Budge 2024 LIVE | Budget 2024 introduces a major initiative to skill 20 lakh youth over the next five years. A new centrally sponsored scheme will upgrade approximately 1,000 Industrial Training Institutes (ITIs) using a hub-and-spoke model. This upgrade aims to enhance the relevance of course content, aligning it with the demands of emerging sectors and industries. The program is designed to equip young professionals with industry-specific skills, fostering better job readiness and economic growth.