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UPGRADATION OF 1396 ITIs THROUGH PPP MODE
- BACKGROUND
- The objective of the Scheme is to improve the quality of vocational training in the country and make it demand driven so as to ensure better employability of the graduates.
- An interest free loan upto Rs. 2.5 cr. is given by the Central Government directly to the IMC on the basis of Institute Development Plan (IDP) prepared by it.
- INSTITUTE MANAGEMENT COMMITTEE (IMC)
- The loan is repayable by the IMC in 30 years, with a moratorium of 10 years and thereafter in equal annual instalments over a period of 20 years.
- Under this scheme the IMC has been given financial and academic autonomy to manage the affairs of the ITI.
- An Institute Management Committee (IMC) will be constituted / reconstituted for each selected ITI. The IMC will be converted by the State Government into a Society under relevant Societies Registration Act.
- The IMC registered as a society will be entrusted with the responsibility of managing the affairs of the ITI under the Scheme.
- The IMC will be led by the Industry Partner. In the IMC, the members will be as follows: o Industry Partner or its representative as Chairperson
- ROLE OF INDUSTRY PARTNER
- Though financial contribution by the Industry Partner will not be a pre-condition to participate in the Scheme, however it will be desirable if Industry Partner contributes financially in the upgradation of the ITI.
- The Industry Partner may contribute machinery and equipment which may be instrumental in furthering the objectives of this Scheme.
- It will arrange to provide training to the faculty members and on the job training to the students of the ITI.
- ROLE OF STATE GOVERNMENT
- The administrative control of the staff of the ITI will remain with the State/UT Government and it shall continue to pay their salaries and other emoluments.
- The State Government/UT will be required to ensure that the sanctioned strength of the instructors in the ITI is always filled up and in no case the vacancies shall exceed 10% of the sanctioned strength at any point of time.
- They will be required to ensure that all additional positions required by the ITI are sanctioned and filled up on priority. It has to ensure provision of funds to meet office, administrative and other running expenses of the ITI.
- The State/UT Government, as the owner of the ITI, will continue to regulate admissions and fees except upto 20% of the admissions which will be determined by the IMC.
- ITIs UNDER THIS PROJECT
- In UT of Puducherry the following 4 Government ITIs are covered under this scheme. (i) Government ITI Women, Pondicherry,
- REPAYMENT OF LOAN AND BOOKS OF ACCOUNTS
- For the repayment of loan, there will be a moratorium of ten years from the year in which the loan is released to the IMC.
- After the moratorium, the loan will be payable by the IMC in equal annual instalments over a period of twenty years, the first instalment repayable from the 11th anniversary of the day of drawl.
- In case of default in payment of instalment of the loan the NSC may impose penalty on such overdue payments or take any other action deemed fit.
- The IMC will maintain regular books of accounts, get them audited and prepare annual reports and statements of accounts as required under the relevant Societies Registration Act.
- The Central Government may call for its books of accounts, vouchers, documents, etc. relating to any accounting year and also authorise an officer for their inspection.
- Repayment of interest free loan to the DGT, New Delhi is being paid as EMI at the rate of 12.5 Lakhs per month from March 2021 by the project ITIs.
o Four members from local Industry to be nominated by the Industry Partner in such a way that the IMC is broad based.
o Five members nominated by the State Govt. [i) District Employment Officer, ii) One representative of the State Directorate dealing with ITIs, iii) One expert from local academic circles, iv) One senior faculty member, v) One representative of the students].
o Principal of the ITI, as ex -officio member secretary of the IMC Society.
(ii) Government ITI, Nettapakkam, Puducherry,
(iii) Government ITI for Women, Karaikal and
(iv) N.S.C.Bose Government ITI, Yanam
Page last updated date : 07-May-2024 1:01 pm
