News: On October 4, the Prime Minister launched PM-SETU, a centrally sponsored scheme to upgrade 1,000 Government ITIs.
About PM-SETU Scheme
- Full Form: Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs.
- It modernizes government ITIs through a hub-and-spoke model to align skilling with market demand.
- Type of Scheme: Centrally sponsored scheme (government-owned but industry-managed through Anchor Industry Partners)
- Finance: Total investment of Rs. 60,000 crore with global co-financing support from the World Bank and Asian Development Bank.
- Aim: To deliver outcome-based skilling, strengthen employability, and connect youth with global skill demands.
- First phase focuses on ITIs in Patna and Darbhanga.
- Key Features
- Under PM-SETU, 1,000 Government ITIs will be modernised using a hub-and-spoke model.
- The network will include 200 hub ITIs and 800 spoke ITIs to cover a wide geographic area.
- Hub ITIs will host innovation centres, training for trainers, production units, and dedicated placement services to support students.
- Spoke ITIs will improve access by bringing quality training to regions that are farther from the hubs.
- Anchor Industry Partners will manage these clusters so that training remains aligned with market demand and leads to better employment outcomes.
- Significance: It will redefine the ITI ecosystem, integrate education with the job market, ensure hands-on training, and open new opportunities across sectors as workshops of Aatmanirbhar Bharat.
