The Minister of State (Independent Charge) for Skill Development and Entrepreneurship Shri Rajiv Pratap Rudy has said that the World Bank has funded the Vocational Training Improvement Project which envisages up-gradation of 400 Government ITIs across the Country. It also includes enhancement of knowledge and skills of ITI instructors, strengthening facilities in 14 central institutes, strengthening curriculum development, capacity building, reforms like constitution of Institute Management Committee (IMC) at ITI level with the chairmanship from the industry. Under the schemes, Rs. 1605 crore has been utilized till September, 2015 out of which 83% has been disbursed by the World Bank. 70,000 trainees approximately are trained annually under the scheme which was started from December, 2007 and has the closing date of September, 2016.
Studies have been taken by government through NSDC, a public private partnership (PPP) in order to understand the spread of skill gap and incremental human resource requirement across the sectors as National Skill Development Agency(NSDA) has not made any estimates of funds, the Minister said. As per the study, there would be an approximate incremental human resource requirement of 120.8 million. Considering the overlap in the human resource requirement across a number of sectors, the unique number for incremental demand would be 109.7 million by 2022, wherein the top 10 sectors would account for 80% of this requirement.
In a written reply in the Lok Sabha the Minister said, Prandhan Mantri Kaushal Vikas Yojana (PMKVY) has been launched by Ministry of Skill Development and Entrepreneurship in order to align the skill development initiatives with the incremental human resource requirement. The scheme has a target to cover 24 lakh persons under skill development training which would be done based on the National Skill Qualification Framework (NSQF) and industry led standards.