Categories: News

PM Modi unveils initiatives worth over ₹62,000 crore for youth; Bihar in focus


Prime Minister Narendra Modi speaks during the launch of youth-centric initiatives in New Delhi. Photo: X/@narendramodi

Prime Minister Narendra Modi on Saturday (October 4, 2025) unveiled various youth-focused initiatives worth more than ₹62,000 crore, with a special emphasis on poll-bound Bihar.

Mr. Modi launched PM-SETU (Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs), a centrally sponsored scheme with an investment of ₹60,000 crore.

It envisages the upgradation of 1,000 government ITIs in a hub-and-spoke model comprising 200 hub ITIs and 800 spoke ITIs.

“Collectively, PM-SETU will redefine India’s ITI ecosystem, making it government-owned but industry-managed, with global co-financing support from the World Bank and Asian Development Bank,” a PMO statement earlier said.

  

In the first phase of the scheme implementation, there will be a special focus on ITIs in Patna and Darbhanga in Bihar. A special emphasis of the programme will be on transformative projects in Bihar, reflecting the state’s rich legacy and youthful demographic, the statement said.

Mr. Modi launched Bihar’s revamped ‘Mukhyamantri Nishchay Svyam Sahayata Bhatta Yojana’, under which nearly five lakh graduates will receive a monthly allowance of ₹1,000 each for two years, along with free skill training.

He also launched the redesigned Bihar Student Credit Card Scheme, which will provide interest-free education loans of up to Rs 4 lakh, significantly easing the financial burden of higher education.

More than 3.92 lakh students have already availed loans worth more than ₹7,880 crore under the scheme.

Further strengthening youth empowerment in the State, Bihar Yuva Ayog, a statutory commission for people between the ages of 18 and 45, was formally inaugurated by Mr. Modi to “channelise and harness” the potential of the State’s young population, it said.

Bihar has been at the focus of several development and welfare initiatives of the NDA governments at the Centre and the State.

The Prime Minister also inaugurated the Jan Nayak Karpoori Thakur Skill University, which has been envisioned to impart industry-oriented courses and vocational education to create a globally competitive workforce.



Source link

admin

Recent Posts

The Hindu Morning Digest: November 29, 2025

Hong Kong high-rise fire toll rises to 128; over 200 still missing as inquiry beginsFirefighting,…

19 minutes ago

Uttarakhand paper-leak case: CBI arrests assistant professor

The CBI said the professor assisted the accused in solving part of the question paper…

20 minutes ago

The Super Mario Galaxy bundle for the Switch is 20 percent off today only

Nintendo launched its $69.99 Super Mario Galaxy double pack for the Switch (complete with a…

29 minutes ago

Parliamentary panel studying ONOE bill to seek extension | India News

NEW DELHI: The parliamentary committee scrutinising the constitutional amendment bill that proposes simultaneous Lok Sabha…

31 minutes ago

Access Denied

Access Denied You don't have permission to access "http://www.ndtv.com/india-news/india-us-sign-rs-7-995-crore-deal-for-navys-mh-60r-chopper-support-9719149" on this server. Reference #18.c7f5d217.1764378184.6546add4 https://errors.edgesuite.net/18.c7f5d217.1764378184.6546add4…

32 minutes ago

Junior Hockey World Cup 2025: India’s hunger pleases Sreejesh after 7-0 win vs Chile

India’s 7-0 win over Chile in its series opener at the FIH Men’s Hockey Junior…

39 minutes ago