The Yield keyword in Python is similar to a return statement used for returning values or objects in Python. However, there is a slight difference. The yield statement returns a generator object to the one who calls the function which contains yield, instead of simply returning a value.

The yield keyword is used in Python in order to create a generator function, i.e., one that can be used like an iterator object. In such a function, the yield keyword converts the expression following it into a generator object, which may be iterated over again and again to return the values contained inside it.

An example of a Python program implementing the yield keyword is:

# define the generator function
def generator_function():
     yield “Apple”
     yield “Banana”
     yield “Carrot”

generator_object = generator_function()
print(type(generator_object))

# yield the different values inside the object
print(next(generator_obj)
print(next(generator_obj)
print(next(generator_obj)

# Output = <class ‘generator’>
           Apple
           Banana
           Carrot