New-Age Skills Focus under PMKVY 4.0: Training Numbers and Funds Released

What happened: PMKVY 4.0 training delivery numbers, course focus, and funds released

The Ministry of Skill Development and Entrepreneurship (MSDE) reported State/Union Territory-wise numbers of candidates trained under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) during the last five years and the current year (FY21-22, FY22-23, FY23-24, FY24-25, FY25-26, and FY26-27). The MSDE communication also highlighted that PMKVY 4.0 is a demand-driven scheme and that PMKVY 4.0 uses National Skills Qualification Framework (NSQF) standardisation to align training with industry needs and national priorities.

MSDE stated that ₹2,392.37 crore has been released for implementation of PMKVY 4.0 in the last three years starting from FY 2022-23 and in the current financial year FY 2026-27. MSDE also stated that PMKVY 4.0 introduced 600+ new-age and futuristic courses to meet emerging technology and market demand.

MSDE linked PMKVY 4.0 training to new-age job roles such as AI (Artificial Intelligence), Robotics, Internet of Things (IoT), Semiconductor, Drone technology, Solar, 3D Printing, among other areas, as per changing requirement and market demand. As on 30.06.2026, MSDE stated that around 5.44 lakh candidates were trained/oriented in new-age and futuristic job roles under PMKVY 4.0 across India.

Key delivery design: demand-driven training and NSQF alignment

MSDE stated that PMKVY 4.0 is demand-driven. MSDE also stated there is no provision for State-wise fund allocation under PMKVY 4.0, meaning training delivery is not described as being planned through fixed State-wise funding caps in the communication.