Sunday, November 1, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • ASEANFastest Growing
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • ASEANFastest Growing
Fiinews
No Result
View All Result
Home Banking & Finance

ADB’s US$85M for Odisha Skill Development Project

Fiinews by Fiinews
December 4, 2018
in Banking & Finance, Economy, Projects, Technology
Reading Time: 2 mins read
A A
0
0
SHARES
11
VIEWS
LinkedinShare on Twitter

Singapore support for Bhubaneswar WSC

 

Singapore’s Institute of Technical Education Services (ITEES) will support Odisha Skill Development Authority in setting-up and operationalizing World Skill Centre (WSC) of international standards.

The project, including WSC will help over 150,000 people learn skills in priority sectors, including manufacturing, construction and services for formal employment.

The project will engage ITEES to support Odisha in setting-up and operationalizing WSC which would offer internationally bench marked advanced training programs for the working age population of Odisha, said Kenichi Yokoyama, Country Director of ADB’s India Resident Mission.

WSC will deliver eight training courses for 13,000 full-time students, provide training for 5,000 teachers, and train 1,000 assessors.

It will improve the overall eco-system of skill development in Odisha by providing integrated services through an entrepreneurship incubation center, a career counseling and placement center, a curriculum design and development center, and education technology deployment center.

These important functions of WSC will support a network of Government ITIs and develop skills and capacity of polytechnics, college of engineering, and other private skilling centers.

ADB will also administer a $2 million technical assistance grant from the Japan Fund for Poverty Reduction, financed by the Government of Japan that will support capacity development activities under the project

The details were released after ADB signed US$85 million loan for the project to improve the skill development eco-system in Odisha.

The loan was signed with the Indian government on 3 Dec 2018 in Delhi.

The signatories to the Odisha Skill Development Project were Shri

Sameer Kumar Khare, Additional Secretary (Fund Bank and ADB), Department of Economic Affairs, signed on behalf of the Government.

“The project will improve the quality of the State’s Technical and Vocational Education and Training (TVET) programs by making them relevant to industry and demand driven.

“It and will impart advanced occupation-ready skills training aligned with international standards. It would also complement the efforts to target the employment needs of the emerging sectors in India and globally,” said Khare after signing the loan agreement. fiinews.com

Tags: Asian Development BankInstitute of Technical Education ServicesOdisha Skill Development Authority
ShareTweetShare

Related Posts

OneConsent PHD
Technology

Tech: OneConsent to help business with DPDPA

by Gurdip Singh
October 28, 2026
0
10

Luthra says industry must give priority to data protection OneConsent, an AI-powered, DPDP-compliant Consent Management Platform, has formed a partnership...

LTM
Technology

Tech: GCC Origin launched for next gen centres

by Gurdip Singh
October 28, 2026
0
10

As GCC needs evolve in the AI era, enterprises are seeking greater scale, speed and integration LTM, the Business Creativity...

PM Delhi conclave

Tech: PM says India must create global solutions

October 28, 2026
11
Manastu

Project: RDI supports Manastu’s propulsion system

October 27, 2026
10
Sonowal Korea

Project: Minister wants international standards

October 27, 2026
10
Rapidus

Tech: HCLTech centres to support Japanese Rapidus

October 26, 2026
10
SBI YONO

Recent News

  • Market: VinFast signs 50+ LoIs with e-motorcycles
  • Export: India commits Green Hydrogen to markets
  • Invest: AssetMark expands presence in India with GCC
  • Invest: Prince Alois updated on economic progress
  • Export: India-Mexico sign PTA Terms of Reference

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY
  • About
  • Advertise
  • Careers
  • Contact us

© 2026 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • ASEAN

© 2026 FIINEWS - Design and developed by 7clicksmedia.