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World Bank Loan for PM-SETU

📅 Published 04 Feb 2026 · February 2026

World Bank Loan for PM-SETU

Loan Amount

USD 830 million

Programme

Pradhan Mantri – Skilling and Employability Transformation Through Upgraded ITIs (PM-SETU)

Objectives

  • Upgrade ITIs and NSTIs
  • Improve employability
  • Bridge industry skill gaps

Features

  • 200 Hub ITIs
  • 800 Spoke ITIs
  • Target:
    • 1 million skilled workers annually
    • 25% female participation

Priority Sectors

  • AI
  • Electric Vehicles
  • Manufacturing
  • Green Energy
  • Construction
  • Textiles

GS-III

Skill Development

📝 Relevant Exams: UPSC
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