Which of the following was announced in the Union Budget 2023-24 to enhance the skills of lakhs of youth in the next 3 years?
Show Hint
- Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 1.0
- Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 2.0
- Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 3.0
- Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 4.0
The Correct Option is D
Solution and Explanation
Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 4.0 – Union Budget 2023-24
In the Union Budget 2023-24, the government announced Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 4.0 to enhance the skills of lakhs of youth over the next three years. This iteration aims to:
- Expand and improve upon the training initiatives of previous versions.
- Address more advanced skills and wider sectors.
- Meet the evolving demands of the economy.
PMKVY 4.0 is expected to play a crucial role in equipping the youth with the necessary skills for emerging job markets and fostering economic growth.
The correct answer is (D): Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 4.0
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