World Bank commits USD 125 million loan to India for skill development
World Bank has committed USD 125 million (around Rs 800 crore) loan to India for the STRIVE project for skill development. […]
Sarabjit Kaur December 21, 2017
MORE IN News
Most unicorns founders are ‘underdog’: Report
India can surpass 500 GW renewable energy target before 2030: Official
Indian gaming market revenue may double to $6 billion by 2028: report
Financialisation of savings growing after pandemic: AMFI chief
By 2035, global warming could add up to 3.2% to food inflation every year: Study
World Bank has committed USD 125 million (around Rs 800 crore) loan to India for the STRIVE project for skill development.
The objective of the operation Skills Strengthening for Industrial Value Enhancement is to improve access to quality and market-driven vocational training as well as apprenticeships, the finance ministry said in a statement issued on Wednesday.
The financing agreement was signed between the World Bank and the finance ministry on Tuesday, it said.
“The result areas for the project include improved performance of industrial training institutes, increased capacities of state governments to support industrial training institutes and apprenticeship training, improved teaching and learning, and improved and broadened apprenticeship training,” it added.