STRIVE PROJECT India signs $125 Million Financing Agreement with World Bank

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  • India has inked Financing Agreement with World Bank for International Development Association (IDA) Credit of US $125 million (equivalent) for Skills Strengthening for Industrial Value Enhancement Operation (STRIVE) Project.
  • The objective of project is to improve access to quality and market-driven vocational training and apprenticeships.
  • The closing date for the project is 30th November, 2022.
  • The STRIVE Project will focus to improve on quality and the market relevance of vocational training provided in ITIs and also strengthen the apprenticeship programme through industry-cluster approach.

The project include:

  • Improved Teaching and Learning
  • Improved and Broadened Apprenticeship Training.
  • Improved Performance of Industrial Training Institutes.
  • Increased Capacities of State Governments to Support Industrial Training Institutes and Apprenticeship Training.