Prime Minister Narendra Modi will unveil various youth-focused initiatives worth more than Rs 62,000 crore on Saturday, his office said, billing the exercise as a landmark initiative for youth development which will give a decisive push to education, skilling and entrepreneurship.

The PMO said Modi will launch PM-SETU (Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs), a centrally sponsored scheme with an investment of Rs 60,000 crore.

The scheme envisages the upgradation of 1,000 government ITIs in a hub-and-spoke model comprising 200 hub ITIs and 800 spoke ITIs.

Each hub will be connected to four spokes on an average, creating clusters equipped with advanced infrastructure, modern trades, digital learning systems and incubation facilities.

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