Government of India has selected Government ITI, Coimbatore under the Centrally Sponsored Scheme for Upgradation of Existing ITI as Model ITI which will be evolved as an institution showcasing best practices, efficient and high quality training delivery. The total project cost of 1000 Lakhs is shared between Central and State in the ratio of 70:30.
Government of India released the Central share amount of Rs.350 Lakhs and State share amount of Rs. 150 Lakhs towards first instalment to IMC Society of Govt ITI, Coimbatore vide G.O.(Ms.).No.18, Labour and Employment (S1) Department, Dated: 13.02.2019 , G.O.(Ms).No.115, Labour and Employment(S1) Department, Dated: 11.07.2019 and G.O.(Ms.)No. 04, Labour and Employment (S1) Department, Dated: 08.01.2021.
The funds are being utilized by the Institute Management Committee (IMC) of the ITI. The IMC is registered as Society and financial and Academic Autonomy have been given by the State Government as per project guidelines