ADB has approved a $112 million loan to establish a skill university in which state?

Correct answer is Assam Key Points 112 Million Loan to Establish a Skill University in Assam extended by ADB $112 million loan to strengthen skills education and training through the establishment of the Assam Skill University (ASU) has approved by ADB. The Loan will create a path for skill development to enhance the productivity and competitiveness of Assam’s economy and industries. The project will improve skills and provide greater paying, decent job opportunities for youth and adults (especially women and disadvantaged groups). The project will develop the ASU’s management & operating systems, Research & Development (R&D) program, business models, faculty & staff. ASU supports the development of design & construction of environmentally sustainable and climate-resilient university campuses for efficient and sustainable operations. It also supports the design and delivery of industry-aligned programs like cutting-edge digital skills & career development programs. The project promotes the professional development of trainers and faculty members of technical and vocational education and training (TVET) institutions. Additional Information About Assam Economy Assam’s economy is dominated by low value-added, natural resource-based products and is poorly integrated with global and regional value chains. Due to low growth potential and natural hazards, migration has been increased among people of Assam for jobs and education and in turn, it has also resulted in a shortage of skills. About ADB President - Masatsugu Asakawa Established - 19th December 1966 Headquarters - Manila, Philippines Member Countries - 68 members (49 from Asia and Pacific regions).