upgradation of industrial training institutes (ITIs).
Official sources told ET that the ministry of skill development and entrepreneurship (MSDE) will soon kickstart consultations with states and industry associations across potential sectors to firm up the new scheme which envisages a total investment of Rs 60,000 crore over five years to impart skills training in new-age courses to two million youth through 1000 revamped ITIs.
The identified sectors include construction sector, green energy, textiles and garments, advanced manufacturing, heavy engineering, automobiles, process industry, electronics, and telecom where rigorous skills training will be imparted to create a pool of skilled workforce.
Under the scheme, states will be responsible to put in place adequately trained instructors and the grant-in-aid by the Centre will be directly linked to the recruitment of instructors and budget provisions by state governments.
Industry, on the other hand, will be roped in for course design, trainers, and machinery under the scheme and their role will be measured in quantifiable terms.
“These consultations will be essential for the synthesis of the scheme to ensure optimum funding, improve state and industry participation, and prepare detailed guidelines for smooth roll-out of the scheme,” one of the sources said.
The plan is to develop 200 hub ITIs and 800 spoke ITIs with the support of industry associations and states respectively, selecting ITIs through a challenge method. While the hub ITIs will have short-term