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SPVs with anchor partners to be set up under ₹60,000 cr PM-SETU scheme (Soban News)

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 programmes.
PM-SETU will follow 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​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 programmes.
PM-SETU will follow 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 ​Latest News [ SOBAN NEWS: International and National ]

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