​The Standard Training Assessment and Reward scheme was launched with the objective to benefit a million youth in a year, and introduced monetary reward to incentivise skill training. The scheme was relaunched in 2015 as Pradhan Mantri Kaushal Vikas Yojana, and has an ambitious programme to skill 2.4 million youth a year. This article is an analysis of the evaluation of the scheme done by the National Skill Development Agency.