Assessing the Effectiveness of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) in Enhancing Employability: A Study of Haryana

Abstract

The Skill India campaign, launched by Prime Minister Narendra Modi on July 15, 2015, aims to provide training to over 40 crore individuals across various skill sets by 2022. The Pradhan Mantri Kaushal Vikas Yojana (PMKVY) campaign commenced in the year, 2015 in India with the Trainingobjective of encouraging and promoting skill development to improve employability among the youth. PMKVY focuses on providing quality, hands-on training to enhance employability and empower individuals to succeed in the workforce by aligning their skills with the needs of the job market. This research delves into the effectiveness of the PMKVY in the state of Haryana, aiming to understand the scheme’s role in enhancing skill development and employment outcomes. By utilizing both exploratory factor analysis (EFA) and confirmatory factor analysis (CFA), the study identifies three key dimensions—perceived training effectiveness, career advancement through training, and job placement with practical exposure— that form the foundation for evaluating PMKVY's impact in the region. Data was gathered from a representative sample of 300 individuals across Haryana, with 280 participants providing complete and reliable responses. A structured questionnaire consisting of 10 targeted items captured data on these essential areas, helping to uncover the effectiveness of PMKVY interventions. The findings indicate that perceived training effectiveness, career advancement potential, and practical exposure through job placements are pivotal to the scheme’s success in Haryana, highlighting the program's ability to foster employability among participants. Further, Welch ANOVA tests reveal significant differences in employment outcomes across various demographic factors, including age, gender, marital status, educational background, and annual family income, suggesting that PMKVY's impact may vary among different population segments. This study provides valuable insights into how PMKVY contributes to employment generation and economic growth in Haryana, emphasizing the scheme’s role in addressing regional skill gaps and advancing workforce development.