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Government Schemes 9 September 2026 · Event date: 8 September 2026
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PM-SETU Strengthens Industry-Led ITI Transformation; 5th National Steering Committee Approves SIPs Worth ₹735.70 Crore

PM-SETU Strengthens Industry-Led ITI Transformation; 5th National Steering Committee Approves SIPs Worth ₹735.70 Crore
Official visual from the source release · Source: Press Information Bureau

The 5th National Steering Committee of PM-SETU approved Strategic Investment Plans worth ₹735.70 crore for ITI clusters in Rajasthan, Uttar Pradesh, and Telangana. Chaired by MSDE Secretary Smt Debashree Mukherjee, these approvals bring the total sanctioned investment under the scheme to ₹2,171 crore across 9 ITI clusters. Additionally, a Shareholders' Agreement was signed for the Bhiwadi ITI cluster, making Rajasthan the first state to execute an SHA under PM-SETU.

Why It Matters

This press release is relevant for competitive exam candidates studying government schemes, skill development initiatives, and recent economic investments in educational infrastructure under ministries like MSDE.

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In Simple Words

The National Steering Committee for the PM-SETU scheme held its 5th meeting under the Ministry of Skill Development and Entrepreneurship. It approved investment plans worth ₹735.70 crore to modernize ITI clusters in Rajasthan, Uttar Pradesh, and Telangana.

These plans involve industry partners to upgrade infrastructure, add new courses, and align training with modern industry needs. This brings total PM-SETU investments to ₹2,171 crore across 9 clusters, with Rajasthan becoming the first state to sign a Shareholders' Agreement for the Bhiwadi cluster.

Key Points

  • 5th National Steering Committee of PM-SETU held under Smt Debashree Mukherjee, Secretary, MSDE.
  • Approved Strategic Investment Plans (SIPs) worth ₹735.70 crore for ITI clusters in Rajasthan, Uttar Pradesh, and Telangana.
  • Total sanctioned investment under PM-SETU reached ₹2,171 crore across 9 ITI clusters.
  • Rajasthan approved SIP of ₹241.00 crore for Bhiwadi ITI cluster via M/s H.G. Infra Engineering Limited.
  • Telangana approved SIP of ₹254.30 crore for Medchal ITI cluster via M/s ZEN Technologies Limited.
  • Uttar Pradesh approved SIP of ₹240.40 crore for Meerut ITI cluster via National Skill Development Corporation (NSDC).
  • Rajasthan became the first state to execute a Shareholders' Agreement (SHA) under PM-SETU for the Bhiwadi ITI Cluster.
  • PM-SETU transforms Government ITIs through an industry-led Hub-and-Spoke cluster model.

Exam Angle

Scheme
PM-SETU (Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs)
Ministry
Ministry of Skill Development and Entrepreneurship (MSDE)
Total investment approved in 5th NSC
₹735.70 crore
First state to execute Shareholders' Agreement under PM-SETU
Rajasthan

A. ₹2,171 crore across 9 ITI clusters

Source: Press Information Bureau

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