our initiatives such as integrations with organisations, syndication with portals such National Career Service, creation of Labour Market Information System, organizing job fairs (Rozgar Melas) and more, are intended to match demand with supply.NSDC is continuously working towards accomplishing the objectives laid down under Skill India Mission by training and facilitating employment for skilled manpower across leading organisations across the country, namely Tata Motors, Pay TM, Honda Motorcycle \u0026 Scooter, Accenture, PVR Cinemas, Bata India, G4S Secure Solutions, Lemon Tree Hotels, L\u0026T, Tata Sky, Samsung, Volkswagen, SBI Life etc.The PMKVY (2016-20), launched in November 2016 with an outlay of Rs. 12,000 crore, is the biggest training and certification programme of the Government of India. It aims to skill one crore youth by 2020. In nearly 16 months of its launch, the scheme has certified over 13 lakh candidates under its two different programs - Short Term Trainings and Special Projects. The scheme’s other component - Recognition of Prior Learning is a certification programme that gives due importance to learning as an outcome rather than learning as process.With inputs from IANSDo you have an interesting story to share? Please write to us firstname.lastname@example.org. To stay updated with more positive news, please connect with us onFacebookandTwitter.