The Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is a flagship initiative by the Government of India. It is aimed at providing skill development and vocational training to Indian youth. Starting a PMKVY franchise can be a rewarding business opportunity, aligning with the government’s skill development agenda. Here’s a step-by-step guide on how to start a PMKVY franchise in India.
PMKVY is the flagship scheme of the Ministry of Skill Development & Entrepreneurship (MSDE). The objective of this Skill Certification Scheme is to enable a large number of Indian youth to take up industry-relevant skill training that will help them secure a better livelihood. Individuals with prior learning experience or skills will also be assessed and certified under the Recognition of Prior Learning (RPL).
The government gave the Ministry of Skill Development and Entrepreneurship instructions to create and carry out the Pradhan Mantri Kaushal Vikas Yojana in March 2015. The National Skill Development Corporation was to handle it. The Yojana was given a budget of approximately Rs. 1500 crore. The government intended to give skills training to lower-income populations, class 10 and class 12 dropouts, and individuals from low-income groups.
Table of Contents
8 Steps to Start PMKVY Training Partner Franchise
1. Understand Pradhan Mantri Kaushal Vikas Yojana
Start by thoroughly understanding the PMKVY scheme, its objectives, and the skills it aims to impart. PMKVY offers various courses in sectors like healthcare, retail, tourism, and more. You must familiarize yourself with the specific courses you intend to offer.
The Pradhan Mantri Kaushal Vikas Yojana was created as a skill certification and reward program with the intention of encouraging a large number of Indian youngsters to enroll in skill development programs and find sustainable employment. A total of 332 job roles have been included in the 3.0 edition for implementation to keep the training provided in the context of the market.
2. Eligibility Criteria
Ensure that you meet the eligibility criteria set by the PMKVY scheme. Generally, franchisees should be organizations or individuals with experience in skill development, training, or education.
3. Business Plan
You need to develop a comprehensive business plan that outlines your goals, budget, and strategies for executing PMKVY training programs effectively. Also, include details on how you plan to promote your franchise and attract students.
4. Location Selection
Choose an appropriate location for your PMKVY center. Ensure it is easily accessible to your target audience. Consider factors like proximity to educational institutions and public transportation.
If you have already a training center, you can apply for the affiliation of the PMKVY franchise. All the centers including private training partners, corporate and Government affiliated will need to go through the Central Accreditation and Affiliation process as defined by the guidelines to avail the Franchisee. Any exception in the Centre Accreditation and Affiliation would be processed depending on various cases. Different cases would have different approaches by the committee.
However, the committee may consider any exception or take different approaches in the Centre Accreditation and Affiliation process depending on various cases.
5. Infrastructure and Equipment
The next step is to set up the necessary infrastructure. It includes classrooms, computer labs (if required), and training equipment. Ensure that your center complies with the guidelines provided by PMKVY.
6. Trainer and Staff Selection
Hire qualified trainers and staff with experience in the specific skill areas you plan to teach. PMKVY mandates that trainers should possess the necessary certifications and qualifications.
7. Affiliation Process
Contact the relevant Sector Skill Councils (SSCs) or affiliated training partners associated with PMKVY to initiate the affiliation process. You need to provide the required documents and information about your center.
8. Financial Investment
As an affiliated training center, you have to pay a registration and an annual monitoring fee. Other investments include infrastructure costs, staff salaries, and training materials.
How To Apply for PMKVY Franchise
If you already have a training center or you want to open a new one, in both cases, you have to apply for accreditation. And you can file the application online. Visit the official site and find out more about the registration process for becoming a PMKVY Training Partner.
Frequently Asked Questions
What is the Pradhan Mantri Kaushal Vikas Yojana (PMKVY)?
PMKVY is a flagship initiative by the Government of India aimed at providing skill development and vocational training to Indian youth to make them more employable.
Who is eligible to start a PMKVY franchise in India?
Eligibility criteria may vary, but generally, organizations or individuals with experience in skill development, training, or education are eligible to become PMKVY franchisees.
How do I choose the right courses to offer under PMKVY?
Research the demand for specific skills in your region. Choose courses that align with local job opportunities and industry demand.
What infrastructure is required to set up a PMKVY center?
You will need classrooms, training equipment, and, if applicable, computer labs. Ensure that your infrastructure complies with PMKVY guidelines.
What are the courses offered under Pradhan Mantri Kaushal Vikas Yojana?
PMKVY 3.0: Course list under Pradhan Mantri Kaushal Vikas Yojana is listed below:
- Agriculture course
- Iron and steel course
- Role-playing course
- Health care course
- Green Jobs Course
- Gems & Jewellery Course
- Furniture and Fitting Course
- Food Processing Industry Course
- Electronics course
- Construction course
- Goods and Capital Course
- Insurance, Banking, and Finance Courses
- Beauty and wellness
- Automotive course
- Apparel course
- Retail course
- Power industry course
- Plumbing course
- Mining course
- Entertainment and Media Course
- Logistics Course
- Life science course
- Leather course
- IT course
- Skill Council for Persons with Disability Course
- Hospitality and Tourism Course
- Textiles Course
- Telecom course
- Security service course
- Rubber course
How do I affiliate my PMKVY center with Sector Skill Councils (SSCs) or training partners?
Contact the relevant SSCs or training partners associated with PMKVY to initiate the affiliation process. They will guide you through the required documentation and steps.
What are the financial considerations for starting a PMKVY franchise?
Your financial investment will include franchise fees, infrastructure costs, staff salaries, and training materials. Develop a detailed budget to assess your financial requirements.
How can I ensure the quality of training at my PMKVY center?
Hire qualified trainers and adhere to the curriculum and assessment procedures prescribed by PMKVY. Regularly assess and evaluate trainer and student performance.
Can I seek financial support or loans for setting up a PMKVY franchise?
Explore potential sources of funding, including government schemes and loans from financial institutions. Government agencies may offer subsidies or grants for skill development initiatives.
What is the role of PMKVY in providing training materials and curriculum?
PMKVY provides standardized curriculum and training materials for its courses. Franchisees should follow these guidelines to maintain consistency and quality.
What are the key benefits of starting a PMKVY franchise?
Starting a PMKVY franchise allows you to contribute to skill development in India, align with government initiatives, and potentially benefit from government support and recognition.
How can I stay updated with changes in PMKVY guidelines or courses?
Regularly visit the official PMKVY website and stay in touch with SSCs or training partners. They often provide updates, training resources, and notifications about changes in the program.