ADB,Government of India signed a $150 million Loan Agreement to establish a Global Skills Park in Bhopal, Madhya Pradesh

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New Delhi: Asian Development Bank (ADB) and the Government of India signed a $150 million Loan Agreement to establish a Global Skills Park (GSP)in Bhopal, Madhya Pradesh.

This is going to be the first Multi-Skills Park in India which will enhance the quality of Technical and Vocational Education And Training (TVET) system in the state and create a more skilled workforce.

The GSP campus will consist of core Advanced Training Institutes including the Center for Occupational Skills Acquisition & the Center for Advanced Agricultural Training as well as other support services focusing on entrepreneurship, training of trainers & skill-related research.

The campus will have training facilities focusing on skills for manufacturing, service & advanced agricultural jobs, benefitting about 20,000 trainees and trainers. The Project will also help in modernizing 10 ITIs across the state by upgrading skill courses as per Industry needs.