ThePrint ThePrintPOD: Where is Skill India money going? It’s a Rs 48,000 crore mystery
Aug 5, 2025
Discover the shocking mismanagement of funds in India's skill development programs. Personal stories reveal broken promises and the harsh reality of unfulfilled training. Despite vast government spending, unemployment persists, raising doubts about the credibility of training institutes. The conversation critiques existing policies and calls for a reevaluation to better prepare the youth for future opportunities. Dive into this perplexing paradox of investment versus outcome!
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Paradox of India's Skilling Efforts
- Despite large government spending, industries face acute skilled manpower shortages and rising unemployment.
- Skilling policies exist but systemic failures and missed opportunities persist in implementation.
PMKVY Funding vs Outcomes
- The Pradhan Mantri Kaushal Vikas Yojana (PMKVY) shows huge funds but poor utilization and low job placement.
- Short training durations and certificate inflation reduce the scheme's effectiveness and credibility.
PMKVY Trainee's Disillusionment
- Ashish Rati shared his cousin trained 15 days under PMKVY with no job follow-up.
- He received a certificate but no employment, describing the program as false hope.