Government of India and ADB sign $80 Million Loan Agreement

The Government of India and Asian Development Bank (ADB) signed $80 million loan to help modernize technical and vocational education and training (TVET) institutions and improve the skills ecosystem in the State of Himachal Pradesh.

The project will support the skill initiatives of Government of Himachal Pradesh and help the State step-up the reform and scale-up its skill development efforts.

Key points:
Asian Development Bank
Headquarters: Mandaluyong, Philippines
President: Takehiko Nakao
Founded: 19 December 1966

Source: Business Standard

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