Updated By: LatestGKGS Desk
Union Cabinet approves SANKALP and STRIVE to boost Skill India Mission
Cabinet on Economic Affairs (CCEA) approves SANKALP and STRIVE to boost Skill India Mission
The Cabinet on Economic Affairs (CCEA) has approved two World Bank-supported scheme, one of them is, “Skill Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP)”.
The second Scheme is “Skills Strengthening for Industrial Value Enhancement (STRIVE)” to boost skill India Mission.
SANKALP is Rs 4455 crore centrally sponsored scheme including Rs 3300 crore loan support form World Bank.
Whereas STRIVE is a Rs 2200 crore central sector scheme with half of the scheme outlay as World Bank loan assistance.
Skill Acquisition and Knowledge Awareness for Livelihood Promotion Skills and Strengthening for Industrial Value Enhancement both are outcomes focused schemes.
Both of schemes will address the need for a national architecture for promoting convergence, ensuring effective governance and regulation of skill training in vocational training space.
The National bodies for accreditation & certification will be set up for regulation, accreditation, and certification in both long and short-term Vocational Education and Training under the scheme.