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Special purpose vehicles with credible anchor industry partners will be set up under the Rs 60,000-crore PM-SETU scheme to manage clusters and ensure outcome-based training, the Ministry of Skill Development and Entrepreneurship said. Under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU), launched by Prime Minister Narendra Modi on Saturday, new, demand-driven courses will be introduced in a bid to transform 1,000 government ITIs across India into modern, industry-aligned training institutions. Besides, existing courses will be revamped in collaboration with industries. The scheme will also help create pathways for long-term diplomas, short-term courses, and executive programmes. PM-SETU will follow a hub-and-spoke model, with 200 hub ITIs linked to 800 spoke ITIs. Each hub will be equipped with advanced infrastructure, innovation and incubation centres, production units, training of trainer facilities, and placement services, while the
Prime Minister Narendra Modi on Saturday unveiled various youth-focused initiatives worth more than Rs 62,000 crore, with a special emphasis on poll-bound Bihar. Modi launched PM-SETU (Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs), a centrally sponsored scheme with an investment of Rs 60,000 crore. It envisages the upgradation of 1,000 government ITIs in a hub-and-spoke model comprising 200 hub ITIs and 800 spoke ITIs. "Collectively, PM-SETU will redefine India's ITI ecosystem, making it government-owned but industry-managed, with global co-financing support from the World Bank and Asian Development Bank," a PMO statement earlier said. In the first phase of the scheme implementation, there will be a special focus on ITIs in Patna and Darbhanga in Bihar. A special emphasis of the programme will be on transformative projects in Bihar, reflecting the state's rich legacy and youthful demographic, the statement said. Modi launched Bihar's revamped ...
L&T Technology Services on Wednesday said it has signed an MoU with BITS Pilani and the Centre for Research and Excellence in National Security (CRENS), to drive R&D and skill development in areas critical to national security. Hosted at the Birla Institute of Technology and Science (BITS) Pilani's Hyderabad campus, CRENS will be the central hub for this collaboration, engaging with law enforcement, industry specialists, and academic researchers to drive technological innovation and comprehensive skill development. Participation from defence experts, including former leaders from the armed forces and the Defence Research and Development Organisation (DRDO), will also be seen, a company statement said. "This landmark collaboration aims to drive Research & Development (R&D), innovation, and skill development in areas critical to national security, including cybersecurity, perimeter security, digital forensics, and emerging technologies," it said. LTTS and BITS Pilani ...