Pradhan Mantri Kaushal Vikas Yojana
India is counted as one of the youngest nations in the world constitute more than 62% of its population of the age group of 15-59 years, and around 54% of the population are of below 25 years of age. To avail of the benefit of demographic dividend, India has to take measures to use its workforce with the employable skills and knowledge which will result in the economic growth of the country. The major contribution to economic growth comes from the secondary and tertiary sectors, it raises the demand for skilled manpower.
The Pradhan Mantri Kaushal Vikas Yojana is a flagship scheme launched by the Ministry of Skill Development and Entrepreneurship. The main objective of this skill certification scheme is to allow a large number of India and youth to take up industry-relevant skill training that will help them in securing a better livelihood. The individuals with prior learning or skills are also assessed and certified under the Recognition of Prior Learning(RPL).
Salient features of Pradhan Mantri Kaushal Vikas Yojana
Who all are eligible to apply under Pradhan Mantri Kaushal Vikas Yojana?
Nature of Assistance
The scheme is aiming to:
How to apply online in Pradhan Mantri Kaushal Vikas Yojana?
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FAQ’s
Loan against mutual funds (LAMF) allows you to borrow cash against your mutual fund investments as collateral. You can use Volt Money to lien mark your mutual funds digitally to avail an instant limit without losing the ownership of your mutual funds and all the associated benefits with it. Funds will be made available in the form of an overdraft facility.
The annual fee for the Axis Privilege Card is typically Rs. 1,500 plus taxes. This fee can be waived if the cardholder achieves an annual spending milestone, though the exact spending amount for the waiver can vary by card variant. For example, a common waiver condition is spending above Rs. 2.5 lakh in an anniversary year.
Luxe Vouchers are digital gift cards that can be redeemed across popular luxury and lifestyle brands such as Myntra, Flipkart, Pantaloons, and more. Once you qualify for the offer, the voucher code will be sent directly to your registered email ID or mobile number. In most cases, vouchers are delivered within 5–7 working days after successful validation of your transaction or application.
Yes, you can apply even with a low CIBIL score, but your chances of approval may be limited. Most banks and lenders prefer a CIBIL score of 750 or above for quick approval and better interest rates. If your score is lower, some lenders may still consider your application based on other factors such as your income, employment stability, or existing relationship with the bank. However, you may be offered a lower loan amount or higher interest rate. Improving your credit score before applying can increase your chances of getting approved on favorable terms.