World Bank clears $250-million loan to train India’s job seekers

The World Bank has cleared a USD 250-million loan for making Indian youth more employable through reskilling, in a move that is seen to aid the Skill India Mission.

The multi-lateral lender is keen to support the Indian government in its efforts to better equip the young workforce with employable skills. Under the program, adults in 15-59 years of age, underemployed or unemployed, will get the skill training.
Static Takeaways from Above News-
  • The Washington-headquartered World Bank.
  • It was Founded in 1944.
  • Jim Yong Kim is the President of The World Bank.
Source- The Economic Times

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