From mint · Gulam Jeelani · · 50s
PM-SETU gets ₹1,195 crore investment
Five ITI clusters to receive ₹1,195 crore from Tata Steel Foundation and partners under PM-SETU.
In brief
Five ITI clusters to receive ₹1,195 crore from Tata Steel Foundation and partners under PM-SETU. Five ITI clusters in Maharashtra, Odisha, and Jammu and Kashmir will get ₹1,195 crore from Tata Steel Foundation, BVG India, Belrise Industries, Eagle Infra India, and Inderdeep Infra India under PM-SETU. Originally…
PM-SETU scheme approval
The National Steering Committee approved five Strategic Investment Plans worth ₹1,194.92 crore for ITI clusters in Maharashtra, Odisha, and Jammu and Kashmir.
“The approvals given by the National Steering Committee are an important step in implementing PM-SETU. They will help strengthen ITIs, improve training and increase industry participation.”
Industry partners involved
Tata Steel Foundation, BVG India, Belrise Industries, Eagle Infra India, and Inderdeep Infra India will partner in upgrading the five ITI clusters.
Cumulative investment
The cumulative investment approved under PM-SETU till now is ₹3,687 crore.
Implementation focus
The projects will modernise infrastructure, introduce industry-aligned courses, strengthen trainer capacity, enhance industry engagement, and improve employability outcomes for youth.
The bottom line
Five ITI clusters in Maharashtra, Odisha, and Jammu and Kashmir will get ₹1,195 crore from Tata Steel Foundation, BVG India, Belrise Industries, Eagle Infra India, and Inderdeep Infra India under PM-SETU.
