[ad_1]
The State authorities on Friday entered into an settlement with Tata Technologies Ltd., Pune, to upgrade 150 authorities Industrial Training Institutes (ITIs) at a price of ₹4,636.5 crore.
The upgrade of the ITIs at Peenya, Hosur Road (Bengaluru), Ballari, Mysuru, Dastikoppa (Belagavi), and Shikaripur (Shivamogga) might be taken up in the primary section.
Anand Bhade, president, Tata Technologies Ltd., and S. Selvakumar, secretary, Department of Skill Development, Entrepreneurship and Livelihood, signed the pact in the presence of Chief Minister B.S. Yediyurappa and Warren Harris, Managing Director and CEO of Tata Technologies.
Mr. Yediyurappa appreciated the brand new initiative of the government-industry partnership and mentioned this may allow youth to receive talent coaching primarily based on {industry} demand and the {industry} would get a talented workforce.
Private firms are offering over ₹4,000 crore underneath CSR actions for this initiative, the Chief Minister mentioned.
Deputy Chief Minister C.N. Ashwath Narayan mentioned that via the programme 1 lakh youths will get higher employment alternatives yearly.
Ten new programs are being initiated primarily based on the calls for of the industries.
Along with Tata Technologies Ltd., about 20 firms have determined to contribute ₹4,080 crore. The remaining ₹657 crore can be offered by the State. Each ITIs can be upgraded at a price of ₹30 crore.
There are a complete of 1,713 ITIs in the State, out of which 270 are authorities, 196 aided, and 1,247 non-public, with a complete of about 1.eight lakh college students.
[ad_2]
Source