Pmkvy 2.0 franchise Background

Skills and knowledge are the motivating forces of the financial growth and economic development of any country, and India is no exception. India currently faces a severe shortage of skilled workers as compared with other countries, and the accelerated economic growth has only increased the demand for skilled manpower. The challenge is further aggravated by the fact that the skill ecosystem cuts across multiple sectors and requires the involvement of various stakeholders, such as State and Central Government departments, training providers, employers, industry and
knowledge partners, assessment and certification bodies, and the beneficiaries – the trainees. As India moves progressively towards becoming a global knowledge economy, it must meet the aspirations of youth and aim towards skilling them with the best possible standards. The skill development of the working population is currently one of the top priorities for the country. This is evident by the exceptional progress India has made over the years in the skill development sector; however, there is dire need for a comprehensive ecosystem to impart quality skills to the youth of the country in order to meet global standards. In this regard, it is pertinent to create synergies between such stakeholders of the skill ecosystem, to coordinate and streamline multiple skill development initiatives undertaken by the Government of India. It is of critical importance that the processes that impact the quality of training at the Training Centres (TCs) are aligned across various schemes. In view of this, the guidelines for Accreditation, Affiliation, and Continuous Monitoring have been formulated for the Skill Ecosystem, hereafter referred to as Skill Ecosystem Guidelines.

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