Go to main content
  1. Home
  2. India
  3. Skills Strengthening for Industrial Value Enhancement Operation

The World Bank

Skills Strengthening for Industrial Value Enhancement Operation

Disclaimer: The data for this page has been produced from IATI data published by The World Bank. Please contact them (Show Email Address) if you have any questions about their data.

Project Data Last Updated: 25/06/2020

IATI Identifier: 44000-P156867


The objective of the Skills Strengthening for Industrial Value Enhancement Operation Project for India is to improve access to quality and market-driven vocational training provided in ITIs and apprenticeships. India's gross domestic product (GDP) grew by 7.6 percent in 2015-16 steadily recovering from a low of 5.1 percent in 2012–13. This GDP growth was largely supported by robust consumption growth on the expenditure side and strong growth in the services sector, averaging more than 9 percent between 2012 and 2015, on the production side, although a recovery of industrial value added in 2015–16 was notable. With growth, poverty has declined rapidly from 38.9 percent in 2004–05 to 21.6 percent in 2011–12 (1.90 purchasing power parity per day) at a pace significantly faster than that witnessed in earlier periods. Poverty reduction was supported by greater rural-urban integration, increase in nonfarm wage employment, especially in construction, and higher rural wage growth. Given the cooling of the latter two trends in the past three years, it is likely the pace of poverty reduction moderated. Going forward, India's growth prospects remain bright. A million youth will enter the labor market every month for the next two decades, and India will soon have one of the youngest and largest working-age populations in the world. These demographic dynamics and a rising age-savings profile are likely to generate significant volumes of savings and investment over the coming years. The average schooling of the working-age population, and, consequently, worker productivity, will increase by at least a full year until 2030 even with no further improvements in the educational attainment of today's youth (that is, simply because younger cohorts are better educated) and could rise much faster if further progress is achieved on the education agenda. The proportion of population living i

Status - Implementation More information about project status
Project Spend More information about project funding
Implementing Organisation(s) More information about implementing organisation(s)

Sectors groups as a percentage of country budgets according to the Development Assistance Committee's classifications.


A comparison of forecast spend and the total amount of money spent on the project to date.

This site uses cookies

We use Google Analytics to measure how you use the website so we can improve it based on user needs. Google Analytics sets cookies that store anonymised information about how you got to the site, the internal pages you visit, how long you spend on each page and what you click on while you're visiting the site. Read more