Monitor this situation.

Unsubscribe anytime.

[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 6 sources · 4 days · First seen 15 days ago · Last updated 11 days ago

India ITI modernization via PM-SETU scheme

Overview

Under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme, the Indian government and private industry partners are investing in the modernization of Industrial Training Institutes (ITIs) across various regions.

Initial developments included a ₹240 crore partnership between AM/NS India, the central government, and the Gujarat government to modernize five ITIs in the Surat cluster. This project involves the formation of a Special Purpose Vehicle (SPV) to enhance student employability through updated curricula and advanced facilities.

Subsequent approvals expanded the scope of the PM-SETU scheme, with an additional ₹1,194.92 crore allocated to upgrade 25 ITIs in Maharashtra, Odisha, and Jammu & Kashmir. In Odisha, the Kataka ITI cluster will receive ₹240.50 crore to modernize its facilities using a hub-and-spoke model, with Government ITI Kataka serving as the central hub for four other institutes: Government ITI Madhusudan, Choudwar, Paradeep, Jajpur, and Dhenkanal. This initiative focuses on upgrading infrastructure, introducing industry-aligned training, and enhancing trainer capabilities.

The broader project involves partnerships with entities such as Tata Steel Foundation and Belrise Industries. Total cumulative investment cleared under the scheme has reached ₹3,687 crore.

Entities

AM/NS India · Belrise Industries · Tata Steel Foundation · Odisha · Ministry of Skill Development and Entrepreneurship

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] The Ministry of Skill Development and Entrepreneurship approved investment plans to upgrade Industrial Training Institutes (ITIs).
[● 3 SOURCES] The Kataka ITI cluster in Odisha will receive an investment of Rs 240.50 crore.
[● 2 SOURCES] The Kataka cluster will use a hub-and-spoke model with Government ITI Kataka serving as the hub.
[● 2 SOURCES] The Kataka cluster will use a hub-and-spoke model with Government ITI Kataka as the hub.
[● 2 SOURCES] The PM-SETU programme aims to introduce courses aligned with emerging technologies.
[○ 1 SOURCE] The government approved investment plans worth Rs 1,194.92 crore to upgrade 25 ITIs across Maharashtra, Odisha, and Jammu & Kashmir.
[○ 1 SOURCE] Cumulative investment cleared under the PM-SETU scheme has reached Rs 3,687 crore.
[○ 1 SOURCE] The upgrades involve partnerships with five industry players, including Tata Steel Foundation and Belrise Industries.
[○ 1 SOURCE] The Ministry of Skill Development and Entrepreneurship approved investment plans to upgrade ITIs.
[○ 1 SOURCE] The National Steering Committee approved investment plans worth Rs 1,194.92 crore to upgrade 25 Industrial Training Institutes (ITIs).
[○ 1 SOURCE] The approved upgrades cover ITIs in Maharashtra, Odisha, and Jammu & Kashmir.
[○ 1 SOURCE] The upgrades involve partnerships with industry players including Tata Steel Foundation and Belrise Industries.

Timeline

11 days ago

[BUSINESS] 4 sources
India approves Rs 1,195 crore to upgrade 25 ITIs across three states
The Indian government approved Rs 1,194.92 crore to upgrade 25 ITIs in Maharashtra, Odisha, and Jammu & Kashmir under the PM-SETU scheme to enhance vocational training and employability.
15 days ago

[BUSINESS] 2 sources
AM/NS India signs agreement to modernize five ITIs in Surat
AM/NS India has partnered with the Indian and Gujarat governments to modernize five government ITIs in Surat via a ₹240 crore investment under the PM-SETHU scheme.

Sources

bizrapidx.com · khabarchhe.com · latestly.com · odishabytes.com · onlinemediacafe.com · tv9gujarati.com

This summary has been updated 1 time: see revision history