In order to augment the global competitiveness of key sectors of Indian economy, the Union Cabinet has given its approval for setting up of Indian Institute of Skills (IISs) at different locations across the country in Public Private Partnership (PPP) modes. The PPP modes will be explored for promotion of IIS at select locations based on demand and available infrastructure.
The IISs will provide high quality skill training, applied research education and a direct and meaningful connection with industry. With this move, the country’s aspiring youth will get opportunity to have an access to highly skilled training. The initiative will also enhance the scope of accountability through its linkage with industry and global competitiveness across sectors.
Besides, by leveraging advantages of private sector enterprise and public capital in terms of Government land, it would create new institutes of expertise, knowledge and competitiveness.