Consider the following statements with reference to the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme -
- It is a centrally sponsored scheme with a total investment of ₹60,000 crore.
- The scheme will transform 1,000 Government ITIs by adopting a hub-and-spoke model, where 200 hub ITIs will be linked to 800 spoke ITIs.
- The scheme aims to strengthen five National Skill Training Institutes as Centres of Excellence with global partnerships.
- The entire funding for the scheme is being provided by the Government of India, without any external co-financing.
Which of the statements given above are correct?
Explanation - Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme is a centrally sponsored scheme with an investment of Rs 60,000 crore. The scheme aims to transform 1,000 Government ITIs across India into modern, industry-aligned training institutions. 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 spokes will extend access and outreach. The scheme will — Introduce new, demand-driven courses and revamp existing ones in collaboration with industry; Set up Special Purpose Vehicles (SPVs) with credible Anchor Industry Partners to manage clusters and ensure outcome-based training; Create pathways for long-term diplomas, short-term courses, and executive programs; Strengthen 5 National Skill Training Institutes in – Bhubaneswar (Odisha), Chennai (Tamil Nadu), Hyderabad (Telangana), Kanpur (Uttar Pradesh), Ludhiana (Punjab), as Centres of Excellence with global partnerships. The initiative is backed by global co-financing from the World Bank and Asian Development Bank, with the first phase focusing on Patna and Darbhanga ITIs.
Explanation - Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme is a centrally sponsored scheme with an investment of Rs 60,000 crore. The scheme aims to transform 1,000 Government ITIs across India into modern, industry-aligned training institutions. 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 spokes will extend access and outreach. The scheme will — Introduce new, demand-driven courses and revamp existing ones in collaboration with industry; Set up Special Purpose Vehicles (SPVs) with credible Anchor Industry Partners to manage clusters and ensure outcome-based training; Create pathways for long-term diplomas, short-term courses, and executive programs; Strengthen 5 National Skill Training Institutes in – Bhubaneswar (Odisha), Chennai (Tamil Nadu), Hyderabad (Telangana), Kanpur (Uttar Pradesh), Ludhiana (Punjab), as Centres of Excellence with global partnerships. The initiative is backed by global co-financing from the World Bank and Asian Development Bank, with the first phase focusing on Patna and Darbhanga ITIs.