Cabinet approved a ₹60,000-crore scheme for ITI Upgradation and National Skilling Centres

Current Context: The Union Cabinet, chaired by Prime Minister Narendra Modi, approved a ₹60,000-crore scheme on May 7, 2025, aimed at upgrading 1,000 government-run ITIs and establishing five National Centres of Excellence for Skilling at NSTIs in Bhubaneswar, Chennai, Hyderabad, Kanpur, and Ludhiana.

Key Objectives:

Modernization of ITIs: Focus on advanced training modules, industry-specific curricula, and digital learning infrastructure.
Sector-Based Skill Development: Training aligned with high-growth sectors like electronics, automotive, renewable energy, and AI-driven technologies.
Industry Collaboration: Strong engagement with private players, ensuring placements and job-readiness.
Youth Empowerment: Skilling 20 lakh individuals over five years, enhancing employability.

Funding Structure:

₹30,000 crore from the Central Government
₹20,000 crore from State Governments
₹10,000 crore from Industry stakeholders
Co-financing from Asian Development Bank (ADB) & World Bank

Question:

Q.1 What is the total financial outlay of the scheme approved by the Union Cabinet on May 7, 2025, for upgrading ITIs and setting up Centres of Excellence?
a) ₹40,000 crore
b) ₹50,000 crore
c) ₹60,000 crore
d) ₹75,000 crore

Answer: c) The Union Cabinet, chaired by PM Narendra Modi, approved a ₹60,000-crore scheme to

modernize 1,000 ITIs and establish five Centres of Excellence.