• UGI USER
  • Jul 23, 2024
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WOMEN-LED DEVELOPMENT AND BUDGET ALLOCATION

Why in the news?

  • India is transitioning from women’s development to women-led development.
  • Budget allocation for women’s welfare and empowerment increased by 218.8%.
  • Gender Budget now constitutes 6.5% of the total Union Budget, the highest since 2006.
source:pib

Key Facts:Female Labour Force Participation:

  • Female Labour Force Participation Rate (LFPR) rose from 23.3% in 2017-18 to 37% in 2022-23, driven by rural women.
  • Skilling schemes have increasingly targeted women:
    • PMKVY: Women trained increased from 42.7% (2015-16) to 52.3% (2023-24).
    • Jan shikshak sang(JSS) scheme: 82% of beneficiaries are women.
    • ITIs and National Skill Training Institutes: Female participation rose from 9.8% to 13.3%.
About Pradhan Mantri Kaushal Vikas Yojana(PMKVY):

  • PMKVY: Flagship scheme by Ministry of Skill Development & Entrepreneurship since 2015-16.
  • Objective: Provide industry-relevant skill training for better livelihoods.
  • Components: Short-Term Training, Recognition of Prior Learning, Special Projects, Kaushal and Rozgar Mela, Placement, and Monitoring Guidelines.
  • PMKVY 2.0: Expanded in scope and geography (2016-2020), aligning with government missions, targeting 10 million youth.
  • PMKVY 3.0: Focuses on demand-driven, decentralised skill development, digital technology, and Industry 4.0, training 8 lakh candidates with Rs 948.90 crore, starting 2020-2021.