The funding to institutions would be made available through transparent and competitive funding mechanism. The potential of the institutions to cater to the market demands will be the major requirement. The institution will also require implementing some institutional reforms to ensure private sector support and participation in the training activities. The institutional reforms will include establishing one Institute Management Committee at institute level and an Advisory Group for each program
The project will finance revision, upgradation and development of up to 70 markets driven training programmes. Individual institute may submit proposals for maximum of three programmes but would only be eligible to be funded for a maximum of two programmes. Certificate and Diploma program with minimum 06-month duration to 3-years would be covered. 70% of the total programmes to be upgraded or newly developed will be Certificate Courses (6 – 12 months) and remaining 30% will be Diploma Courses. All vocational Commercial, institution (Monotechnic and Polytechnic) will be eligible to apply for funding under the project. The funding for each program would be up to $ 65,000/-. The funding will be utilized mainly to cover the expenditure on:
The project will finance revision, upgradation and development of up to 70 markets driven training programmes. Individual institute may submit proposals for maximum of three programmes but would only be eligible to be funded for a maximum of two programmes. Certificate and Diploma program with minimum 06-month duration to 3-years would be covered. 70% of the total programmes to be upgraded or newly developed will be Certificate Courses (6 – 12 months) and remaining 30% will be Diploma Courses. All vocational Commercial, institution (Monotechnic and Polytechnic) will be eligible to apply for funding under the project. The funding for each program would be up to $ 65,000/-. The funding will be utilized mainly to cover the expenditure on:
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