Rs 60,000 crore ITI Upgradation Scheme
The Cabinet approved the National Scheme for Upgradation of ITIs and five National Centres of Excellence for Skilling, with a total outlay of Rs 60,000 crore over five years.
All 5 Govt Initiatives updates published in February 2026, grouped into 5 subtopics. Each one carries the exam-relevant facts and its GK Bytes; open an update for the complete note with static GK.
The Cabinet approved the National Scheme for Upgradation of ITIs and five National Centres of Excellence for Skilling, with a total outlay of Rs 60,000 crore over five years.
The Cabinet approved a Small Hydro Power (SHP) development scheme for FY 2026-27 to FY 2030-31 to promote clean, decentralised hydropower generation.
The Cabinet approved the Urban Challenge Fund to provide central assistance to urban local bodies for transit planning, urban mobility, climate resilience and water/sanitation infrastructure.
The Union Cabinet approved Startup India Fund of Funds 2.0 with a corpus of Rs 10,000 crore to mobilise venture capital for early-growth-stage startups, including beyond major metros.
A five-year Biopharma SHAKTI scheme with an outlay of Rs 10,000 crore was announced to make India a global biopharma and biologics manufacturing hub.