Page 2 - Skill Development

PM Modi launches schemes worth ₹62k crore with poll-bound Bihar in focus

The schemes include a major national initiative to upgrade Industrial Training Institutes and several youth-focused programmes in Bihar

PM Modi unveils initiatives worth over ₹62,000 cr for youth; Bihar in focus

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 ...

Skilling failure: Govt must streamline delivery models for better outcomes

With the launch of the Skill India Mission, NSDC became nodal implementing agency for myriad skills under this umbrella, a function that demands a significantly different set of managerial abilities

PM internship scheme pilot likely to be extended for two months

The launch of the full fledged scheme would be based on the feedback received from the stakeholder consultations and evaluation of outcomes during the implementation of the Pilot Project

India emerging GCC hub for life sciences companies, says EY report

The report, titled Reimagining Life Sciences Global Capability Centres (GCCs), said that life sciences GCCs in India now handle 70 per cent of finance, 75 per cent of HR, 62 per cent of supply chain

KPMG India Skills Head on Consulting in the Age of AI

Narayanan Ramaswamy, National Leader - Education & Skill Development at KPMG India, shares transition from B-school to corporate tips, the skills global MBAs need, and how to stay ahead in an AI world

Decriminalising offences under Apprenticeship Act to boost skilling

Under the amended section 30, there will be advisory for first-time offenders and censure for subsequent offences, and thereafter, leading to penalties, if any

Align skill development programmes with local needs: House committee

A parliamentary panel has asked the skill ministry to match training programmes with local job demands, speed up skill gap reports, and improve PMKVY's industry alignment

Reliance, Adani, Mahindra among top firms in ₹60k cr govt ITI upgrade plan

The Ministry of Skill Development and Entrepreneurship plans to modernise 1,000 ITIs, train two million youth in five years, and align vocational education with industry needs in a hub-and-spoke model

Skill ministry eyes 1990s-style reforms for vocational education

Skilling to be redefined, realigned with global standards under proposed policy

Truth behind MIT researchers' claim that using ChatGPT can rot your brain

MIT researchers say using ChatGPT can rot your brain. Truth is little more complicated

Changing skill demands: Era of big bench strength at IT firms may be over

Companies such as Infosys, Wipro, Cognizant, and Tech Mahindra have maintained their IT utilisation rates at around 85 per cent over the past couple of years

LTTS, BITS Pilani, CRENS team up for R&D, skill growth in national security

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 ...

Chhattisgarh govt signs new agreement to boost its textile hub ambitions

The agreement with the Clothing Manufacturers Association of India (CMAI) is expected to boost the state's economy and create jobs

PMKVY 4.0: Parl panel asks skill ministry to make placement figures public

The move will also ensure that there is a database of the employment generated under the central government's flagship skill development scheme

NIIT acquires Coimbatore-based deep skilling training provider iamneo

Under the agreement, NIIT will acquire the remaining 30 per cent shareholding in phases from iamneo's promoters in subsequent tranches over the next five years

Skill development ministry teams up with WEF for 'India Skills Accelerator'

The Ministry of Skill Development and Entrepreneurship on Tuesday said it has collaborated with the World Economic Forum to launch the "India Skills Accelerator" initiative. The India Skills Accelerator initiative will function as a public-private collaboration platform to enable cross-sectoral efforts for unlocking innovative ideas. At its core, the Accelerator aims to catalyze change across three critical levels -- by improving awareness and shifting mindsets around future skills needs; increasing collaboration and knowledge sharing among stakeholders; and committing to upgrade institutional structures and policy frameworks to support a more adaptive and responsive skilling ecosystem, the Ministry stated. The initiative's governance structure includes key stakeholders from public and private sectors, led and co-chaired by Jayant Chaudhary, Minister of State for Skill Development and Entrepreneurship. It will also have two private co-chairs -- Shobana Kamineni, Executive Chairpers

Delhi govt signs MoU with Centre for skill development among Sikh youth

The Delhi government signed a Memorandum of Understanding (MoU) with the Centre for the skill development of Sikh youth, with an allocation of Rs 100 crore to enhance employment opportunities, officials said on Saturday. This initiative will be implemented by the Delhi Sikh Gurdwara Management Committee (DSGMC), Industry Minister Manjinder Singh Sirsa said. Union Minister of Minority Affairs Kiren Rijiju and Sirsa visited a gurdwara to seek blessings following the signing of the MoU. Sirsa said Sikh students interested in skill development in any field can approach the DSGMC for training under the programme. Rijiju said the initiative will initially benefit 31,000 youth and will be gradually expanded. He added that the programme aims to generate employment and ensure greater workforce participation among young individuals.

'Need to upskill our youth': Sibal stresses skill development at UIA meet

Sibal emphasized that strengthening the manufacturing sector would create jobs and improve India's strategic and economic standing

Chhattisgarh govt signs MoU with Nasscom to boost skill development

CM Sai said with a stronger focus on the skill-development sector, the state was working to align its workforce with industry needs.