Skill India Programme

Why in the news?

• Recently, the Union Cabinet has approved the continuation and restructuring of the Central Sector Scheme 'Skill India Program' till the year 2026.
• The outlay of the Skill India program for the period 2022-23 to 2025-26 is Rs 8,800 crore.
• The Skill India program now consists of the following three schemes-
  • Pradhan Mantri Kaushal Vikas Yojana 4.0 (PMKVY 4.0)
  • Pradhan Mantri National Apprenticeship Promotion Scheme (PM-NAPS)
  • Jan Shikshan Sansthan (JSS) Scheme
• Implemented by the Ministry - Union Ministry of Skill Development and Entrepreneurship
  • This ministry came into existence on 9 November 2014

About Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 4.0:

• It was launched in the year 2015.
• New versions of this scheme have been launched by the government from time to time based on the needs of the industry and the economy.
• PMKVY 4.0 was announced in the Union Budget 2023-24.
• It is being implemented from 1 April 2022 to 31 March 2026.
• The scheme emphasizes on job training, industry partnerships and;
  • Alignment of courses with industry needs.
• It focuses on new age courses like coding, AI, robotics, mechatronics, IoT, 3D printing, drones and soft skills for Industry 4.0.