Question
The National Scheme for Industrial Training Institute
(ITI) Upgradation has been approved by the Government of India. Which international organizations are co-financing 50% of the Central share under this scheme?Solution
• The National Scheme for ITI Upgradation and Setting up of Five National Centres of Excellence for Skilling was approved by the Union Cabinet of India in May 2025. • Objective: o Upgrade 1,000 Government ITIs in a hub-and-spoke arrangement with industry-aligned trades. o Set up five National Centres of Excellence in Bhubaneswar, Chennai, Hyderabad, Kanpur, and Ludhiana. o Train 20 lakh youth over five years, addressing skill shortages in high-growth sectors like electronics, automotive, and renewable energy. • Financial Outlay: ₹60,000 crore o Central Share: ₹30,000 crore o State Share: ₹20,000 crore o Industry Share: ₹10,000 crore • Co-financing: 50% of the Central share is provided equally by Asian Development Bank (ADB) and World Bank.
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