Setting up of Indian Institute of Skills
3
locations Kanpur,
Mumbai and Ahmedabad focused!
Ministry
of Skill Development and Entrepreneurship has approved the proposal to set up
Indian Institute of Skills (IISs) in 3 locations viz. Kanpur, Mumbai and
Ahmedabad in the country.
The
basic functional design and orientation of existing skill training
institutions, which were established during 1960s, have remained substantively
the same and, in particular, lack modern training infrastructure and
methodology to impart skill training in collaboration with industry leaders.
For
this reason and to promote further growth of the Indian Skills sector overall,
new measures have been initiated by the Government of India to establish state
of the art training institutions called Indian Institutes of Skill (IISs) in
Mumbai, Ahmedabad and Kanpur on Not-for-profit Public Private Partnership
(N-PPP) basis.
The
IISs are conceptualized with an objective to provide advanced skills in highly
specialized areas – for example defence, aerospace, oil & gas and other
emerging business domains to name a few – to develop highly skilled technical
manpower to meet the demands of organizations that are currently operating and
are likely to set up their production/manufacturing & business facilities
in India.
They
are expected to emerge as premier training institutions in the country and make
vocational training aspirational for the youth.
Government
will provide access to its land to the private partners through a licence. The
licence would stipulate, inter alia, the expectations from the private partner
in terms of performance outcomes such as a minimum of 5000 students passing out
every year five years after commencement of operations, with campus placement
of at least 70% of the trainees on a monthly median salary/income level based
on the current levels of wages for comparative positions and a skill wage
premium befitting a high-quality aspirational skill institution.
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