Q15. The Cabinet Committee on Economic Affairs has approved two new World Bank supported schemes - Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) and Skill Strengthening for Industrial Value Enhancement (STRIVE). Consider the following with reference to them.
1. Both the schemes are being funded by World bank loan assistance apart from Central Government assistance.
2. The schemes mark a shift in government's implementation strategy in vocational education and training from inputs to results.
Which of the above is/are correct?

a) 1 only

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b) 2 only

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c) Both 1 and 2

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d) None

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Solution

The correct option is C c) Both 1 and 2
1. 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.
2. The schemes are aligned to flagship Government of India programs such as Make in India and Swachhta Abhiyan and aim at developing globally competitive workforce for domestic and overseas requirements.
3. The schemes shall provide the required impetus to the National Skill Development Mission, 2015 and its various sub missions

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