Multilateral lending agency Asian Development Bank (ADB) has approved a loan of $80 million (about Rs 524 crore) for the modernization of Himachal Pradesh’s technical and vocational education and training (TVET) institutions.
The total cost of the project is $100 million, with the Centre contributing $20 million. The project is expected to be completed by the end of 2022.
Important Takeaways from Above News-
- ADB headquarters in Manila, Philippines.
- Takehiko Nakao is the President of ADB.
Source- The Hindu