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
20 energy firms create alliance for EV charging via UPI-like system in India
Fantasy sports revenue growing bigger thanks to IPL: Report
Nestle India stock price plunges amid ‘sugar in baby food’ row
Escalation of Iran-Israel conflict to impact inflation, oil price in India
Nestle giving sugar shock: Baby food in India packs high sugar level compared to global offerings
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.