The program, which was announced in Budget 2024–2025, will be run as a centrally sponsored program, lets learn more about this!
The program, which was announced in Budget 2024–2025, will be run as a centrally sponsored program.
Concerning the Scheme Goal: Establish current ITIs as industry-managed, government-owned, and aspirational skill-building institutions in cooperation with state governments and business. Over five years, the total expenditure came to ₹60,000 crore (Rs. 30,000 crore for the central share, Rs. 20,000 crore for the state share, and Rs. 10,000 crore for the industry share).
It will be equally funded by the World Bank and the Asian Development Bank up to 50% of the central share. The main goal is to upgrade 1,000 government ITIs in hub and spoke arrangements with industry-aligned, redesigned trades (courses).
Capacity Five National Skill Training Institutes (NSTIs) will be expanded, and five National Centers of Excellence for Skilling will be established inside these institutions.
Use an outcome-driven implementation strategy by implementing a Special Purpose Vehicle (SPV) model that is led by the industry.
About the Structure of ITIs: Since the 1950s, ITIs, which are run by state governments, have served as the foundation for Vocational Education and Training (VET) in India.
The Accreditation of ITIs: entrusted to the Ministry of Skill Development & Entrepreneurship's Directorate General of Training (DGT), the highest VET authority.
Status: Approximately 15,034 ITIs are now in operation, with 78% of them being privately held.
Programs include Model ITI, Enhancing Skill Development Infrastructure in Northeast States (ESDI), and Skills Strengthening for Industrial Value Enhancement (STRIVE).
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‘We survived by sheer luck’: Kashmir family’s harrowing escape as mortar shell strikes just meters from home
Classrooms fall silent across regions as learning shifts to home
In an effort to fight pollution, the Delhi Cabinet approved a project worth Rs 3.21 crore to conduct five cloud-seeding trials throughout the National Capital Region (NCR)
Supreme Court of India started examining its ruling from 2022 regarding the Prevention of Money Laundering Act (PMLA)
The Cabinet Committee on Economic Affairs (CCEA) has approved the updated SHAKTI (Scheme for Harnessing and Allocating Koyala Transparently in India)
‘We survived by sheer luck’: Kashmir family’s harrowing escape as mortar shell strikes just meters from home
Classrooms fall silent across regions as learning shifts to home
India activates Territorial Army war clouds loom over Pakistan standoff
SC rejects plea to force implementation of NEP
Skyfall averted: How India’s air defense crushed Pakistan’s missile and drone barrage
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