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- Cabinet Approves Rs. 60,000 Cr Scheme to Upgrade ITIs
Cabinet Approves Rs. 60,000 Cr Scheme to Upgrade ITIs
- 09 May 2025
On 7th May 2025, Cabinet has cleared the National Scheme for ITI Upgradation and 5 Centres of Excellence for Skilling, with a Rs. 60,000 crore outlay.
Key Points
- Budget & Partners: Rs. 60,000 crore scheme (Rs. 30,000 cr Centre, Rs. 20,000 cr States, Rs. 10,000 cr Industry), co-financed 50% by ADB and the World Bank.
- ITI Transformation: Upgrade 1,000 Government ITIs using a hub-and-spoke model with deep industry partnerships.
- New Centres: Establish 5 National Centres of Excellence in NSTIs: Bhubaneswar, Chennai, Hyderabad, Kanpur, Ludhiana.
- Training Capacity: Skill 20 lakh youth over 5 years through modern, industry-aligned trades. Train 50,000 instructors with improved ToT facilities.
- SPV Model: First-time adoption of an industry-led SPV model for implementation to ensure outcome-focused, flexible fund use.
- Focus Sectors: Electronics, automotive, and renewable energy among sectors targeted for skilled workforce pipelines.
- Vision Link: Scheme aligns with the vision of Viksit Bharat 2047, aiming to make skilling aspirational and employment-ready.
State In News
State In News
State In News
- Andhra Pradesh
- Arunachal Pradesh
- Assam
- Bihar
- Chhattisgarh
- Delhi
- Goa
- Gujarat
- Haryana
- Himachal Pradesh
- Jammu And Kashmir
- Jharkhand
- Karnataka
- Kerala
- Ladakh
- Madhya Pradesh
- Maharashtra
- Manipur
- Meghalaya
- Mizoram
- Nagaland
- Odisha
- Punjab
- Rajasthan
- Tamil Nadu
- Telangana
- Tripura
- Uttar Pradesh
- Uttarakhand
- West Bengal