SYLLABUS
GS-2: Government policies and interventions for development in various sectors and issues arising out of their design and implementation; Issues relating to the development and management of the Social Sector/Services relating to Health, Education, and Human Resources.
GS-3: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment.
Context: Recently, the Ministry of Skill Development and Entrepreneurship (MSDE)-through the State/UT governments and the Directorate General of Training (DGT) has officially invited industry leaders to join the PM-SETU (Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs) scheme.
More on the News
- Expressions of Interest have been issued by the Centre and by States and Union Territories to upgrade ITIs and NSTIs through industry participation.
- The initiative will be implemented through State and Union Territory governments and the Directorate General of Training (DGT).
- So far, Karnataka, Gujarat, Assam and Chandigarh are the first to release EOIs for this initiative.
About PM-SETU Scheme:
Core Objectives
- Modernisation: Transform 1,000 traditional ITIs into modern centres of excellence to meet current and future global skill demands.
- Industry Integration: Transition from a government-led to a “government-owned, industry-managed” model.
- Youth Empowerment: Link skilling with innovation and entrepreneurship to enhance employability for approximately 20 lakh youth over five years.
Key Features
- Hub-and-Spoke Model: The scheme utilises a network of 200 Hub ITIs (equipped with advanced infrastructure and innovation centers) connected to 800 Spoke ITIs to extend outreach.
- Industry Governance: Each upgraded cluster is managed by a Special Purpose Vehicle (SPV) where industry partners hold 51% ownership and the government holds 49%.
- Global Centers of Excellence: Five National Skill Training Institutes (NSTIs) in Bhubaneswar, Chennai, Hyderabad, Kanpur, and Ludhiana will be upgraded to meet international standards.
- Phased Implementation: The first phase includes a specific focus on ITIs in Patna and Darbhanga (Bihar).
Funding & Administration
- Nodal Ministry: Ministry of Skill Development and Entrepreneurship (MSDE).
- Total Outlay: ₹60,000 crore (centrally sponsored scheme), shared between the Centre (₹30,000 cr), States (₹20,000 cr), and Industry (₹10,000 cr).
- Co-financing: The World Bank and the Asian Development Bank (ADB) are providing global co-financing support for the central share.