Centre of Excellence Scheme
Definition
“Centre of Excellence is special Institute for
Vocational Training characterized by close links between Institutes, other
training providers, other employment interests and communities”
Introduction
Union Finance Minister in his Budget Speech 2004-05 had announced measures for upgradation of 500 ITIs in the country. Subsequently, as per the advice of M/o Finance, action has been initiated for upgradation of 100 ITIs from domestic resources and 400 ITIs through World Bank assistance.
Said 100 ITIs to be funded from domestic resources have been distributed in 26 States/UTs (other than J&K, Sikkim and NE States) in proportion to the number of Government ITIs in these States.
The total cost of the scheme is Rs. 160 crores, Central share being Rs. 120 crores, in view of ratio of 75:25 as advised by M/o Finance.
It aims to produce appropriately qualified and skilled workers with excellent employment and career prospectus which meet the needs of the economy.
Modernization & Upgradation of ITIs into Centres of Excellence.
This scheme has been launched to bridge the gap of skill requirement of Industry & Service Sector and that is presently being provided in the ITI's.
The Power Point Presentation about Scheme can be downloaded here