Top challenges in Skill eco system
The top challenges in skill eco system today are:-
- Private sector employer participation in PMKVY
- Employment after Skilling
- Retention after employment
- Quality of training. The specs of the training program is defined by the donor currently and not the
beneficiary ( the employer ) ,often necessitating retraining by employer. Excessive checks and balances
are required to prevent fraudulent training practices.
- Excessive dependence on a 100 % grant model of public money
- wastage of public money when the trainee is not able get a job and use the skill
PMKVY PLUS will address all these problems
What is PMKVY PLUS?
- Classic demand driven skill model with stake for employer
- Co- pay system with employer and government contributing
- Employer specifies Customised training on top of SSC QP program
- SSC , employer , training partner and skill ministry come together the offer the training program specific
to a job role for the employer
- It is a Skill plus productivity model of training
How does this work?
- SSC and Training Partner (TP) approach large employers that they will offer “ day one” productive SSC certified employee provided they co-pay and pre- select employees for the skill training
- The TP will develop a customised training program – based on the existing QP course for that role or create a new QP – in consultation with the SSC and the employer
- SSC will issue a new QP for this role.
- Employer will take responsibility for the quality of training and will choose the training partner
- Employer will be ensure high certification and employment % by continuous evolution of the QP and the course
- Certification will be issued by SSC, skill ministry and the employer
- Employer will assess the candidates – pre and post training
- The employer will hire the certified trainees at the end of the program
- Employer will pay for the training to the TP and claim the government share only for Candidates retained after three months of employment.
- in short the employer designs the program, pre-selects and counsels the Candidate – executes through a TP, conducts quality assessments with the SSC help, certifies with the SSC and skill ministry, pays the TP and claims after three months for the retained candidates a share of the cost
Why custom designed training ?
Productivity on the job requires customised training designed for productivity post training. Employers are willing to co-pay only if the induction training is also included and employer need not provide additional training.
Why would employer co- pay?
Because a productive employee is worth paying for and the co- pay amount will be lower than the cost of low productivity of the untrained employee.
How big can this program be?
This can be a new program aimed at graduate segment in addition to PMKVY and DDUGGK. Many sectors where there is a shortage of productive employee will participate – banking ,insurance , Financial services , health care , Retail are some of the sectors
Roles ideal for PMKVY PLUS are sales and customer service in the above sectors. The potential could be as much as a million graduates an year with in 2 to 3 years.
Benefits to the employer
Day one productive employee at a subsidised cost
Benefits to the candidate
A job after training and a great chance of retaining the job plus a certification to help get the next job
Benefits to the government
- Ideal skill development model where the employer drives the entire skill development and also pays part
of the cost , absorbs the skilled employee and also retains him/her
- frees skill ministry time to focus on entrepreneurship Skilling and other programs like DDUGGK
- frees the ministry to be a regulator rather than a monitoring agency
- minimises wastage in job linked Skilling program – pay only for those retained
- employers participating in the program will have to pay fair salaries to retain employees.
TMI E2E academy along with RASCI – Retail SSC can take the initiative with Life Insurance Council – apex
body of life Insurance companies – to pilot this in life Insurance industry.