ADB, Centre Sign $85 million Loan to Support Odisha Skill Development Project 

The Centre and Asian Development Bank (ADB) have signed an 85 million dollar loan to improve skill development eco-system in Odisha. An advanced skill training center, the World Skill Center (WSC) will also be established in Bhubaneswar with the help of a loan.

The Odisha Skill Development Project agreement was signed by Additional Secretary in the Finance Ministry Sameer Kumar Khare and Country Director of ADB’s India Resident Mission Kenichi Yokoyama in New Delhi.

Source- The Money Control

Static/Current Takeaways Important For Canara Bank PO:

  • Takeshi Watanabe was ADB’s first President.
  • Headquarters of ADB is in Manila, Philippines.
  • Takehiko Nakao is a Japanese civil servant who was elected the ninth president of the Asian Development Bank in 2013.

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