India signs financing agreement with World Bank for Strive Project
India has recently signed a financing agreement of $125 million with the World Bank (WB) in New Delhi for the Skills Strengthening for Industrial Value Enhancement Operation (STRIVE) Project. The purpose of the project is to improve access to quality and market-driven vocational training provided in it is and apprenticeships. 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. The closing date for the project is 30th November, 2022.