New Delhi, April 8 -- Jayant Chaudhary, the Minister of State (Independent Charge) for Skill Development and Entrepreneurship and Minister of State for Education, on Wednesday initiated the campaign to build a Skills Outcomes Fund, a first-of-its-kind initiative aimed at unlocking aspirational livelihoods for youth from low-income backgrounds.
The fund envisages mobilising public and private capital to scale outcomes-based financing (OBF) in India's skilling ecosystem, linking investments directly to verified employment outcomes.
According to a release, the Skills Outcomes Fund aims to unlock aspirational and sustainable livelihoods for youths from low-income backgrounds across India.
This initiative is expected to become the largest o...
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