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Home » IANS » Big jump in ITIs pact with companies in last 6 months

Big jump in ITIs pact with companies in last 6 months

By IANS
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New Delhi, Oct 25 (IANS) In the six months since a revamp by the Ministry of Skill Development and Entrepreneurship (MSDE), industrial training institutes (ITIs) have signed partnerships with 719 private companies.

This is a huge jump from the 136 memoranda of understanding (MoUs) that were signed in the three years prior to the revamp.

The ministry restructured the Dual System of Training (DST) in these technical institutes which has had a significant impact on the skilling ecosystem by partnering with 719 corporates and private partners for training programmes, an official statement said.

The DST combines theoretical training from ITIs and practical training from industry partners thereby strengthening industry linkages and providing hands on experience to students on the latest technologies and techniques.

The revised scheme guidelines were issued in January this year and are much more relaxed with greater adaptability towards industry requirements and with wider coverage of ITIs.

Mahendra Nath Pandey, Minister of Skill Development and Entrepreneurship (MSDE), said, “The dual system allows cooperative learning and production that allows for greater innovation and targeted training. Candidates getting dual training fast become specialists, increasing demand for their services. We have been actively encouraging ITIs to participate in the DST program so that new ITI trainees are industry-ready”.

Among the changes in the revamped scheme, ITI principals can now directly sign MoUs with industry without any interference.

The eligibility criteria for industry participation has been eased where now an engineering trade industry can have a minimum of 40 employees instead of the earlier 200, while the minimum turnover requirement has been brought down to Rs 1 crore per year for the past three years, against the earlier Rs 10 crore.

The duration of the practical training portion of the course has also been made flexible and adaptive to the industry schedule.

–IANS

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(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
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