PATNA, Oct. 4 -- In a decisive push to youth skilling and education in Bihar and entrepreneurship across the country, Prime Minister Narendra Modi will unveil various youth-focused initiatives worth over Rs.62, 000 crore on Saturday, said a government official familiar with the matter. A special emphasis of the programme will be on transformative projects in Bihar, reflecting the state's rich legacy and youthful demographic. While the PM will unveil the scheme through video conferencing from Delhi's Vigyan Bhawan, chief minister Nitish Kumar will attend the function in Patna. The PM will also launch Bihar's revamped Mukhyamantri Nishchay Svyam Sahayata Bhatta Yojana, under which nearly five lakh graduate youth every year will receive a monthly allowance of Rs.1,000 for two years, along with free skill training. He will also launch the redesigned Bihar Student Credit Card Scheme, which will provide completely interest-free education loans of up to Rs.4 lakh, significantly easing the financial burden of higher education. More than 3.92 lakh students have already availed of loans worth over Rs.7,880 crore under the scheme. Further strengthening youth empowerment in the state, Bihar Yuva Ayog, a statutory commission for people between the ages of 18 and 45, will be formally inaugurated by the PM to channelise and harness the energies of the state's young population. PM Modi will also inaugurate the Jan Nayak Karpoori Thakur Skill University in Bihar, envisioned to impart industry-oriented courses and vocational education to create a globally competitive workforce and lay the foundation stone for new academic and research facilities in four universities of Bihar and dedicate new campus of NIT Patna in Bihta. With the capacity to host 6,500 students, the campus houses advanced facilities including a 5G use case lab, a Regional Academic Centre for Space established in collaboration with ISRO, and an Innovation and Incubation Centre that has already supported nine start-ups. Taking forward the National Education Policy 2020 with the vision to make higher education avenues better, Modi will lay the foundation stone for new academic and research facilities in four universities namely Patna University, Bhupendra Narayan Mandal University, Madhepura, Jai Prakash Vishwavidyalaya, Chapra and Nalanda Open University in Patna, under the PM-USHA (Pradhan Mantri Uchchatar Shiksha Abhiyan). Together, these projects, with a total allocation of Rs.160 crore, will benefit over 27,000 students by enabling modern academic infrastructure, advanced laboratories, hostels and multidisciplinary learning. The PM will also distribute appointment letters to over 4,000 newly recruited candidates in the Government of Bihar and release Rs.450 crore in scholarships through Direct Benefit Transfer to 2.5 million students of Class 9 and 10 under the Mukhyamantri Balak/Balika Scholarship Scheme. 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. The scheme envisages the upgrading of 1,000 Government ITIs across the country 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 and industry standards. Hubs will also house innovation centres, training-of-trainers facilities, production units, research labs, and placement services, while spokes will focus on expanding access, outreach, and community engagement opportunities....