. The Asian Development Bank (ADB) and Indian Government on March 28, 2018 signed USD 80 million loan agreement to help modernise Technical and Vocational Education and Training (TVET) institutions and improve the skills ecosystem in Himachal Pradesh.

. The loan agreement was signed by Sameer Kumar Khare, Joint Secretary (Multilateral Institutions) in the Department of Economic Affairs and by Kenichi Yokoyama, Country Director of ADB’s India Resident Mission. 

.  While, the project agreement was signed by Basu Sood, Adviser (Planning) in the Planning Department of Himachal Pradesh.