Context:
Parliament’s Public Accounts Committee has criticised the implementation of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY Scheme) after citing findings of the CAG audit report. The concerns include mismatch between training and market demand, poor placement outcomes, weak planning, and fraudulent certification cases.
Explanation:
- Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship skill development scheme of the Ministry of Skill Development and Entrepreneurship (MSDE).
- It was launched in 2015 to provide industry-relevant skill training to Indian youth and improve their employability.
- The scheme is implemented mainly through training partners, sector skill councils and certification agencies under the skill development ecosystem.
- Public Accounts Committee (PAC) is a parliamentary financial committee that examines government expenditure and reports of the Comptroller and Auditor General of India (CAG).
- CAG is a constitutional authority under Article 148 and audits government expenditure to ensure accountability and financial propriety.
La Excellence IAS Academy, the best IAS coaching in Hyderabad, known for delivering quality content and conceptual clarity for UPSC 2026 preparation.
FOLLOW US ON:
◉ YouTube : https://www.youtube.com/@CivilsPrepTeam
◉ Facebook: https://www.facebook.com/LaExcellenceIAS
◉ Instagram: https://www.instagram.com/laexcellenceiasacademy/
GET IN TOUCH:
Contact us at info@laex.in, https://laex.in/contact-us/
or Call us @ +91 9052 29 2929, +91 9052 99 2929, +91 9154 24 2140
OUR BRANCHES:
Head Office: H No: 1-10-225A, Beside AEVA Fertility Center, Ashok Nagar Extension, VV Giri Nagar, Ashok Nagar, Hyderabad, 500020
Madhapur: Flat no: 301, survey no 58-60, Guttala begumpet Madhapur metro pillar: 1524, Rangareddy Hyderabad, Telangana 500081
Bangalore: Plot No: 99, 2nd floor, 80 Feet Road, Beside Poorvika Mobiles, Chandra Layout, Attiguppe, Near Vijaya Nagara, Bengaluru, 560040