Prelims 2018: Quick Revision Notes – Schemes & Policies Part-I

IAS Prelims Quick Revision Notes – Schemes & Policies Part-I for GS

Governance Schemes and Policies


Objectives — 1.  The Cabinet Committee on Economic Affairs has approved two new World Bank supported schemes of Rs. 6,655 crore – named as kills Acquisition and Knowledge Awareness for Livelihood Promotion  (SANKALP) and Skill Strengthening for Industrial Value Enhancement  (STRIVE). SANKALP and STRIVE are outcome focused schemes marking shift in government’s implementation strategy in vocational education and training from inputs to results. SANKALP is Rs. 4,455 crore Centrally sponsored scheme including Rs. 3,300 crore loan support from World Bank. STRIVE is a Rs. 2,200 crore – central sector scheme, with half of the scheme outlay as World bank loan assistance.

2.  There has been a long felt need for a national architecture for promoting
convergence, ensuring effective governance and regulation of skill
training and catalysing industry efforts in vocational training space.
The two schemes SANKALP and STRIVE shall address this need by
setting up national bodies for accreditation & certification which shall
regulate accreditation and certification in both long and short term
Vocational Education and Training (VET).