– ₹173.35 crore remained unutilised in the first three years due to ineffective planning.
– Release of funds amounting to ₹341.11 crore lacked a need-based action plan; this left ₹119.89 crore unspent.
– Instances noted include diversion of funds (₹7.56 crore) and excess release (₹12.98 crore).
– Over ₹97 crore retained as unutilised funds since its inception in 2009.
– Welfare schemes focused narrowly on certain worker categories like drivers and conductors.
The findings from the CAG report highlight key institutional shortcomings within Karnataka’s skill development initiatives over a six-year period (2017-2023). Despite enterprising targets to empower youth with employable skills through extensive government-funded programmes, placement outcomes drastically lagged expectations at just an 18% success rate against a set mandate of 70%.This inefficiency impacts both economic growth trajectories and employment readiness among karnataka’s youth.
The financial mismanagement detailed by the CAG calls into question both administrative foresight and accountability mechanisms-it underscores the absence of evidence-based resource planning that left large sums unspent or diverted while failing to meet critical inclusion benchmarks for disadvantaged groups (SC/ST populations). Moreover, regional discrepancies point towards uneven programme outreach that needs correction if equitable development is to be achieved across districts.Also troubling is how dedicated welfare bodies like the Unorganised Workers’ Social Security Board fail to implement broad-reaching support despite significant fund inflows-a missed prospect given India’s important proportion of informal-sector workers reliant on safety nets.
Strict structural reforms across governance processes are essential not only for optimising utilisation but also for ensuring long-term benefits reach intended beneficiaries-an outcome vital for enhancing state-level human capital productivity amidst rising competitiveness nationwide.