Effectiveness of Pradhan Mantri Kaushal Vikas Yojana (PMKVY) in Enhancing Employability: Evidence from Karnataka

Author(s): R Harishkumar

Abstract:

This study empirically examines the effectiveness of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) in enhancing employability among trained youth in Karnataka. Using primary data collected from 50 PMKVY beneficiaries across Bangalore Urban, Bangalore Rural, and Ramanagar districts, the study evaluates training outcomes, employment status, and key determinants influencing employability. A structured questionnaire was administered, and the reliability of employability-related constructs was tested using Cronbach’s Alpha. To identify the determinants of employability, binary Logit and Probit regression models were employed, with employment status as the dependent variable. The results indicate that skill improvement acquired through PMKVY training has a statistically significant and positive impact on employment probability. Placement support and education level also emerge as crucial determinants of employability, highlighting the importance of institutional support and baseline human capital. District-wise variations in employment outcomes suggest the persistence of regional labor market disparities within Karnataka. Marginal effects analysis further reveals that improvements in skill levels and placement assistance substantially increase the likelihood of employment among trainees. The findings provide robust empirical evidence supporting PMKVY as an effective skill development intervention, while also emphasizing the need for region-specific strategies and stronger industry linkages. The study offers important policy insights for strengthening skill development programs and improving employment outcomes in emerging labor markets.

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Pages: 28-31     |    31 View     |    1 Download