PM-SETU Scheme

PM-SETU Scheme Latest News

Recently, the Ministry of Skill Development and Entrepreneurship (MSDE), Government of India, in collaboration with the Government of Uttar Pradesh organized the PM-SETU Industry Conclave in Lucknow. 

About PM-SETU Scheme

• PM-SETU (Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs) is a Centrally Sponsored Scheme launched to strengthen India’s vocational training ecosystem.
• It aims to modernise the ITI ecosystem by upgrading 1000 government ITIs across India into modern, industry-aligned training institutions
• Implementation: It is implemented as a hub-and-spoke model, with 200 hub ITIs linked to 800 spoke ITIs.
  • Each hub will be equipped with advanced infrastructure, innovation and incubation centres, production units, training of trainer facilities, and placement services, while the spokes will extend access and outreach. 
• Objectives
  • To improve the quality of training delivery in Industrial Training Institutes (ITIs) and National Skill Training Institutes (NSTIs);
  • To modernize infrastructure and equipment as per industry standards;
  • To introduce industry-aligned long-term and short-term courses, especially in new and emerging sectors;
  • To strengthen industry linkage for demand-driven skilling and better employment outcomes; and
  • To enhance the capacity of NSTIs for training of trainers.
• Financial outlay and Time Period:  ₹60,000 crore, over a five- year period.
• Nodal Ministry: Ministry of Skill Development and Entrepreneurship

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Components of PM-SETU Scheme

• Introduce new, demand-driven courses and revamp existing ones in collaboration with industry;
• Special Purpose Vehicles: Set up Special Purpose Vehicles (SPVs) with credible Anchor Industry Partners to manage clusters and ensure outcome-based training;
• Create pathways for long-term diplomas, short-term courses, and executive programs;
• Strengthen 5 National Skill Training Institutes in – Bhubaneswar (Odisha), Chennai (Tamil Nadu), Hyderabad (Telangana), Kanpur (Uttar Pradesh), Ludhiana (Punjab), as Centres of Excellence with global partnerships.
• The initiative is backed by global co-financing from the World Bank and Asian Development Bank.

Source: PIB