$85 M Loan By ADB To Support Odisha Skill Development Project

Bharat Mahan

Asian Development Bank (ADB) will provide a $85 million loan to improve the skill development eco-system in Odisha and establish an advanced skill training center, the World Skill Center (WSC), in the state capital Bhubaneswar.

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

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PIB Release

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