In a bid to take skill training and entrepreneurship development to the next level, the Union Government intends to set up the Indian Institute of Skills (IIS) in Mumbai.
Talking to media persons after Chief Minister Devendra Fadnavis for a discussion on the proposed initiative, Minister for Skill Development and Entrepreneurship (MSDE) Dr Mahendra Nath Pandey said that the Government was working towards fulfilling Prime Minister Narendra Modi’s vision of setting up world-class Skill Training Institutes in India and enabling the young generation to acquire skills at par with global standards. He said the first step was being taken in the form of Indian Institute of Skills (IIS).
“The idea was conceived by our Prime Minister during his visit to Singapore’s Institute of Technical Education. We will lay the foundation stone for IIS soon,” the Minister said.
Earlier in the day, Pandey visited the National Skill Training Institute (NSTI), Mumbai, where he reviewed the IIS project and discussed its progress at length. The Minister said the project would be executed in PPP mode wherein construction would be done by TEDT.
“The Govt has provided 4.5 acres of land for the project and the Tata Group will invest around Rs 300 crore. Work on the project is expected to start by September. On completion, IIS will have a capacity of training 10,000 trainees. Besides traditional areas, the institute will provide skilling in various areas including security, aerospace, iron and natural gas,” Pandey said.