OBJECTIVES OF PM-SETU SCHEME
- PM-SETU = Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs — a Centrally Sponsored Scheme under the Ministry of Skill Development & Entrepreneurship (MSDE) to modernise India's vocational training ecosystem.
- Aims at upgrading 1,000 Government ITIs (200 Hubs + 800 Spokes) and 5 NSTIs, with industry co-investment and multilateral co-financing (ADB + World Bank).
- High-yield for UPSC: combines GS-II (Government schemes, education) and GS-III (skill development, employment, growth) dimensions; demographic dividend angle.