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India Unveils Key Initiatives in Skilling, Manufacturing, and Infrastructure Development

October 09, 2025

The Indian government has launched several significant schemes and policies over the past 24-48 hours, focusing on youth skilling, boosting domestic manufacturing, developing infrastructure, and supporting small businesses. Key announcements include the launch of the ₹60,000 crore PM-SETU scheme for ITI upgradation, approval of a ₹7,300 crore scheme for rare earth magnet production, and the inauguration of major infrastructure projects in Mumbai. Additionally, the Delhi government has introduced collateral-free loans for small entrepreneurs, and the deadline for the Unified Pension Scheme choice has been extended.

Question 1 of 15

1. What is the full form of the PM-SETU scheme, recently launched by Prime Minister Narendra Modi?

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