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PM Modi launches ₹62,000-crore youth development push; focus on skills, education, and entrepreneurship

By | Jobs | 04-Oct-2025 14:19:56


News Story

Prime Minister Narendra Modi on October 3 unveiled a sweeping package of youth-focused initiatives worth over ₹62,000 crore at Vigyan Bhawan, aiming to revolutionize education, skill development, and entrepreneurship across India.

The landmark programs include the launch of PM-SETU (Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs), a ₹60,000-crore scheme to modernize 1,000 government Industrial Training Institutes (ITIs) nationwide.

Under a hub-and-spoke model, 200 “hub” ITIs will be linked to 800 “spoke” institutes, creating clusters equipped with cutting-edge infrastructure, modern trades, digital learning platforms, and incubation facilities.

In a major boost to hands-on vocational training, the Prime Minister inaugurated 1,200 Vocational Skill Labs across 400 Navodaya Vidyalayas and 200 Eklavya Model Residential Schools in 34 states and union territories.

These labs will offer students—including those from remote and tribal regions—practical training in 12 high-demand sectors, including IT, automotive, agriculture, electronics, logistics, and tourism.

Highlighting Bihar’s youth-centric programs, PM Modi launched the revamped Mukhyamantri Nishchay Svyam Sahayata Bhatta Yojana, under which nearly five lakh graduates annually will receive a monthly stipend of ₹1,000 for two years, coupled with free skill training.

The redesigned Bihar Student Credit Card Scheme was also unveiled, offering interest-free education loans of up to ₹4 lakh to ease financial barriers for higher education aspirants.

As part of the day’s events, the Prime Minister distributed appointment letters to over 4,000 newly recruited government employees in Bihar and released ₹450 crore in scholarships through direct benefit transfer to 25 lakh Class 9 and 10 students under the Mukhyamantri Balak/Balika Scholarship Scheme.

Furthering the push for industry-aligned education, PM Modi inaugurated the Jan Nayak Karpoori Thakur Skill University in Bihar, designed to equip students with globally competitive vocational and technical skills.

Honouring excellence in skill development, the Prime Minister also recognised 46 top achievers from ITIs across the country, reinforcing the government’s commitment to empowering India’s youth and building a skilled workforce for the future.