Sunday, October 1, 2017

World Bank to continue support for technical education and vocational training

The World Bank has approved a $ 60 million credit to support a second phase of the Enhanced Vocational Education and Training Project in Nepal (EVENT II).
EVENT II is designed to help the country improve equitable access to market relevant training programs and to strengthen the delivery of Technical Education and Vocational Training (TEVT), according to a press release issued by the multilateral development partner.
In Nepal, TVET is an important intermediary between youth and the labour market through the provision of pre-employment skills. Between 450,000 and 500,000 Nepali youth come of working age every year, most of whom will enter either the domestic or the foreign labor market with limited education and skills.
On the other hand, the annual intake capacity in short-term and long-term TVET programmes in the country was between 100,000 and 120,000 in 2016. While TVET has grown in size over time with formal and informal providers across a variety of government and non-government entities, it continues to face the challenges of quality training for domestic and foreign labour markets, inclusion and cohesion.
“Skill development of the workforce through investment in human capital including technical and vocational education and training are critical for the successful implementation of the country’s emerging jobs agenda,” said the World Bank’s country manager for Nepal Takuya Kamata.
EVENT II is designed to support the TVET sector in Nepal at different levels, the system, the institution, and the individual. Activities include upgrading the quality of TVET facilities, supporting key human resources that are critical for the quality of service delivery, improving access for disadvantaged groups, supporting missing links between training and placement to help youth find work, improving the availability of information linking skills supply and demand, and improving governance through performance-based funding of training providers.
The project will also support migrants through training and skill testing and certification.
“While there is substantial underemployment and informal employment dominates, an increased focus on skills and employability will help Nepal benefit from its potential youth dividend,” said senior economist and the Bank’s Task Team Leader for the project Sangeeta Goyal.

12 comments:

James mellar said...

Hi, I am Mr. James miller, I need an urgent partner for business proposal there in your country if you are interested please email me at ( jamesmellar1@gmail.com )

Abhi Sharma said...

very nice blog post keep posting informative blogs.
Shapoorji Pallonji Joyville Whitefield

Mitra Shrivastava said...

Awesome Blog post it has bunches of data Regarding 2 BHK and 3 BHK here I additionally have some Information in regards to this.
Godrej Sarjapur Road
Hero Sector 104
Omkar Jogeshwari
Godrej Riviera Noida
Tata Alipore Kolkata
Godrej Mamurdi Pune
Godrej Bavdhan Pune
Godrej Joka Kolkata

Nilisha Sinha said...

I acknowledge and thank you for sharing this article.
Godrej Nest Noida
Godrej Plot Chikka Tirupathi
Godrej Plot Chambenahalli

Vijay Singh said...

Great blog created by you. I read your blog, its best and useful information. You have done a grate work. Super blogging and keep it up posting...! And i have some suggestion about Raymond Aspire

Salarpuria Sattva Misty charm said...

Excellent information posted,very nice blog,thanks for sharing the blog,now a days the real estate field is very good,very useful information provided here,thanks for posting.
Incor Carmel Heights

Vijay Singh said...

Thank you for your post. This is excellent information.If You Want to new Information About a property in Punjab visit to Shapoorji Pallonji Mohali

Unknown said...

Thank You for sharing wonderful article.This is very informative.I also have some usefull infomation Peninsula Address One

IncorCarmel Heights said...

Great blog created by you. I read your blog, its best and useful information. You have done a grate work. Super blogging and keep it up posting...!Sobha Dream Valley

IncorCarmel Heights said...

Nice and very informative blog..keep up the good work
Sobha Hoskote

Salarpuria Sattva Misty charm said...

Thanks you blogger for creating this blog because it has very simple and impressive designed. I also read your post and this is very helpful post. keep sharing.
Brigade Triumph

kanchan hande said...

Very informative blog..Thanks for the best information ever and its very useful.
Raymond Aspire Thane