ITI In PPP Mode

[vc_row][vc_column][vc_column_text]UPGRADATION OF GOVERNMENT INDUSTRIAL TRAINING INSTITUTE (ITI) THROUGH PUBLIC PRIVATE PARTNERSHIP (PPP) MODE (INDUSTRY PARTNER HIFEED)
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BACKGROUND OF THE PROJECT[/vc_column_text][/vc_column_inner][vc_column_inner width=”1/2″][vc_column_text]ITI In PPP Mode[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_column_text]

India is a fast growing economy with a rising demand for skilled workforce which enhances the efficiency and flexibility of the labour market, reduces skills bottlenecks, and improves mobility and productivity. The Directorate General of Employment & Training (DGE&T), Government of India initiated Craftsman Training Scheme in 1950 by establishing 50 Industrial Training Institutes (ITIs) for imparting skills in various vocational trades to meet the manpower requirements for technology and industrial growth of the Country. The demand for skilled manpower has increased substantially due to rapid economic growth, changes in technology and work process, and globalization of economy. As on 01.01.2007 there were 1896 Government ITIs in the Country. Out of these 500 ITIs are being upgraded into “Centers of Excellence” under a scheme started from 2005-06. The Upgradation of the remaining 1396 Government it is started in 2007-08 through Public Private Partnership (PPP) mode.

OBJECTIVE OF THE PROJECT

The objective of the scheme is to improve the quality of vocational training and make it demand driven so as to ensure better employability of the graduates.

SALIENT FEATURES OF THE PROJECT

For the ITI to be taken up under the scheme, an Industry Partner (HIFEED) is associated to lead the process of upgradation. An Institute Management Committee (IMC), headed by the Industry Partner (HIFEED), is constituted and registered as a Society. A Memorandum of Agreement is signed among the Central Government, the State Government and the Industry Partner (HIFEED) defining the roles and responsibilities of all the parties. An interest free loan up to Rs. 2.5 crores is given by the Central Government directly to the IMC on the basis of Institute Development Plan (IDP) prepared by it. For the repayment of loan, there is a moratorium of ten years from the year in which the loan is released to the IMC. After the moratorium, the loan is payable by the IMC in equal annual instalments over a period of twenty years.

Under this scheme the IMC has been given financial and academic autonomy to manage the affairs of the ITI. The IMC is allowed to determine up to 20% of the admission in the ITI. The Industry Partner (HIFEED) may provide financial assistance as well as machinery and equipment to the ITI. It shall arrange to provide training to instructors and on the job training to trainees.

 BRIEF ABOUT THE INSTITUTE (GITI)

S.N. Particulars Details
1. Name & Address of ITI GITI, Baurari, New Tehri, District- Tehri Garhwal, Uttarakhand
Phone No. (01376) 232352
E-mail Iti.baurari.ppp@gmail.com
Year of Establishment 1950
2. Industry Partner Himalayan Institute For Environment, Ecology & Development (HIFEED)
Address HIFEED Campus, Ranichauri- 249199,

District- Tehri Garhwal, Uttarakhand

Phone No. (01376) 252141, 252149
E-Mail hifeeduttaranchal@gmail.com
Website www.hifeed.org
3. IMC Chairman Dr. Kamal Bahuguna
Designation Executive Director, HIFEED
Address HIFEED, Street No. 4, Shastri Nagar, Haridwar Road, Dehradun- 248001, Uttarakhand
Phone No. (0135) 2666865
Mobile No. 9412984030
E-Mail drkamalbahuguna@gmail.com
S.N. Particulars Details
4 Infrastructure Available
Land Area (sq. m). 1322.19  sq .m
Constructed Area (sq. m.) 1038.00  sq .m
5. Existing Trades
Intake Capacity/Present Strength               –
6. Intake Target after Implementation of PPP Scheme
Upgradation of Existing Trades               –
Opening of New Trades 2 (1. COPA    2. Basic Cosmetology)
7. Financial Information
1.    Interest Free Loan Received 2,50,00,000.00
2.    Seed Money 50,00,000.00
3.    Interest Earned 1,25,22,481.21
4.    Revenue Generated 24,697.00
5.    Total (1 + 3 + 4) 3,75,47,178.21
6.    Fund for Upgradation (5 – 2) 3,25,47,178.21

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