UPSC Prelims 2018·GS1·economy·economic sectors and development

With reference to Pradhan Mantri Kaushal Vikas Yojana, consider the following statements: 1. It is the flagship scheme of the Ministry of Labour and Employment. 2. It, among other things, will also impart training in soft skills, entrepreneurship, financial and digital literacy. 3. It aims to align the competencies of the unregulated workforce of the country to the National Skill Qualification Framework. Which of the statements given above is/are correct?

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  1. A1 and 3 only
  2. B2 only
  3. C2 and 3 onlyCorrect
  4. D1, 2 and 3

Explanation

Let's examine the statements regarding Pradhan Mantri Kaushal Vikas Yojana (PMKVY): 1. It is the flagship scheme of the Ministry of Labour and Employment. This statement is incorrect. Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship scheme of the Ministry of Skill Development and Entrepreneurship (MSDE), implemented through the National Skill Development Corporation (NSDC). 2. It, among other things, will also impart training in soft skills, entrepreneurship, financial and digital literacy. This statement is correct. PMKVY aims to provide skill training to a large number of Indian youth, and its curriculum often includes vital components like soft skills, employability skills, entrepreneurship modules, and digital and financial literacy to make the trainees job-ready and self-reliant. 3. It aims to align the competencies of the unregulated workforce of the country to the National Skill Qualification Framework. This statement is correct. A significant component of PMKVY is the Recognition of Prior Learning (RPL), which assesses and certifies the skills acquired informally by the unregulated workforce. This process helps to align their competencies with the National Skill Qualification Framework (NSQF), thereby formalizing their skills and improving their employability. Therefore, statements 2 and 3 are correct.
economy: With reference to Pradhan Mantri Kaushal Vikas Yojana, consider the following statements: 1. It is the flagship scheme o

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