SC: Insurer Must Pay Accident Compensation Despite Route Permit Violation, Recoverable From Owner  ||  SC: Recovery of Currency Alone Doesn’t Convict under PC Act Without Proof of Demand and Acceptance  ||  SC: Minor Variations in Later Statements Don’t Undermine First Dying Declaration if Reliable  ||  SC: Members of Unlawful Assembly Liable under Section 149 IPC Once Common Object is Proven  ||  Madras HC: Grandparents Can Execute Adoption Deed for Unmarried Daughter if She Consents  ||  Delhi HC: Guilty Plea Doesn’t Bypass Double Jeopardy; Second Conviction for Same Offence Invalid  ||  Del HC: Provision of Recall u/s 311 CrPC Ensures Justice, Not Multiple Chances to Negligent Litigant  ||  AP HC: Shutdown of Specific Unit Constitutes Closure, Workers Entitled to Compensation under S.25FFF  ||  P&H High Court: Over-Implication of Accused’s Relatives Turns Criminal Process Into Harassment  ||  Delhi HC: Denying Candidature of Physically Disabled Person Due to 'No Vacancy' Violates RPwD Act    

India signs Financing Loan Agreement with the World Bank for US$ 74 Million for Uttarakhand Workforce Development Project (UKWDP)- (Press Information Bureau) (18 Sep 2018)

MANU/PIBU/1338/2018

Commercial

A Loan Agreement for IBRD Credit of US$74 million equivalent for the Uttarakhand Workforce Development Project (UKWDP) was signed with the World Bank here today. The Loan Agreement was signed by Mr. Sameer Kumar Khare, Additional Secretary, Department of Economic Affairs, Ministry of Finance, Government of India on behalf of the Government of India and Mr. Jorge Coarasa, Acting Country Director, World Bank (India) on behalf of the World Bank. A Project Agreement was also signed by Dr. Iqbal Ahmed, Additional Secretary, Skill Development and Employment, Government of Uttarakhand and Mr. Jorge Coarasa, Acting Country Director, World Bank.

The Project objective is to improve the quality and relevance of training at priority Industrial Training Institutes (ITIs) and to increase the number of labor-market-relevant workers through short term training in Uttarakhand. The Project has three components: (1) Improving the quality and relevance of ITI Training; (2) Increasing the number of skilled workers certified under National Skills Qualification Framework (NSQE) - Compliant Short Term Training; and (3) Policy and Institutional Development and Project Management.

Twenty-five ITI's have been selected - 13 located in District Centers and 12 ITI's that are well-linked to industries. Two out of four women's ITIs in the State will be included in the list. The Project has a 5-year grace period, and a maturity of 17 years. The closing date for the Project is 30th June, 2023.

Tags : LOAN AGREEMENT   WORLD BANK   PROJECT (UKWDP)  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved