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The Hindu

Top News / The Hindu

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PM-SETU bets 6,000 cr on ITI skilling. Will it deliver jobs?

According to a 2023 NITI Aayog report, the government incurs an annual public expenditure of around 10,000 crore to operate the ecosystem of around 3,500 government ITIs, in addition to 2,200 crore spent under the Skill Strengthening for Industrial Value Enhancement (STRIVE) scheme, which ended in 2024. It says that despite this substantial investment, placement outcomes remain extremely poor: only 405 candidates were placed out of 4,14,247 trained, translating to a placement rate of just 0.09 per cent.

6 Feb 2026 1:29 pm