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PM addresses Young CEOs at the "Champions of Change" initiative organised by NITI Aayog

Published By : Admin | August 22, 2017 | 17:41 IST
QuoteIn Government, the welfare of the people and the happiness of citizens is supreme: PM
QuoteEvery citizen must have a feeling that this country is mine & I have to work for the country: PM Modi
QuoteGandhi ji made every person feel he or she is working for the nation: PM Modi
QuoteMahatma Gandhi turned the freedom struggle into a mass movement, we need to make India's development a mass movement: PM

The Prime Minister today interacted with Young CEOs at the "Champions of Change - Transforming India through G2B partnership" initiative organised by NITI Aayog at Pravasi Bharatiya Kendra. Today was the Prime Minister's second address in this series, following his interaction with young entrepreneurs last week.

Six groups of young CEOs made presentations before the PM on themes such as Make in India; Doubling Farmers' Income; World Class Infrastructure; Cities of Tomorrow; Reforming the Financial Sector; and New India by 2022.

Appreciating the new ideas and innovations envisaged in the presentations made by the CEOs, the Prime Minister thanked them for the valuable inputs and time devoted to ideation for the benefit of the country.

He said the key decision making team of the Government has listened carefully to the presentations, and will surely benefit in their policy-making, from the 360 degree view of issues that have been presented.

The Prime Minister said people's participation is an important element of governance. Similarly, he said, this attempt at CEOs partnership with Government is aimed at enhancing their participation towards welfare of the people, and the nation.

Recalling India's freedom struggle, he said Mahatma Gandhi made all Indians, soldiers for freedom, even as they continued to do their own work. Hence, he helped the freedom struggle become a mass movement.

The Prime Minister said that today, development too, must become a mass movement. He said that a spirit should be created, whereby we all set targets for our contribution to India, by 2022. You are my team, and we need to work together to take India forward, the Prime Minister told the CEOs.

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Giving the example of value addition in agriculture, the Prime Minister said a multi-pronged approach is essential for achieving desired objectives such as doubling of agriculture incomes. Emphasizing the importance of food processing, the Prime Minister said lack of infrastructure is leading to huge losses in the agriculture sector.

The Prime Minister said the Union Government has taken a number of decisions that have brought about fundamental transformation. He gave the illustration of decisions taken for urea availability and production - such as gas price pooling; remuneration for excess production etc. This led to additional production of 20 lakh tonnes of urea. He said Neem-coating of urea ended its large scale diversion.

He said that the Government wants to move towards making India a less-cash society. He asked CEOs to partner with Government to build momentum in this regard.

Similarly, he said that on occasions such as festivals, Khadi could be promoted through gifting etc - and this would greatly help the poor. He said an atmosphere must be created to take the poor along in every sphere of life.

The Prime Minister gave the example of Government e-Marketplace (GeM) to show how small traders are competing successfully in provision of supplies to the Government. He said 1000 crore rupees have been transacted through GeM so far and 28,000 suppliers have contributed to this platform.

The Prime Minister said Indians must take pride in their own country. He said each one should develop a temperament to promote tourist destinations within India, spontaneously among their contacts.

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Giving the example of "waste to wealth" entrepreneurs, the Prime Minister said that this can help achieve the objectives of Swachh Bharat and clean environment. He said the aim of entrepreneurs and business should be to provide products which solve simple problems faced by people in the country.

Several Union Ministers and senior Government officials were present on the occasion.

Click here to read full text of speech

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Cabinet approves National Scheme for ITI Upgradation and Setting up of 5 National COE for Skilling
May 07, 2025

In a major step towards transforming vocational education in India, the Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the National Scheme for Industrial Training Institute (ITI) Upgradation and the Setting up of five (5) National Centres of Excellence for Skilling as a Centrally Sponsored Scheme.

National Scheme for Industrial Training Institute (ITI) Upgradation and Setting up of five (5) National Centres of Excellence (NCOE) for Skilling will be implemented as a Centrally Sponsored Scheme as per announcement, made under Budget 2024-25 and Budget 2025-26 with outlay of Rs.60,000 crore (Central Share: Rs.30,000 crore, State Share: Rs.20,000 crore and Industry Share: Rs.10,000 crore), with co-financing to the extent of 50% of Central share by the Asian Development Bank and the World Bank, equally.

The scheme will focus on upgradation of 1,000 Government ITIs in hub and spoke arrangement with industry aligned revamped trades (courses) and Capacity Augmentation of five (5) National Skill Training Institutes (NSTIs), including setting up of five National Centres of Excellence for Skilling in these institutes.

The Scheme aims to position existing ITIs as government-owned, industry-managed aspirational institutes of skills, in collaboration with State Governments and industry. Over a five-year period, 20 lakh youth will be skilled through courses that address the human capital needs of industries. The scheme will focus on ensuring alignment between local workforce supply and industry demand, thereby facilitating industries, including MSMEs, in accessing employment-ready workers.

The financial assistance provided under various schemes in the past was suboptimal to meet the full upgradation needs of ITIs, particularly in addressing growing investment requirements for infrastructure upkeep, capacity expansion, and the introduction of capital-intensive, new-age trades. To overcome this, a need-based investment provision has been kept under the proposed scheme, allowing flexibility in fund allocation based on the specific infrastructure, capacity, and trade-related requirements of each institution. For the first time, the scheme seeks to establish deep industry connect in planning and management of ITI upgradation on a sustained basis. The scheme will adopt an industry-led Special Purpose Vehicle (SPV) model for an outcome-driven implementation strategy, making it distinct from previous efforts to improve the ITI ecosystem.

Under the scheme, infrastructure upgradation for improved Training of Trainers (ToT) facilities will be undertaken in five National Skill. Training Institutes (NSTIs), namely Bhubaneswar, Chennai, Hyderabad, Kanpur, and Ludhiana. Additionally, pre-service and in-service training will be provided to 50,000 trainers.

By addressing long-standing challenges in infrastructure, course relevance, employability, and the perception of vocational training, the scheme aims to position ITIs at the forefront to cater to skilled manpower requirement, aligned to the nation’s journey to becoming a global manufacturing and innovation powerhouse. It will create a pipeline of skilled workers aligned with industry demand, thereby addressing skill shortages in high-growth sectors such as electronics, automotive, and renewable energy. In sum, the proposed scheme aligns with the Prime Minister’s vision of Viksit Bharat, with skilling as a key enabler to meet both current and future industry needs.

Background:

Vocational education and training can be an immense driver of economic growth and productivity, as India embarks on its aspirational journey towards a developed nation by 2047. Industrial Training Institutes (ITIs) have been the backbone of vocational education and training in India since the 1950s, operating under State Governments. While ITI network has expanded by nearly 47% since 2014, reaching 14,615 across with 14.40 lakh enrolment, vocational training via ITIs remains less aspirational and have also suffered from lack of systemic interventions to improve their infrastructure, and appeal.

While in the past there have been schemes to support the upgradation of ITIs, it is perhaps, the best time to scale incremental efforts of the last decade through a nationally scalable program for ITI re-imagination with course content and design aligned with industry needs to create a pool of skilled workforce as one of the key enablers to realize the goal of Viksit Bharat.