Govt's aim to skill 10 million youth by 2020 falling 64% short of target

There is a direct link between India's underskilled workforce and high unemployment rates

The Ministry of Skill Development and Entrepreneurship (MSDE), created in 2014, was allocated Rs 3,400 crore (Budget Estimates) in the 2018-19 Budget, nearly 55% more than the previous year but short of what it had expected  

The 2018-19 allocation represented a “drastic cut” by the Ministry of Finance against the Rs 7,696.54 crore requested by the MSDE, due to underutilisation of funds allocated to it in previous years, revealed a parliamentary committee report in March 2018. 

The committee warned that the budgetary cut would “adversely affect various schemes” implemented by the ministry. The MSDE found only passing reference in the