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Cabinet approves schemes to boost 'Skill India Mission'
Oct 12, 2017

The Cabinet Committee on Economic Affairs on Wednesday approved two new World Bank-supported schemes of Rs 6,655 crore - Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) and Skill Strengthening for Industrial Value Enhancement (STRIVE).
 
An official release said SANKALP is Rs 4,455 crore centrally sponsored scheme including Rs 3,300 crore loan support from World Bank while STRIVE is a Rs 2,200 crore central sector scheme, with half of the scheme outlay as World Bank loan assistance.
 
SANKALP and STRIVE are outcome focused schemes marking shift in government's implementation strategy in vocational education and training from inputs to results, it said, adding the two schemes will address this need by setting up national bodies for accreditation and certification in both long and short term Vocational Education and Training (VET).
 
Both the schemes are aimed at institutional reforms and improving quality and market relevance of skill development training programs in long and short term VET, the release said.
 
In the past, many government schemes such as Vocational Training Improvement Project have focussed on strengthening ITIs and over 1600 ITIs have already been modernized under the schemes.
 
STRIVE scheme shall incentivize ITIs to improve overall performance including apprenticeship by involving SMEs, business association and industry clusters.
    

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