Pradhan Mantri Yuva Yojana. A Central government Scheme.

Pradhan Mantri Yuva Yojana (PMYY), launched by the Ministry of Skill Development and Entrepreneurship is a new scheme to scale up an ecosystem of entrepreneurship for youngsters. Through this scheme, the central government will arrange entrepreneurship education and training programs for youngsters for next 5 years.

The scheme will run for five years from 2016-17 to 2020-21 with a project cost of about 499.94 Crore. Under the Pradhan Mantri Yuva Yojana, more than 7 Lakh youngsters will be provided entrepreneurship education and training through 3,050 institutes across India.

Highlights of Pradhan Mantri Yuva Yojana:

• The scheme will run for a period of five years from 2016-17 to 2020-2021.
• The project implementation cost would be Rs. 499.94 Crore.
• The scheme will offer education and training about entrepreneurship to over 7 lakh students in 5 years.
• Training will be provided through 3050 Institutes across India.
• The scheme will also offer easy access to information and mentor network, credit and advocacy to build a way-out for the youngsters.
• Institutes under Pradhan Mantri Yuva Yojana will include 2200 Institutes of Higher Learning (colleges, universities, and premier institutes), 300 schools, 500 ITIs and 50 Entrepreneurship Development Centers.
• The training programs will be carried out by the institutes through Massive Open Online Courses (MOOCs).

The scheme was launched on on 9 November 2016 during an event marking the second foundation day of Ministry of Skill Development and Entrepreneurship. 


For more details, please visit official website of MSDE at http://msde.gov.in