Pravasi Kaushal Vikas Yojana: All You Need To Know

Introduction

  • PM Modi announced about PKVY skill development program at the fourteenth edition of Pravasi Bharatiya Divas
  • PKVY is aimed at imparting skill training to Indian youth seeking employment overseas
  • PKVY is launched as a means of showing respect to the contributions made by Indians overseas by ensuring their welfare and safety
  • PKVY launched after the inauguration of Pravasi Bharatiya Divas at Bengaluru

Indian Diaspora

  • 30 million Indians live abroad
  • They reflect the Indian ethos, culture and values
  • Annual remittance of Indians abroad comes around $69 billion annually
  • PM Modi urged PIO card holders to change to OCI cards by June 30, 2017

About PKVY

  • PKVY is to be launched to address the brain drain challenge into brain gain
  • PKVY will help boost the confidence of Indian youth when they land abroad
  • Skill development is given to Indian youth based on the vocation they choose
  • PKVY will ensure that Indian youth will not feel as strangers in foreign nations
  • The training program will be of international standards
  • Indian youth will be trained and certified under PKVY

Nodal Agency

  • Implemented by National Skill Development Corporation (NSDC)
  • Ministry of External Affairs
  • Ministry of Skill Development and Entrepreneurship
  • Training partners of NSDC

Benefits

  • PKVY will keep safety and security of Indian working abroad as the top most priority
  • Welfare of the overseas Indians is ensured through external affairs ministry
  • External affairs ministry will come to the aid of overseas Indians in distress through social media
  • PKVY will help keep a track record of the Indian youth going abroad after getting trained in the skill development program
  • PKVY will aid in making India the World’s Skill capital
  • PKVY will serve as a vehicle for NSDC to enter into MoU with different agencies of 
          a. European Union
          b. United States
          c. United Kingdom
          d. Germany
          e. Australia
          f. Canada
          g. France
          h. Singapore
         i. China
         j. Iran 

Conclusion

  • PKVY is a skill development program aimed at the welfare, safety and security of overseas Indians especially Indian youth interested in going abroad to work
  • In the due course of time, PKVY will help convert Brain drain into brain gain
  • India will become a major supplier of skilled professionals to the entire world in the next decade and PKVY is one of the schemes to realize this vision
  • Fraudulent practices by consultancies to cheat youth by giving false promises about abroad opportunities will be reduced to the core
  • Overall, PKVY will serve as a proper channel for the disoriented Indian youth with aspirations to going abroad and work with certified skill training
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