The Budget has turned the spotlight on skill development as a tool for employment generation, with the FM's emphasis on upgrading 1,000 Industrial Training Institutes (ITIS). Your assessment?
The Union Budget has brought back the focus on ITIs, which have been the foundation of the long-term (skill) training in the country. With the changing times, the ITIS need an upgrade.
We also have to break the conundrum wherein states are incentivised [to improve the ITIS]. This scheme shows the central government's thrust on skilling and highlights the role industry and states have to play in this regard.
What will the modalities of this scheme be? Has the ministry prepared a blueprint for the same?
Our ministry is planning to undertake one-on-one consultations with industry associations in key sectors. For example, [with] Tata Projects, L&T, Credai for the construction sector, green energy, textiles and garments, advanced manufacturing, heavy engineering, automobiles, process industry, electronics, and telecom. These consultations will be essential for the synthesis of the scheme to ensure optimum funding, improve state and industry participation, and prepare detailed guidelines. A state government will also be consulted extensively over the coming weeks to seek inputs. There will be 200 ITIS developed as hubs, while 800 will be developed as spoke, connected with five National Skill Training Institutes.
Previously, there were attempts to improve ITIs. How is this new programme different?
This story is from the August 08, 2024 edition of Business Standard.
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This story is from the August 08, 2024 edition of Business Standard.
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