Union cabinet approves Rs 60,000 crore ITI upgradation scheme

Prime Minister Narendra Modi-led cabinet, on Wednesday, also gave its go ahead to the setting up of five National Centres of Excellence for Skilling as a centrally sponsored scheme to be funded by Centre, states and the private sector. The scheme will focus on upgradation of 1,000 government ITIs in hub and spoke arrangement with industry aligned revamped trades and is expected to impart skills training to two million youth over the next five years.