PM to launch Rs 62,000 crore youth and education push with focus on Bihar tomorrow

New Delhi: Prime Minister Narendra Modi will unveil various youth-focused initiatives worth more than Rs 62,000 crore on Saturday, his office said, billing the exercise as a landmark initiative for youth development which will give a decisive push to education, skilling, and entrepreneurship. The PMO said Modi will launch PM-SETU (Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs), a centrally sponsored scheme with an investment of Rs 60,000 crore.

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The scheme envisages the upgradation of 1,000 government ITIs in a hub-and-spoke model comprising 200 hub ITIs and 800 spoke ITIs. Each hub will be connected to four spokes on average, creating clusters equipped with advanced infrastructure, modern trades, digital learning systems, and incubation facilities. Anchor industry partners will manage these clusters, ensuring outcome-based skilling aligned with market demand, it said, adding that hubs will also house innovation centres, training-of-trainers facilities, production units, and placement services, while spokes will focus on expanding access.