Pravasi Kaushal Vikas Yojana Current Affairs

PM Narendra Modi announces Pravasi Kaushal Vikas Yojana

Prime Minister Narendra Modi launched Pravasi Kaushal Vikas Yojana (PKVY), a skill development program targeted at Indian youth seeking overseas employment to make India the Skill Capital of the World.

It was launched after inauguration of 14th Pravasi Bhartiya Divas convention at India’s IT hub Bengaluru, Karnataka. Portuguese Prime Minister Antonio Costa was the Chief Guest of the event. 

Key Facts
  • PKVY will provide training and certify Indians who are seeking overseas employment in selected sectors that have high demand in the global labour market in line with international standards.
  • It will be implemented by the National Skill Development Corporation (NSDC) through its training partners and in consultation with the Union Ministry of External Affairs and the Union Skill Development Ministry.
  • It also aims at boosting the confidence of the Indian youth so that they don’t feel like strangers when they land in a country of their choice for vocation.
  • For this purpose, NSDC will leverage various MoUs it signed between 2011 and 2015 with different agencies of Germany, Canada, Australia, Singapore, UK, US, European Union, France, Iran and China.

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