PM-SETU Steering Committee Approves ₹735.70 Crore Plans

Key facts

• The National Steering Committee under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) has approved Strategic Investment Plans worth ₹735.70 crore for three ITI clusters in Rajasthan, Uttar Pradesh and Telangana.
• With the new approvals, PM-SETU's total sanctioned investment stands at ₹2,171 crore across nine ITI clusters.
• The approvals aim to accelerate the transformation of government ITIs through an industry-led approach, with investments in infrastructure, new courses and training programmes aligned with evolving industry requirements, as stated by the Ministry of Skill Development and Entrepreneurship (MSDE).
• The 5th National Steering Committee meeting, chaired by MSDE Secretary Debashree Mukherjee, approved ₹241 crore for the Bhiwadi ITI cluster in Rajasthan, ₹254.30 crore for the Medchal cluster in Telangana and ₹240.40 crore for the Meerut cluster in Uttar Pradesh.
• In Rajasthan, H.G. Infra Engineering's plan covers five ITIs, with Government ITI Bhiwadi as the main institute.
• In Telangana, ZEN Technologies' plan covers five ITIs, with Government ITI Medchal as the main institute.
• The Telangana plan was earlier deferred for clarifications on operational and financial aspects.
• In Uttar Pradesh, the National Skill Development Corporation's plan covers five ITIs under the Meerut cluster, with Government ITI, Saket, Meerut as the main institute.
• The approved plans provide for infrastructure modernisation, upgrading existing trades, introducing new long-term and short-term courses and strengthening operational capabilities.
• A Shareholders' Agreement was signed among H.G. Infra Engineering, the Rajasthan government and MSDE for the Bhiwadi cluster.
• Rajasthan has become the first state to execute a Shareholders' Agreement under PM-SETU, marking the formal commencement of implementation activities for the cluster.
• The PM-SETU cluster-based model is intended to strengthen ITIs' capacity to provide skills aligned with emerging technologies, changing industry requirements and evolving employment opportunities.