Daily News Analysis

PM-SETU Scheme

stylish_lining

At the Kaushal Deekshant Samaroh held at Vigyan Bhawan, New Delhi, the Prime Minister launched the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme. This initiative aims to overhaul India's technical training landscape and create a robust skill development infrastructure.

About the PM-SETU Scheme

The PM-SETU scheme is a centrally sponsored program with an investment of Rs 60,000 crore. It focuses on transforming 1,000 Government ITIs (Industrial Training Institutes) across India into modern, industry-aligned institutions.

Key Features of the PM-SETU Scheme:

  • Hub-and-Spoke Model:
    The scheme will follow a
    hub-and-spoke model. This will involve:

    • 200 Hub ITIs: Equipped with state-of-the-art infrastructure, innovation centres, incubation units, training facilities, and placement services.

    • 800 Spoke ITIs: These will serve as outreach centres, ensuring broader access to skill development across the country.

  • Industry-Aligned Training:
    The scheme will:

    • Introduce new, demand-driven courses that are in line with industry needs.

    • Revamp existing courses with the help of industry partnerships.

    • Establish Special Purpose Vehicles (SPVs) with Anchor Industry Partners to manage and monitor the clusters and ensure that training remains outcome-oriented.

  • Diplomas, Short-Term & Executive Programs:
    PM-SETU will provide
    pathways for:

    • Long-term diplomas.

    • Short-term certification courses.

    • Executive programs for skill upgradation.

  • Centers of Excellence (CoEs):
    The scheme will also focus on strengthening
    5 National Skill Training Institutes (NSTIs) as Centers of Excellence. These institutes will develop global partnerships and enhance skill training:

    • Bhubaneswar (Odisha)

    • Chennai (Tamil Nadu)

    • Hyderabad (Telangana)

    • Kanpur (Uttar Pradesh)

    • Ludhiana (Punjab)

  • Global Co-financing Support:
    The initiative is backed by financial support from global institutions like the
    World Bank and the Asian Development Bank (ADB).

  • First Phase:
    The initial phase of the scheme will focus on
    Patna and Darbhanga ITIs.

Significance of the PM-SETU Scheme

  1. Boost to Skill Development:
    By upgrading ITIs and aligning their courses with industry standards, the scheme will enhance employability and fill the skill gap in various sectors across India.

  2. Industry Collaboration:
    Collaborating with industries will ensure that the training provided is not only relevant but also directly linked to real-world job opportunities.

  3. Job Creation:
    The upgraded ITIs, with their new infrastructure and specialized courses, are expected to provide skill-based training to thousands of youth, ultimately contributing to job creation and reducing unemployment.

  4. Global Recognition:
    Strengthening the
    Centers of Excellence with global partnerships will raise the standards of training, ensuring that Indian workers are skilled to meet international standards.

 

Rising Household Debt in India

India is witnessing a significant rise in household debt, while net financial savings have declined from their pandemic-era highs. This trend raises concerns about the sustainability of credit-dri
Share It

Bharat Maritime Insurance Pool (BMIP)

Why in the News? World Maritime Day 2026 was observed on 24 September 2026 under the theme “From Policy to Practice: Powering Maritime Excellence.” The theme highlights the importan
Share It

India’s Shift Towards Deterrence by Punishment

​Why in News? At DefCon 2026, India’s Defence Minister outlined a shift in the country’s national security doctrine. He cautioned against the “perimeter fallacy” and h
Share It

Swachh Vayu Sarvekshan 2026

Why in News? The Ministry of Environment, Forest and Climate Change (MoEFCC) organised Swachh Vayu Diwas 2026 on the occasion of the International Day of Clean Air for Blue Skies, observed annu
Share It

Decentralised Grain Storage Plan in the Cooperative Sector

Why in News? The Decentralised Grain Storage Plan in the Cooperative Sector has gained attention because of its progress in expanding local-level grain storage capacity and strengthening agricu
Share It

Geothermal Energy in India

Why in News? The Government of India’s push for geothermal energy development has brought renewed attention to India’s geothermal potential. This follows the notification of the Nat
Share It

National Medical Commission (NMC)

Why in News? The National Medical Commission (NMC) recently proposed a Unique Identification (UID) system for doctors, which would allow doctors to practise across India without requiring separ
Share It

India–Belgium Relations

Why in News? The Belgian Prime Minister’s September 2026 visit to India strengthened bilateral ties through the India–Belgium Joint Statement, the Investment Fast-Track Mechanism, a
Share It

Pichavaram Mangrove Forest

Why in News? A landmark ecological study has estimated the Total Economic Value (TEV) of Tamil Nadu’s Pichavaram Mangrove Forest at approximately ₹2,485.38 crore. The valuation highligh
Share It

UNEP “Limiting Overshoot” Report

Why in News? The United Nations Environment Programme (UNEP) has released a report titled “Limiting Overshoot: Navigating Exceedance of 1.5°C and Pathways Towards Return.” The r
Share It

Newsletter Subscription


ACQ IAS
ACQ IAS