CABINET GAVE NOD TO NEW SCHEME OF RS 6655 CRORE FOR SKILL DEVELOPMENT

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NEW DELHI- Modi cabinet has approved two new schemes of skill development. The two schemes include the Rs 4,455 crore Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) and Skill Strengthening for Industrial Value Enhancement (STRIVE) of Rs 2,200 crore. Union Skill Development and Entrepreneurship Minister Dharmendra Pradhan said the two schemes Skills Acquisition and Knowledge Awareness for Livelihood Promotion (Sankalp) and Skill Strengthening for Industrial Value Enhancement (Strive) will be supported by World Bank. Both the World Bank supported schemes will aim at institutional reforms and improving quality and market relevance of skill development training programs in long and short term vocational education and training. SANKALP and STRIVE are outcome focused schemes marking shift in government’s implementation strategy in vocational education and training from inputs to results, said an official release. The government will establish 66 plus India International Skilling Institutions at natural migration points in the country through this investment. These institutions will focus on skill training as per global standards for overseas placements. Over 30,000 aspirants would be trained in institutes and they will get certificates from International Awarding Bodies (lABs). The schemes will also work towards increasing the aspirational value of skill development programs by increasing the marketability of skills, through better industry connect and quality assurance.

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