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Skill development centres to be set up on PPP model
News:
- The government has approved a scheme for setting up of Indian Institute of Skills (IIS) at different locations across the country in public private partnership (PPP).
Important Facts:
2. The public-private partnership model will be adopted to set up the Indian Institutes of Skills at select locations, based on demand and available infrastructure.
3. About Indian Institute of Skills (IIS)
- The IIS is being opened by the Union Skill Development Ministry in partnership with the Institute of Technical Education, Singapore.
- Its primary objective is to empower India’s youth to be more employable and self-sustainable.
- Significance of PPP mode:
- IISs would augment the global competitiveness of key sectors of Indian economy by providing high quality skill training, applied research education and a direct and meaningful connection with industry.
- It will provide opportunity to aspiring youth across the country to have access to highly skilled training.
- Enhance the scope of accountability through its linkage with industry and global competitiveness across sectors.
- By leveraging advantages of private sector enterprise and public capital in terms of government land, it would create new institutes of expertise, knowledge and competitiveness.
