Explained: Blueprint To Upgrade Industrial Training Institutes
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20 Aug 2024
Finance Minister Nirmala Sitharaman's latest Budget includes a plan to upgrade 1,000 Industrial Training Institutes (ITIs)
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The ITIs will follow a hub-and-spoke model, comprising 200 hubs and 800 spoke institutes.
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Development of these ITIs will be in collaboration with state governments and industry players
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The initiative is a Centrally Sponsored Scheme aimed at aligning course content with industry needs
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Emphasis of initiative will be on practical, outcome-based learning
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The total budget for this initiative is Rs 60,000 crore, with Rs 30,000 crore from the central govt, Rs 20,000 crore from states, and Rs 10,000 crore from industry and CSR funding
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Programs will include redesigned and new 1-2 year courses, with specialised short-term courses available at hub ITIs
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The plan includes capacity building at five national training institutes to upskill trainers
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Over five years, an estimated 20 lakh students are expected to benefit from the upgraded ITIs
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The initiative aims to bridge the gap between education and industry demand
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