Context

The government plans to revamp its skills framework, including a more targeted Pradhan Mantri Kaushal Vikas Yojana.

About

• The Skill development and entrepreneurship ministry has released its 2025 Vision statement to help enhance the scale of skilling in the country, in line with vision of making India the skills capital of the world.
• It plans to revamp its skills framework, including a more targeted Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
• It aims to set a dedicated ‘National Institute of Skill Development’ to centralise skill training and funding. The structure and functions of the institute are yet to be decided.
• A dedicated institute for skill development could serve as a common umbrella, collectively evolving into a think tank for knowledge production and capacity building for skill and entrepreneurship development in the country.
• NSDC (National Skills Development Corporation) will cease to play the role of an implementor PMKVY and focus on its other three roles- creating sustainable ecosystem for skill development, incentivising skill development programmes, and providing services such as innovation and funding.
• The ministry is looking to enhance the role of ‘sector skills councils’ to assess demand generation in the informal sector.
• Participation from states and MSMEs, we will now be increased to account for local context and skilled needs of the informal sector.

Evolution

• In 2015 the government had rolled out a ‘National Policy for Skill Development and Entrepreneurship’, aiming at policy prescription to make India the skills capital of the world though Skills India Mission, to be reviewed in five years.
• Since a comprehensive skills policy is already under place, the new framework intends to supplement this with a five-year vision to achieve desired results.