NEW DELHI: 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.

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