Govt Takes Loan For Educating Minority Youth

To carry the minority skill-development program to the next level, the Union government had inked a brief loan-agreement with the World Bank.

Reports say that, the Bank had last day offered around fifty million dollars to the central government with a liberal repayment agreement. The money will be utilized to strengthen the skill-development and educational schemes for the Minority community. Experts claim that the scheme will help the minority youth to secure a decent livelihood.

Recently, the social platforms and the Media were flooded with the government advertisements, which were prompting the minority youth to approach the nearest skill development center at the earliest; the media campaign had unquestionably attracted thousands of youths. The new initiative may provide fresh wings to the six-month-old scheme, hopes public administration expert. The scheme was initially launched in early august last year by the Minority development ministry of the BJP-run central government.

Since its launching day, the scheme is witnessing undiminished support from the youth and the job aspirants. In a statement, the World Bank admits that the bank had last day inked a loan agreement with the Indian government for the minority skill-development scheme. Authorities assert that the scheme is providing placement facilities to the youth after the skill-development program. The placement program will be extremely helpful to the oppressed community, avows expert. The loan was approved by the World Bank’s concessionary lending arm on the request of the Indian government last day.

Vignesh

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