Question
In April 2026, Union Minister Jayant Chaudhary initiated
a campaign to establish the Skills Outcomes Fund (SOF). Which organization is the nodal implementing agency for this initiative?Solution
In April 2026, Union Minister of State (Independent Charge) Jayant Chaudhary, Ministry of Skill Development and Entrepreneurship (MSDE), initiated a campaign to establish the Skills Outcomes Fund (SOF) in New Delhi. The initiative is anchored and led by the National Skill Development Corporation (NSDC) under the MSDE as the nodal implementing agency. The SOF uses a blended finance model combining government, private, and philanthropic capital through an outcomes-based financing approach linking payments to verified employment results.
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