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Question

Q10. Which of the following statement related to SANKALP and STRIVE is incorrect?


A

(a) Both are Central Sector Schemes

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B

(b) Both are related to Skill development

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C

(c) Both are supported by Word Bank

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D

(d) Both schemes also aim at institutional reforms

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Solution

The correct option is A

(a) Both are Central Sector Schemes


The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi, has approved two new World Bank supported schemes of Rs. 6,655 crore - Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) and Skill Strengthening for Industrial Value Enhancement (STRIVE). SANKALP is Rs 4,455 crore Centrally sponsored scheme including Rs. 3,300 crore loan support from World Bank whereas STRIVE is a Rs. 2,200 crore - central sector scheme, with half of the scheme outlay as World bank loan assistance. SANKALP and STRIVE are outcome focused schemes marking shift in government's implementation strategy in vocational education and training from inputs to results.

Both the schemes are aimed at institutional reforms and improving quality & market relevance of skill development training programs in long and short term VET.


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