Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is a skill development initiative scheme of the Government of India for recognition and standardisation of skills.
An outlay of ₹120 billion has been approved by the cabinet for this project. The scheme has a target to train 1 crore Indian youth from 2016-20. As of 18 July 2016, 17.93 lakh candidates were trained out of 18 lakh who enrolled for the scheme.