Cabinet Clears Rs 600 billion ITI Upgrade Scheme
ECONOMY & POLICY

Cabinet Clears Rs 600 billion ITI Upgrade Scheme

In a significant move to modernise vocational training in India, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the National Scheme for Industrial Training Institute (ITI) Upgradation and the establishment of five National Centres of Excellence for Skilling. This centrally sponsored scheme, announced under Budgets 2024–25 and 2025–26, carries a total outlay of Rs 600 billion, with contributions from the Centre (Rs 300 billion), States (Rs 200 billion), and Industry (Rs 100 billion). Half of the central share will be co-financed by the Asian Development Bank and World Bank.

The scheme will focus on upgrading 1,000 government ITIs through a hub-and-spoke model aligned with industry needs and revamping courses to match evolving skill demands. It also includes capacity enhancement of five National Skill Training Institutes (NSTIs)—located in Bhubaneswar, Chennai, Hyderabad, Kanpur, and Ludhiana—where five National Centres of Excellence will be established.

The initiative aims to skill 2 million youth over five years, address skill shortages in high-growth sectors such as electronics, automotive, and renewable energy, and create employment-ready talent pools aligned with MSME and broader industry requirements. A key innovation is the introduction of an industry-led Special Purpose Vehicle (SPV) model to oversee implementation, ensuring sustained private sector engagement.

The scheme also includes enhanced Training of Trainers (ToT) facilities and aims to train 50,000 trainers through both pre-service and in-service programs. With a flexible, need-based investment framework, it seeks to address longstanding gaps in infrastructure, course relevance, and the perception of vocational education.

Positioned as a key component of the Viksit Bharat vision for 2047, this initiative is expected to transform India’s ITI ecosystem into aspirational, government-owned but industry-managed institutions that equip youth with future-ready skills.

(PIB)

In a significant move to modernise vocational training in India, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the National Scheme for Industrial Training Institute (ITI) Upgradation and the establishment of five National Centres of Excellence for Skilling. This centrally sponsored scheme, announced under Budgets 2024–25 and 2025–26, carries a total outlay of Rs 600 billion, with contributions from the Centre (Rs 300 billion), States (Rs 200 billion), and Industry (Rs 100 billion). Half of the central share will be co-financed by the Asian Development Bank and World Bank.The scheme will focus on upgrading 1,000 government ITIs through a hub-and-spoke model aligned with industry needs and revamping courses to match evolving skill demands. It also includes capacity enhancement of five National Skill Training Institutes (NSTIs)—located in Bhubaneswar, Chennai, Hyderabad, Kanpur, and Ludhiana—where five National Centres of Excellence will be established.The initiative aims to skill 2 million youth over five years, address skill shortages in high-growth sectors such as electronics, automotive, and renewable energy, and create employment-ready talent pools aligned with MSME and broader industry requirements. A key innovation is the introduction of an industry-led Special Purpose Vehicle (SPV) model to oversee implementation, ensuring sustained private sector engagement.The scheme also includes enhanced Training of Trainers (ToT) facilities and aims to train 50,000 trainers through both pre-service and in-service programs. With a flexible, need-based investment framework, it seeks to address longstanding gaps in infrastructure, course relevance, and the perception of vocational education.Positioned as a key component of the Viksit Bharat vision for 2047, this initiative is expected to transform India’s ITI ecosystem into aspirational, government-owned but industry-managed institutions that equip youth with future-ready skills.(PIB)

Next Story
Infrastructure Transport

NF Railway Launches Girder on World’s Tallest Pier Bridge in Manipur

The Northeast Frontier Railway (NFR) has reached a significant engineering milestone by successfully completing the girder launch on the iconic Noney Bridge in Manipur.Regarded as an engineering marvel, the Noney Bridge is recognized as the world’s tallest railway pier bridge. It forms a crucial part of the 111 km long Jiribam-Imphal railway line project.Recently, the final span of the bridge was successfully erected, marking the completion of all eight spans of this monumental infrastructure venture.Kapinjal Kishore Sharma, Chief Public Relations Officer of NFR, stated that this accomplishm..

Next Story
Infrastructure Urban

Cube Highways Trust Reports Rs 34.53 Bn Total Income in FY25

Cube Highways Trust (Cube InvIT), managed by Cube Highways Fund Advisors, concluded its second financial year post-listing on a strong note by reporting a total consolidated income of Rs 34.53 billion for the financial year 2025, marking a 12.3 percent year-on-year (YoY) increase.According to the official media release, Cube InvIT posted a consolidated earnings before interest, tax, depreciation, and amortisation (EBITDA) of Rs 2,380 crore, reflecting a 21.7 percent YoY growth. During the year, traffic volumes increased by 6.2 percent, while the Asset Under Management (AUM) grew 25 percent to ..

Next Story
Infrastructure Transport

New Flyover to Ease Traffic on Hyderabad’s Busiest Road

To improve urban connectivity and reduce traffic congestion in the city, the Greater Hyderabad Municipal Corporation (GHMC) will undertake the construction of a two-lane unidirectional flyover at NFCL Junction in Banjara Hills, along with a two-lane unidirectional underpass and a three-lane unidirectional flyover at TV9 Junction, as part of the state government’s prestigious Hyderabad City Innovative and Transformative Infrastructure (H-CITI) programme.The NFCL Junction flyover will be a two-lane unidirectional structure extending from Banjara Hills Road No. 3 towards GVK Mall. It is planned..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?