The ambitious Pradhan Mantri Kaushal Vikas Yojana (PMKVY) with an outlay of Rs.1500 crore has been cleared. This will be the flagship scheme for skill training of youth to be implemented by the new Ministry of Skill Development and Entrepreneurship through the National Skill Development Corporation (NSDC). The scheme will cover 24 lakh persons. Skill training would be done based on the National Skill Qualification Framework (NSQF) and industry led standards.
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