Model Appraisal Approach for Pradhanmantri Kaushal Vikas Yojana: A Perspective
Author(s):
Dr. Devendra Prasad Pathak, Dr. Anand Kumar
Keywords:
Abstract
In an economy where the dissemination of information is effortless, people are aware of the better rewarding job roles as they tend to update their skills to grab that opportunity. Consequently more and more people attempt to follow the leading trend. This leads to increase in supply of labour which in turn increases the bargaining power of the employer. With the additional increase in supply of labour, the wages or rewards in that profession tend to fall, till this labour market equilibrium ‘balances out’ the conflicting desires of workers and firms and determine the wage and level of employment that is observed in the labour market. The purpose of this article is to suggest a framework of methodology useful in analysing the efficacy of PMKVY scheme so that related researches may be conducted in future. The framework would be dichotomous as it would suggest that the concerned study to be on two fronts: firstly, the study shall be an attempt to find out the loopholes in the implementation of the PMKVY Scheme as such primarily the stakeholders of the PMKVY would be assessed for expected outcome/impact of the scheme and Secondly, the study framework would comprise of predominantly the analysis of historical data pertaining to our economy so as to verify the utility of the PMKVY scheme.
Article Details
Unique Paper ID: 152861

Publication Volume & Issue: Volume 8, Issue 4

Page(s): 672 - 676
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Volume 8 Issue 4

Last Date 25 September 2021

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