World Bank Support for Vocational Training
The WorId Bank is providing loan to improve the vocational training system in the country. International Development Association (IDA) has in June 2007 approved a credit of US $ 280 million (equivalent to Rs. 1231 crore) towards central share for taking up the 'Vocational Training Improvement Project' for upgradation of 400 Industrial Training Institutes (ITIs) in June 2007. No amount has been provided in the last three years.
The project envisages upgradation of 400 Industrial Training Institutes on a cost of sharing basis between Central and State Government in the ratio of 75:25 respectively except for North Eastern States and Sikkim where sharing ratio is 90:10. The State Government would be responsible for implementation of the Scheme in the respective state.
This was stated by the Minister of State (Independent Charge) of Labour and Employment, Shri Oscar Fernandes in a written reply in Lok Sabha today.
In another reply, the Minister said that DGEandT under the Ministry of Labour and Employment is implementing Craftsman Training Scheme in the country. There area 5114 Industrial Training Institutes/Centres functioning in the country. In addition to this Ministry of Human Resource Development is implementing a Centrally Sponsored Scheme of Vocationalisation of Secondary Education at +2 level.
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