India, July 22 -- The Government of India has issued a release:

Financial Year

Budget Estimate (Rs.)

Revised Estimate (Rs.)

Actual Expenditure (Rs.)

2023-24

1,558.00

920.00

510.52

2024-25

1,938.30

1,538.00

1,538.00

2025-26

1,915.00

1,100.00

265.57

The Pradhan Mantri Kaushal Vikas Yojana (PMKVY), launched in 2015, has progressively evolved towards demand-driven, industry-aligned and outcome-oriented skilling. PMKVY 1.0 established the national framework for short-term training, certification and Recognition of Prior Learning; PMKVY 2.0 expanded sectoral and geographical coverage, introduced State-led implementation and promoted convergence with national priorities and missions; while PMKVY 3.0 strengthened decentralized, bot...