Windows - Pycharm - Failed to install python packaging tools

From pycharm,

goto settings -> project Interpreter

Click on + button on top right corner and you will get pop-up window of Available packages. Then search for packaging python package.

Then click on Install package to install the package.

I had a similar issue. In the end I had to remove an existing venv that was in the same location, delete multiple interpreters, then set up a new one.