{"id":46359,"date":"2025-10-04T16:19:19","date_gmt":"2025-10-04T10:49:19","guid":{"rendered":"https:\/\/financialtelegraph.in\/index.php\/2025\/10\/04\/pm-setu-scheme-unleashed-rs-62k-cr-youth-power-boost\/"},"modified":"2025-10-04T16:19:19","modified_gmt":"2025-10-04T10:49:19","slug":"pm-setu-scheme-unleashed-rs-62k-cr-youth-power-boost","status":"publish","type":"post","link":"https:\/\/financialtelegraph.in\/index.php\/2025\/10\/04\/pm-setu-scheme-unleashed-rs-62k-cr-youth-power-boost\/","title":{"rendered":"PM-SETU Scheme Unleashed \u2013 Rs 62K Cr Youth Power Boost"},"content":{"rendered":"
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\"PM-SETU<\/p>\n

New Delhi [India], October 4: <\/b>Prime Minister Narendra Modi just dropped a Rs 62,000 crore megaboost \u2013 PM-SETU \u2013 for India\u2019s youth. Think ITIs, skill labs, and global employability, basically the rocket fuel for a self-reliant Bharat.<\/span><\/p>\n

Kaushal Deekshant Samaroh: Not Your Average Convocation<\/b><\/h3>\n

Vigyan Bhawan in New Delhi wasn\u2019t just hosting a convocation; it turned into a mega youth festival. PM Modi greeted lakhs of students from ITIs across India, Bihar in particular, recalling the tradition of massive ITI graduations he started a few years back. \u201cToday is another milestone,\u201d he said, with a hint of pride that only comes from seeing young Indians geared for real-world skills.<\/span><\/p>\n

The day wasn\u2019t about ceremonial pomp alone. PM Modi launched <\/span>youth-focused initiatives worth over Rs 62,000 crore<\/b>, aimed at transforming education, skills, and jobs across India. And yes, Bihar got a special spotlight, because when India\u2019s youth thrive, so does the nation.<\/span><\/p>\n

PM-SETU Scheme: ITIs Go Global<\/b><\/h2>\n

The star of the show: <\/span>PM-SETU (Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs)<\/b>. Budget? Rs 60,000 crore. Scale? 1,000 ITIs. Goal? Make Indian youth globally employable.<\/span><\/p>\n

Here\u2019s the blueprint:<\/span><\/p>\n

    \n
  • 200 \u201chub\u201d ITIs with 800 \u201cspoke\u201d ITIs.<\/span><\/li>\n
  • Advanced machinery, industry mentors, and new curricula.<\/span><\/li>\n
  • Innovation centres, production units, placement services.<\/span><\/li>\n
  • Global co-financing from the World Bank and the Asian Development Bank.<\/span><\/li>\n<\/ul>\n

    In PM Modi\u2019s words: \u201cPM-SETU will connect Indian youth with global skill requirements.\u201d Translation: India\u2019s workforce just got a serious upgrade.<\/span><\/p>\n

    Skill Labs: Hands-On Training Across India<\/b><\/h3>\n
    \n

    1,200 vocational labs inaugurated in <\/span>400 Navodaya Vidyalayas<\/b> and <\/span>200 Eklavya Model Schools<\/b> across 34 states and UTs. These labs cover <\/span>12 high-demand sectors<\/b>: IT, automotive, agriculture, electronics, logistics, tourism, and more.<\/span><\/p>\n<\/blockquote>\n

    Students from remote and tribal areas will now get practical exposure in their mother tongues, a subtle but powerful nod to accessibility. Vocational teachers are trained to deliver industry-relevant lessons, ensuring employability starts early.<\/span><\/p>\n

    Bihar: Youth-Centric Mega Transformation<\/b><\/h3>\n

    Bihar was treated like the poster child for youth empowerment. PM Modi inaugurated:<\/span><\/p>\n

      \n
    • Jan Nayak Karpoori Thakur Skill University<\/b> offers industry-oriented courses for globally competitive graduates.<\/span><\/li>\n
    • Bihar Student Credit Card Scheme<\/b>, interest-free loans up to Rs 4 lakh.<\/span><\/li>\n
    • Mukhyamantri Nishchay Svyam Sahayata Bhatta Yojana<\/b>, a monthly allowance of Rs 1,000 for five lakh graduates, plus free skill training.<\/span><\/li>\n
    • Bihar Yuva Ayog<\/b>, a statutory youth commission for ages 18\u201345.<\/span><\/li>\n<\/ul>\n

