“A Study on Pradhan Mantri Kaushal Vikas Yojana (PMKVY) in Odisha

Skill development and skill enhancement is an essential part for any business organization. Every organization is looking for skilled manpower to enhance the productivity. In India, supply of manpower is adequate but most of them do not possess adequate skills to remain competitive in the market. Therefore, the gap remains in the labour market. Most of the workforces are stuck in the unorganized sector, where they do not have adequate wage and working environment. Because of which, it is directly affecting the socio economic well-being of the individuals. There is a need to change this system. Skill enhancement is a massive task and it may not be possible without the help of government as well as other stakeholders. Specific industry should come forward to resolve the issue. The primary job is to identify the sectors where skill shortages are massive. Government already identif ied various sector skill councils and established National Skill Development Corporation (NSDC). The objective is to impart training and skill enhancement policies decided by the government. Almost all the sectors are coming under purview of sector skill council. Not only the existing job market, should the effort be made to enhance the employability for the future job market as well.