The advantages of PMKVY consist of:

Financial benefits: For skill training, candidates receive an average of Rs. 8,000.

Insurance against accidents: A three-year accidental insurance policy of Rs. two lakh is given to qualified candidates.

Training pertinent to the industry: The program offers training that is appropriate for the sector.

Appreciating past knowledge The program evaluates and qualifies those who have previous expertise.

Unique initiatives: Projects to upskill street food vendors, craftsmen, and weavers have been started by the plan.