Home » State News » Odisha Government signed a loan agreement with ADB to train 1.5 Lakh youngsters in the state

Odisha Government signed a loan agreement with ADB to train 1.5 Lakh youngsters in the state

New Delhi:3/12/18: The Odisha Government on Monday signed a loan agreement with the Asian Development Bank for USD 85 million to train 1.5 Lakh youngsters in the state.

With this assistance, youths in the age group of 15-34 years will be given skill development training to make them competent to get better work and higher paying jobs, a statement said.

The Project Agreement was signed by Skill Development and Technical Education Department  Secretary Cum Commissioner Sanjay Kumar Singh and Kenichi Yokoyama, Country Director, ADB India Office. The total cost of the project is USD 193 million with the Odisha government contributing USD 108 million.

In addition, the Japanese government will provide technical aid for capacity building through the Japan Fund for Poverty Reduction. The Manila-headquartered multi-lateral funding agency will also help with a USD 2 million technical assistance for capacity building component of the project.

Under the Project, Odisha Skill Development Authority and ITE Education Services, Singapore will cooperate in the establishment and operation of World Skills Centre (WSC) in Bhubaneswar.


The loan agreement was signed by Mr. Sameer Kumar Khare, Additional Secretary (Fund Bank & ADB) and Mr. Kenichi Yokoyama, Country Director, ADB India Office.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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