India launches PMKVY 5.0 skilling
- New PMKVY 5.0 pushes a ₹20,756 crore skilling programme aimed at training 1.10 crore learners with employer incentives and outcome‑based funding. - The scheme explicitly targets manufacturing employment and promises higher placement-linked outcomes for trained entrants. - If implemented well, employers gain stronger hiring pipelines but must adapt onboarding and certification to capture incentives. (x.com)