What New Initiatives Did PM Modi Launch Worth Rs 62,000 Crore for Youth?

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What New Initiatives Did PM Modi Launch Worth Rs 62,000 Crore for Youth?

Synopsis

Prime Minister Narendra Modi has launched a groundbreaking initiative worth Rs 62,000 crore aimed at transforming education and skill development in Bihar. This effort is not just about numbers; it’s about ensuring the youth are equipped for the future. Discover how these initiatives could reshape Bihar's educational landscape and boost employment opportunities.

Key Takeaways

  • PM Setu Scheme: Aims to connect ITIs with the industry.
  • 1,200 skill labs: To be opened in Navodaya Vidyalayas and Eklavya Model Schools.
  • New Skill University: Established in Bihar, named after Karpoori Thakur.
  • Job creation: Over 50 lakh jobs provided in the last two decades.
  • Economic measures: GST cuts on bikes and scooters announced.

PatNew Delhi, Oct 4 (NationPress) On Saturday, Prime Minister Narendra Modi announced a comprehensive range of education and skill development initiatives totaling over Rs 62,000 crore, with significant emphasis on Bihar, just ahead of the upcoming Assembly elections.

During the Skill Convocation Ceremony in New Delhi, PM Modi stated that these initiatives aim to empower India's youth and enhance Bihar's educational framework.

Two significant programs were introduced—the Rs 60,000 crore PM Setu Scheme, designed to connect ITIs directly with industry, and the launch of 1,200 skill labs in Navodaya Vidyalayas and Eklavya Model Schools.

Furthermore, he presented appointment letters to thousands of youths and announced the creation of a new Skill University in Bihar, named after Bharat Ratna Karpoori Thakur.

“Karpoori Thakur dedicated his life to uplifting the weaker sections of society. The Skill University in his name will further that mission,” PM Modi remarked, warning against “those who attempt to take over his legacy.”

The Prime Minister also underscored Bihar’s swift educational transformation under the NDA, pointing to the growth of IIT Patna, NIT Patna, Patna University, Bhupendra Mandal University, Jaiprakash University (Chhapra), and Nalanda Open University.

He noted that scholarships under the CM Boys and Girls Scheme have been doubled, and loans under the student credit card scheme are now interest-free.

Taking a jab at the RJD, PM Modi stated: “Reviving a tree whose roots were eaten by worms is a remarkable feat. RJD’s misrule left Bihar in ruins, but under Nitish Kumar’s leadership, the NDA has revitalized the state.”

Emphasizing the NDA’s record on employment, PM Modi mentioned that over 50 lakh youths have secured jobs in Bihar over the past two decades, with 10 lakh permanent positions in recent years, including 2.5 lakh teachers in the last two years. Nitish Kumar has set a goal to double job creation in the next five years.

The Prime Minister also connected the announcements to economic relief, highlighting the recent GST reductions on bikes and scooters, which he claimed had made Bihar’s youth “particularly happy ahead of Dhanteras.”

“India was once labeled among the ‘Fragile Five,’ but today it ranks among the world’s top three economies. When Bihar's youth rise, the strength of the nation also grows,” PM Modi stated.

On this occasion, Bihar Chief Minister Nitish Kumar, Union Minister Rajiv Ranjan alias Lalan Singh, Bihar’s Deputy Chief Ministers Samrat Choudhary and Vijay Kumar Sinha, JDU working president Sanjay Jha, additional public representatives, and countless students from Industrial Training Institutes (ITIs) across the country and educators participated in the event virtually.

Point of View

It's essential to note that the initiatives unveiled by PM Modi reflect a strategic focus on empowering the youth, especially in Bihar, a state with a significant role in India's growth narrative. The commitment to education and skill development is commendable, but the impact will depend on effective implementation and sustained political will. The NDA’s focus on job creation is critical, especially in the context of upcoming elections, and it remains to be seen how these announcements will translate into tangible benefits for the youth.
NationPress
04/10/2025

Frequently Asked Questions

What is the PM Setu Scheme?
The PM Setu Scheme is a major initiative worth Rs 60,000 crore aimed at directly linking Industrial Training Institutes (ITIs) with the industry, enhancing skill development and employment opportunities for youth.
How many skill labs are being established?
A total of 1,200 skill labs are being inaugurated across Navodaya Vidyalayas and Eklavya Model Schools as part of the new initiatives.
What is the significance of the new Skill University in Bihar?
The new Skill University, named after Bharat Ratna Karpoori Thakur, aims to uplift the weaker sections of society by providing quality education and skill training.
How many jobs have been created in Bihar under the NDA?
Over 50 lakh jobs have been created in Bihar in the past two decades, with 10 lakh permanent jobs in recent years, including 2.5 lakh teachers.
What economic benefits were mentioned by PM Modi?
PM Modi highlighted recent GST cuts on bikes and scooters as an economic relief measure that has positively impacted the youth of Bihar.
Nation Press