Die Weltbank hat 50 Millionen US-Dollar für Qualifizierungsmaßnahmen in Wachstumssektoren im indischen Bundesstaat Punjab gebilligt. Das Projekt soll die Qualität, die Arbeitsmarktrelevanz und den Zugang zu Ausbildungsprogrammen mit Schwerpunkt auf der Beschäftigungsfähigkeit verbessern.
World Bank Approves US$ 50 million to train youth in Punjab
The World Bank today approved US$50 million to improve skills training
programs in priority growth sectors in Punjab. The project aims to improve the
quality, labor market relevance and access to the training programs with a focus
on the employability of graduate trainees.
Punjab Skills
Development Project will benefit individuals in the labor force who wish to gain
job specific skills and training in order to join the labor market, as well as
those who wish to increase their earnings capacity through in-service training.
An estimated 70,000 trainees will directly benefit from the Project, of which at
least 15% will be female.
"The main challenges in the skills
development sector of Punjab include limited supply of skilled workers, weak
institutional framework, and low access to quality and relevant skills
training", says Rachid Benmessaoud, World Bank Country Director for Pakistan.
"The Project aims to strengthen public institutions in Punjab to accredit,
certify and deliver skills training services, which will help the youth to get
better jobs."
Punjab Skills Development Project supports the
Government of Punjab's Growth and Skills Development Strategies and Vision 2018
objectives and has been designed in close consultation with development partners
already working on skills training at both national and provincial level. The
Project also has a technical assistance and capacity building component for
implementation support.
"The Project would help raise the quality
of skilled graduates through the introduction of competency-based training and
assessment, improved collaboration between employers and training providers to
increase the industrial relevance of training content", says Scherezad J. Monami
Latif, Task Team Leader of the Project.
"The project will improve
the quality and relevance of training through improved collaboration between the
private sector and training providers. Interventions would focus on, but not be
limited to, developing partnerships with small and medium enterprises in
priority economic sectors".
The credit is financed from the
International Development Association (IDA), the World Bank Group's grant and
low-interest arm. It will be on standard IDA terms, with a maturity of 25 years,
including a grace period of 5 years.