India, Oct. 6 -- Special purpose vehicles with credible anchor industry partners will be set up under the Rs 60,000 crore PM-SETU scheme to manage clusters and ensure outcome-based training, the Ministry of Skill Development and Entrepreneurship said.
Under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU), launched by Prime Minister Narendra Modi on Saturday, new, demand-driven courses will be introduced in a bid to transform 1,000 Government ITIs across India into modern, industry-aligned training institutions.
Besides, existing courses will be revamped in collaboration with industries.
The scheme will also help create pathways for long-term diplomas, short-term courses, and executive programm...