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    Question

    SANKALP & STRIVE both are skill development

    initiative funded by_____
    A ADB Correct Answer Incorrect Answer
    B NDB Correct Answer Incorrect Answer
    C WB Correct Answer Incorrect Answer
    D UN Correct Answer Incorrect Answer
    E UNESCO Correct Answer Incorrect Answer

    Solution

    The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi, has approved two new World Bank supported schemes of Rs. 6,655 crore - Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) and Skill Strengthening for Industrial Value Enhancement (STRIVE). SANKALP is Rs 4,455 crore Centrally sponsored scheme including Rs. 3,300 crore loan support from World Bank whereas STRIVE is a Rs. 2,200 crore - central sector scheme, with half of the scheme outlay as World bank loan assistance. SANKALP and STRIVE are outcome focused schemes marking shift in government's implementation strategy in vocational education and training from inputs to results.

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