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Education
Kerala Faces Rs 2,000 Crore Loss Over PM SHRI Scheme Exit
✍️ The Economic Times
🗓 29 Jun 2026, 03:01 PM
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Kerala's Education Minister Samsudheen stated that the state could incur a financial loss exceeding Rs 2,000 crore if it decides to withdraw from the PM SHRI scheme.
Kerala's participation in the Pradhan Mantri Schools for Rising India (PM SHRI) scheme is under review, with a significant financial implication attached to any potential withdrawal. Education Minister Samsudheen has indicated that exiting the program could result in the state foregoing over Rs 2,000 crore in central assistance.
The PM SHRI scheme aims to upgrade existing schools and establish new ones to showcase the implementation of the National Education Policy, focusing on a holistic and child-centric approach. The potential loss of funds highlights the economic considerations involved in the state's decision regarding its involvement in the centrally sponsored initiative.
The PM SHRI scheme aims to upgrade existing schools and establish new ones to showcase the implementation of the National Education Policy, focusing on a holistic and child-centric approach. The potential loss of funds highlights the economic considerations involved in the state's decision regarding its involvement in the centrally sponsored initiative.