CAG Exposes Massive Flaws in PMKVY: Data, Funds, Training Under Scrutiny

• CAG audit reveals serious shortcomings in PMKVY (2015-2022), including data control, beneficiary verification, and financial management.
• Inaccurate beneficiary records, single bank accounts linked to multiple users, and identical training photos were found.
• Many training centers were closed/non-functional; Aadhaar-enabled biometric attendance systems were often missing or not working.
• Crucial records (photo/video proofs, education docs) were not stored; beneficiary selection was flawed, with only 41% placement.
• Weak financial management, delayed fund release, underutilization, and funds withheld/transferred improperly were observed.

Why It Matters: CAG report highlights critical failures in PMKVY, urging robust monitoring and data control for future success.