For ITI Sangod (Kota) to be taken up under the Scheme ”UPGRADATION OF 1396 GOVERNMENT ITIs THROUGH PUBLIC PRIVATE PARTNERSHIP”, an Industry partner Chambal Fertilisers and Chemicals Limited, Gadepan, Kota (Rajasthan) is associated to lead the process of Upgradation. An Institute Management Committee (IMC), headed by the Industry Partner, is constituted and registered as a society. A memorandum of Agrement is signed among the Central Government, the state Government the state government and the Industry Partner defining the roles and responsibilities of all the parties. 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. 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 the manage the affairs of the ITI. The IMC is allowed to determine upto 20% of the admission in the ITI. The Industry Partner may provide financial assistance as well as machinery and equipments to the ITI. It shall arrange to provide training to instructors and on the job training to trainees. State Governments remain the owner of the ITIs and continue to regulate admissions.
Composition of Institute Management Committee (IMC) of Industrial Training Institute, Sangod (Kota)