Overview
- The state cabinet cleared Karnataka’s first comprehensive skill development policy, aiming to make the state a leading talent hub and support a $1 trillion economy by 2032.
- The financing plan includes ₹1,386 crore via Asian Development Bank loans and ₹410 crore through PPPs, with the balance from ongoing schemes and departmental budgets as detailed by the government.
- The policy integrates credit-based vocational education across schools, colleges and universities and deepens industry partnerships through apprenticeships and ITI adoption.
- A unified digital portal will deploy AI-driven training, assessments and career guidance, with measures to enable international certifications, migration support and specialised training for global mobility.
- MKKY 2.0 will serve as the umbrella scheme, paired with ITI modernisation, GTTC expansion, rural and urban skilling hubs and a 5% M&E carve-out, responding to CAG findings of low placements and missed training targets.