Himachal Pradesh to set up women polytechnic
An US$80 million Asian Development Bank (ADB) loan will help Himachal Pradesh government step-up reform and scale-up its skill development efforts.
The loan will fund short-term and long-term training programs in automobiles, electronics, pharmaceutical, tourism and hospitality, banking and financial services, as well as health care among other industries.
The Project will establish a polytechnic for women, six city Livelihood Centers, and seven Rural Livelihood Centers, and upgrade 11 employment exchanges into model career Centers.
The loan was signed with Indian government in New Delhi on 28 Mar 2018.
After achieving impressive enrollment rates for higher education, Himachal Pradesh faces ‘second-generation’ challenge of preparing its youth for the labour market, noted Kenichi Yokoyama, Country Director of ADB’s India Resident Mission.
The training will equip youth with market-relevant technical and vocational skills.
The State will need more than 500,000 skilled workers by 2022 across various trades. fii-news.com