CCEA sanctions funds for upgradation of it is

New Delhi, Oct 1 (ANI): The Cabinet Committee on Economic Affairs (CCEA) today sanctioned funds for completion of the process of upgradation of 100 Industrial Training Institutes (ITI) across the country.

The total cost of the scheme of upgradation of 100 ITIs into Centres of Excellence is Rs 160 crore with the Union Government bearing 75 per cent expenditure.

The proposal will enable completion of residual activities of the scheme by 2009-10. It aims at empowerment of ITIs, greater flexibility, better linkages with the world of work and conducting training programmes in the emerging areas.

The scheme was approved for implementation during March, 2005. However, actual implementation was started from the Financial Year 2005-06. The ITIs were identified in consultation with the State Governments.

The new multi-skilling courses for the sectors selected by States were developed in consultation with the stakeholders during 2005-06 and the first batch of ITIs started training programme from the academic session of August 2005.

Presently, all the ITIs are organizing training in the multiskilling courses in the identified sectors. An amount of Rs.103.68 crore has been released to the States.

Balance amount of Rs.16.32 crore is proposed to be released during the current financial Year 2009-10, which will complete the process of upgradation of 100 ITIs in different States. (ANI)