Govt spent only 5% of funds for job, skilling schemes in FY 2026

NEW DELHI: The Centre spent 5% of the funds allocated nether the flagship bundle for employment and skilling successful FY 2025-26, raising concerns implicit the inducement structure, targeting and implementation of the programme.The peculiar bundle announced by the concern curate Nirmala Sitharaman successful fund 2024-25 consisted of the internship scheme, upgradation of 1,000 govt tally concern grooming institutes (ITIs), and employment procreation schemes to accomplishment younker and marque them occupation ready. The programme had aimed to payment astir 41 cardinal younker astatine a outgo of Rs 2 lakh crore implicit a play of 5 years.Latest fund information released Sunday shows that govt spent astir Rs 1,730 crore connected the 3 components of the programme successful FY26, retired of a full of Rs 33,830 crore allocated successful the 2024-25 budget.With the internship strategy having seen lone 2 pilots, the Centre spent Rs 526 crore of Rs 10,800 crore allocated during FY26.As the strategy is being finalised and the ministry of firm affairs volition soon question a furniture approval, backing of the strategy has been pegged astatine Rs 4,788 crore successful 2026-27.In the archetypal signifier of the internship scheme, astir 6.2 lakh applications were received against astir 1.3 lakh internship opportunities. While companies made implicit 82,000 offers, lone astir 28,000 were accepted.In the 2nd round, much than 83,000 offers were made against 1.2 lakh internship opportunities, but astir 24,600 were accepted.