India Launches Major ITI Revamp for Skilling Revolution

The Indian government on Wednesday greenlit an expansive Rs 60,000 crore scheme aimed at transforming vocational education across the country. The decision was made in a Union Cabinet meeting led by Prime Minister Narendra Modi, focusing on upgrading 1,000 Industrial Training Institutes (ITIs) into industry-ready hubs.

With an eye on upskilling, the initiative will revamp existing ITIs in collaboration with state governments and industry partners. It aims to skill 20 lakh youth over the next five years through revamped trades aligned with market demand, thereby addressing the skill gap in high-growth sectors.

The newly approved scheme will adopt an industry-led Special Purpose Vehicle (SPV) model for improved execution. Infrastructure and trainer facilities will see significant upgrades in five National Skill Training Institutes, ensuring the program is a key driver toward achieving India's vision of Viksit Bharat.

(With inputs from agencies.)