Govt trained 1.64 crore under PMKVY since 2015; but stopped tracking placements in last 3 years

The government has trained over 1.64 crore youth under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) since 2015, however, only 24 lakh placements were officially tracked until 2021-22. The ministry of skill development and entrepreneurship (MSDE) has admitted that it has stopped tracking placements under the PMKVY 4.0 in an official reply to the Lok Sabha.

In March 2025, a parliamentary panel report flagged the missing data and emphasised the need to provide placement details as it is the “real barometer for measuring the success of the scheme”.

However, the latest response of the ministry said that the placements were tracked under the Short-Term Training component of the PMKVY in the first three versions — PMVY1.0, PMKVY 2.0 and PMKVY 3.0 — implemented from 2015-16 to 2021-22.

In an effort to make youth job-ready, the Centre launched its flagship PMKVY scheme in 2015. Under the scheme, skill training is imparted through Short Term Training (STT) and re-skilling and upskilling through Recognition of Prior Learning (RPL).

Data of last 3 years 'missing'

More than 24.38 lakh candidates who got training were placed by 2021-22. However, the employment outcomes of the last three years are unaccounted for.

The latest version of the scheme, PMKVY 4.0, focuses on empowering youth digitally through Skill India Digital Hub (SIDH), a unified platform that integrates skilling, education, employment, and entrepreneurship ecosystems.

Through the SIDH platform, candidates can access jobs and apprenticeship opportunities. Additionally, Rozgar Melas and Pradhan Mantri National Apprenticeship Melas (PMNAMs) have been organized to facilitate the placement opportunities to the certified candidates, the ministry said in the reply.

Also read PMKVY Scheme: 40% of 1.5 crore in skill training women; electronics, apparel top sectors

Funds allocated under youth loan schemes

The Centre has launched several schemes to provide credit or loan to youth for establishing business enterprises, self-employment ventures, and micro-enterprises. Even as the placement-tracking mechanism has been 'delinked' under the PMKVY 4.0 scheme, the government has been disbursing large sums under the credit-based employment schemes.

Pradhan Mantri Mudra Yojana (PMMY) - Launched on April 8, 2015, the scheme provides collateral free institutional credit to any individual, who is otherwise eligible to take a loan and has a business plan for small business enterprise . Such applicants can avail loan up to Rs 20 lakh under the scheme for generating income in the manufacturing, trading, services, and the agriculture-allied sectors.

The government has sanctioned Rs 35.13 lakh crore till June 2025. As per the data shared by the ministry, the state-wise highest loan amount sanctioned so far and the number of loan accounts under PMMY is given below.

PM Vishwakarma Scheme - The ministry launched the PM Vishwakarma scheme on September 17, 2023, to provide end-to-end support to traditional artists and craftspeople engaged in 18 identified trades. Till June 2025, around Rs 3,919.87 crore was sanctioned by the government for the scheme. There are a total of 4,54,513 loan accounts under the PM Vishwakarma scheme, the government data revealed.

Also read Economic Survey 2024-25 highlights skills mismatch; over 50% graduates, 40% postgraduates underemployed

DAY-NULM - Deendayal Antyodaya Yojana - National Urban Livelihoods Mission (DAY-NULM) was implemented up to September 20, 2024, with an objective to reduce poverty by enabling urban poor households to access self-employment and skilled wage opportunities. Financial assistance was provided to individuals or groups of urban poor for setting up gainful self-employment ventures and micro enterprises.

A total of Rs 8,775.02 crore was sanctioned till September last year for 9,81,899 (nearly 10 lakh) beneficiaries. States that received the highest number loan amount disbursed under the SEP component of DAY-NULM are given below.