Maharashtra Transforms ITIs into Skill Hubs with Rs 242 Cr PM-Setu Plan

• Maharashtra approves Rs 242 crore plan to upgrade Industrial Training Institutes (ITIs) into modern skill development hubs under the PM-Setu scheme.
• The initiative aims to improve employability, meet industry demand, and provide market-linked training, inspired by PM Narendra Modi's vision.
• In the first phase, ITIs in Nagpur, Chhatrapati Sambhaji Nagar, and Pune will be modernized using a "hub and spoke" model.
• The project is jointly funded by the Centre (50%), state government (33%), and industry partners (17%).
• Hub ITIs will introduce new courses and upgrade existing ones, focusing on service sector, multi-skill, and livelihood-based training to create job-ready youth.

Why It Matters: Maharashtra is investing Rs 242 crore to transform ITIs into advanced skill development hubs, boosting youth employability.