Answer: $250-million
Notes: The World Bank has cleared a $250-million loan to aid the Skill India mission. The loan amount would be used for making Indian youth more employable through reskilling. Under the skill development programme, adults in 15-59 years of age, underemployed or unemployed, will get the skill training. It will also include the 1.2 crore youngsters in the age group of 15-29 years who are entering the labour market every year. The programme has a mandate to provide placement and entrepreneurship opportunities to women and increase their exposure to skill training.