      \u201cThe youth of Bihar may not realise how badly the education system was destroyed 20\u201325 years ago,\u201d PM Modi reminded. Migration to Delhi, Mumbai, and Varanasi wasn\u2019t a choice; it was a necessity. Now? Bihar is reclaiming its talent home turf.<\/span><\/p>\n

      Education Gets a Modern Makeover<\/b><\/h3>\n

      PM Modi didn\u2019t just focus on ITIs. Higher education in Bihar is getting a facelift:<\/span><\/p>\n

        \n
      • The Bihta campus of <\/span>NIT Patna<\/b> opens with a 5G lab, ISRO Regional Academic Centre for Space, Innovation & Incubation Centre supporting nine start-ups.<\/span><\/li>\n
      • Foundations laid at <\/span>Patna University, Bhupendra Mandal University, Jai Prakash University, and Nalanda Open University<\/b> under PM-USHA.<\/span><\/li>\n
      • IIT Patna<\/b> expansion is in progress.<\/span><\/li>\n<\/ul>\n

        Financial strain? Reduced. Scholarships doubled from \u20b91,800 to \u20b93,600. Education loans are now interest-free.<\/span><\/p>\n

        Translation: youth get modern education, skill labs, financial freedom, and direct career paths. Not bad for a day\u2019s work.<\/span><\/p>\n

        \"PM-SETU<\/p>\n

        ITIs: From 10,000 to 15,000 in a Decade<\/b><\/h2>\n

        PM Modi\u2019s pride in ITIs is palpable. 2014: 10,000 ITIs. 2025: 15,000 ITIs. 170 trades. 1.5 crore youth trained. Skills in local languages. All integrated with industries for <\/span>future-ready talent<\/b>.<\/span><\/p>\n

        The PM-SETU scheme isn\u2019t just upgrading infrastructure, it\u2019s redesigning the <\/span>whole ITI ecosystem<\/b> for the 21st century. Think hubs, spokes, industry partnerships, and global standards. India\u2019s industrial education is finally stepping up to the big league.<\/span><\/p>\n

        Jobs, Jobs, Jobs<\/b><\/h3>\n
        \n

        Bihar alone: 50 lakh youth connected to employment in 20 years. Recent years? 10 lakh permanent government jobs. Teachers? 2.5 lakh recruited in two years.<\/span><\/p>\n<\/blockquote>\n

        The future target: <\/span>double the employment opportunities in five years<\/b>. PM Modi\u2019s message: Bihar youth can and should work locally. Why migrate when home-grown opportunities are skyrocketing?<\/span><\/p>\n

        GST Savings: A Bonus for Youth<\/b><\/h3>\n

        PM Modi threw in a small but symbolic victory: reduced GST on bikes and scooters. Cue Dhanteras planning for young Indians. A minor anecdote, sure, but it drives home a bigger point: <\/span>government is tuned into youth priorities<\/b>, both serious (skills, jobs) and lifestyle (vehicles).<\/span><\/p>\n

        From Fragile Five to Manufacturing Giant<\/b><\/h3>\n

        Before 2014, India was among the \u201cFragile Five\u201d economies. Today? India is <\/span>racing to the top three global economies<\/b>. Manufacturing, exports, jobs, mobile phones, electronics, automobiles, and defence. ITI-trained youth are benefiting. The Mudra scheme helped crores start businesses.<\/span><\/p>\n

        The <\/span>Pradhan Mantri Viksit Bharat Rozgar Yojana<\/b> (\u20b91 lakh crore) aims to employ 3.5 crore youth in the private sector. PM Modi\u2019s pitch: India\u2019s young workforce isn\u2019t just skilled, it\u2019s unleashed.<\/span><\/p>\n

        \n

        With a strong focus on skilling and innovation, our government is preparing the Yuva Shakti to lead the future. Speaking at the launch of youth-centric initiatives in Delhi. https:\/\/t.co\/kiAbStpTP4<\/a><\/p>\n

        \u2014 Narendra Modi (@narendramodi) October 4, 2025<\/a><\/p>\n<\/blockquote>\n