ITIs And Polytechnics In Assam To Be Upgraded To Centres Of Excellence
Tata Technologies has partnered with Assam government In order to upgrade polytechnics and Industrial Training Institutes (ITIs) in State into Centres of Excellence (CoEs). The Memorandum of Agreement (MoA) between them for the same was signed on May 11, 2022 with an aim to transform 34 state polytechnics and 43 ITIs into futuristic CoEs, entailing an investment of about INR 2,390 crore.
The MoA has been signed for the period of 10 years.
According to the statement, these COEs will act as technology and industrial hub for Micro, Small and Medium Enterprises (MSMEs) and support entrepreneurship.
The total proposed investment under this project would be approximately INR 2,390 crore.
“We've put a huge step towards enhancing employability of our youth and make them ready for Industry 4.0, i.e. fourth industrial revolution. An MoA signed by our Government with Tata Technologies Ltd for upgrading 34 Polytechnics & 43 ITIs into Centres of Excellence will go a long way in improving our human resources,” Assam Chief Minister Himanta Biswa Sarma said in a tweet.
The state government will provide space of 12,000 sq ft in each institute for setting up technology labs and workshops in which around 20,000 students can be upskilled every year for recruitment.
According to the government, the state will bear INR 366.06 cr in the total project cost.
The upgradation of these institutes will lead to better employment opportunities for the people. It will also transform the state into potential investment destination for industry players.
How Courses In ITIs Help Youth
Industrial Training Institutes (ITIs) are those training institutes that provide training in engineering and non-engineering technical fields and are constituted under the Ministry of Labour, Government of India.
These platforms impart technical knowledge to the students who have passed their high school and want to get technical knowledge instead of going for conventional higher studies.
After the completion of ITI course, the candidate has to undergo practical training in his trade in an industry for a year or two which is mandatory to appear for National Council of Vocational Training (NCVT) Certificate. This certificate is compulsory for applying for jobs in relevant categories in various reputed companies.
What Is Polytechnic?
The Polytechnic institutes focus on delivering technical education through diploma or vocational course. It helps students to start their career by getting a good job at a reputed company. Most of the institutes conduct polytechnic courses primarily in civil, mechanical, electrical.
Eligibility Criteria For Assam Polytechnic Entrance Exam
Candidates must qualify in the Polytechnic Admission Test for diploma courses.
The candidate must pass class 10 or its equivalent examination in a single sitting with Mathematics and Science.
A candidate must be physically and mentally fit. A candidate will have to produce a fitness certificate at the time of admission from a registered medical practitioner.
Candidates must be Indian citizens and permanent residents of Assam.
Unemployment Rate in Assam
According to data published by the Centre for Monitoring of Indian Economy (CMIE), the unemployment rate in the country rose to 7.83 per cent in April 2022.
The state of Assam saw the lowest unemployment rate which stood at 0.2 per cent.
Why Invest in Assam
According to Assam government website, Assam is the largest economy of the North East India and is rapidly making strides towards employment generation and inclusive growth by a balanced pattern of industrial investment.
It is the largest producer of tea in India. The state accounts for about 15 per cent of India’s crude oil output from the wells at Digboi, Duliajan, and Sivasagar.
The state is also a producer of natural gas accounting for about 50 per cent of India’s total onshore production.
Assam is the Gateway to the North Eastern States and so is well placed to serve the needs and markets of other states of the North East.
Its geographical location is advantageous for foreign trade with neighbouring countries like Bhutan, Bangladesh, Nepal, Myanmar, Thailand, China.
The state has access to large markets of mainland India, South & South East Asia, ASEAN, SAARC and including fastest developing economies in the world.
Proximity to SAARC countries of Bhutan, Nepal and Bangladesh gives foreign investors the advantage of International Trade.
Policies In Assam
The growing investment climate coupled with comprehensive central investment policy for NER (NEIIPP 2007) and liberalised Assam State Industrial policy 2008 provides attractive incentives and subsidies for attracting investment in the region.
It also provides special tax incentives for Export Oriented Units (EOUs) and potential for investment in key infrastructure areas.