Pradhan Mantri Kaushal Vikas Yojana is a central government scheme supporting free, industry-driven skill development for youth and MSME workforces. Under the latest PMKVY 4.0 (2022-26), you can enrol yourself or your staff for certified job-oriented training at no cost, helping your business become more productive and competitive.
In this scheme:
As an MSME owner, you know skilled employees are the key to running a smooth business. The PMKVY scheme, now in its fourth version, is designed to provide modern, relevant, and certified vocational training to you and your workforce, helping bridge your business’s skill gaps. From technical jobs to future skills like digital, green, and new-age technologies, PMKVY 4.0 covers a vast range. This government-funded program makes skill development easy, accessible, and affordable, especially for micro, small, and medium enterprises across India.
Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship skill development program of the Ministry of Skill Development and Entrepreneurship (MSDE), launched on 16 July 2015 and currently running its PMKVY 4.0 phase (2022-2026). It aims to equip Indian youth, including MSME workers, with skills that match evolving industry needs through free, high-quality training, assessment, and certification. The National Skill Development Corporation (NSDC) implements the scheme all across the country.
PMKVY 4.0 provides comprehensive financial support. Here, the government directly bears training and associated costs.
Category | Details/Benefit | Amount/Funding Source |
A. For Candidates (Trainee Benefits) | ||
Free Skill Training | No cost for approved training programmes (STT/RPL) | 100% government funded |
Insurance | Accidental insurance coverage for 1 year after certification | Full premium paid by government |
B. Training & Certification Support | ||
Short-Term Training (STT) | Cost for 300-hour training | ₹9,540 per candidate |
Short-Term Training (STT) | Cost for 450-hour training | ₹13,724 per candidate |
Recognition of Prior Learning (RPL)* | With upskilling (30 hrs, at centre) | ₹3,126 per candidate |
Recognition of Prior Learning (RPL)* | With upskilling (30 hrs, at industry premise) | ₹2,826 per candidate |
Recognition of Prior Learning (RPL)* | With upskilling (60 hrs, at centre) | ₹3,962 per candidate |
Recognition of Prior Learning (RPL)* | With upskilling (60 hrs, at industry premise) | ₹3,662 per candidate |
Assessment & Certification Fees | Paid for first attempt and one reassessment | ₹600 per assessment |
Induction Kit | Uniform, bag, handbook | Up to ₹500 per candidate |
C. Additional Allowances | ||
Boarding & Lodging | For women, PwD, & candidates from special groups/areas | As per scheme norms |
Conveyance Allowance | For women and PwD in non-residential training | As per government norms |
Assistive Devices for PwD | For Persons with Disabilities | Up to ₹5,000 per candidate |
Tracking Allowance | For post-certification tracking (for placement support & follow-up) | ₹50 per certified candidate |
Eligibility
Non-eligibility
Step 1: Visit the official Skill India Digital portal or any accredited PMKVY training centre.
Step 2: Register yourself or your staff online (or fill out forms at the centre), submitting all required documents.
Step 3: Choose the desired training programme or NSQF-aligned job role relevant to your MSME.
Step 4: Undergo training as scheduled (classroom, blended or practical/on-the-job training).
Step 5: Appear for the government-sponsored assessment.
Step 6: Receive your digital and printed skill certificate (including accidental insurance).
Scheme Name | How It Links with PMKVY |
Prime Minister’s Employment Generation Programme (PMEGP) | Offers loans for setting up micro-enterprises after/upskilling |
Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE) | Provides collateral-free loans to MSME owners, useful post-PMKVY certification |
Entrepreneurial and Managerial Development of SMEs (MSME Ministry) | Additional skills and management development, similar to PMKVY |
National Small Industry Corporation (NSIC) Subsidy Schemes | Subsidised training and market access for MSMEs |
PMKVY 4.0 is your MSME’s opportunity to build a skilled workforce without the burden of training costs. Every rupee invested by the scheme in you or your employees translates into stronger, more efficient, and future-ready enterprises, so that your business can grow confidently in India’s new economy.