{"id":66870,"date":"2025-12-25T11:03:17","date_gmt":"2025-12-25T05:33:17","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=66870"},"modified":"2025-12-25T12:54:24","modified_gmt":"2025-12-25T07:24:24","slug":"pm-setu-scheme","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/pm-setu-scheme\/","title":{"rendered":"PM-SETU Scheme"},"content":{"rendered":"<h2><b>PM-SETU Scheme Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Recently, the Ministry of Skill Development and Entrepreneurship has invited industry leaders to participate in the PM-SETU scheme.<\/span><\/p>\n<h2><b>About PM-SETU Scheme<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs<\/b><span style=\"font-weight: 400;\"> (PM-SETU) is a <\/span><b>Centrally Sponsored Scheme<\/b><span style=\"font-weight: 400;\"> launched to strengthen India\u2019s vocational training ecosystem.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It aims to <\/span><b>modernise the ITI ecosystem by upgrading 1000 government<\/b><span style=\"font-weight: 400;\"> ITIs across India into modern, industry-aligned training institutions<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Implementation:<\/b><span style=\"font-weight: 400;\"> It is implemented as a <\/span><b>hub-and-spoke model, <\/b><span style=\"font-weight: 400;\">with 200 hub ITIs linked to 800 spoke ITIs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">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.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Financial outlay:<\/b><span style=\"font-weight: 400;\">\u00a0 <\/span><b>\u20b960,000 crore,<\/b><span style=\"font-weight: 400;\"> over a <\/span><b>five- year period.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Nodal Ministry: <\/b><span style=\"font-weight: 400;\">Ministry of Skill Development and Entrepreneurship<\/span><\/li>\n<\/ul>\n<h2><b>Components of PM-SETU Scheme<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Introduce new, demand-driven courses and revamp existing ones in collaboration with industry;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Special Purpose Vehicles:<\/b><span style=\"font-weight: 400;\"> Set up Special Purpose Vehicles (SPVs) with credible Anchor Industry Partners to manage clusters and ensure outcome-based training;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Create pathways for long-term diplomas, short-term courses, and executive programs;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Strengthen 5 National Skill Training Institutes<\/b><span style=\"font-weight: 400;\"> in \u2013 Bhubaneswar (Odisha), Chennai (Tamil Nadu), Hyderabad (Telangana), Kanpur (Uttar Pradesh), Ludhiana (Punjab), as Centres of Excellence with global partnerships.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The initiative is backed by global <\/span><b>co-financing<\/b><span style=\"font-weight: 400;\"> from the <\/span><b>World Bank and Asian Development Bank.<\/b><\/li>\n<\/ul>\n<p><b>Source: <\/b><a href=\"https:\/\/www.newsonair.gov.in\/ministry-of-skill-development-entrepreneurship-invites-industry-leaders-to-participate-in-pm-setu-scheme\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\"><strong>News On Air<\/strong><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PM-SETU Scheme is a Centrally Sponsored Scheme launched to strengthen India\u2019s vocational training ecosystem. Read more about PM-SETU Scheme, Aims, Features, Latest News.<\/p>\n","protected":false},"author":23,"featured_media":66773,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[3095],"class_list":{"0":"post-66870","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-pm-setu-scheme","9":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/66870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=66870"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/66870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/66773"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=66870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=66870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=66870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}