18-19.12.21 Daily [Assam] APSC Current Affairs

The Asian (ADB) signed a loan agreement with Assam Skill development Mission for establishment of a university at Mangaldoi. The estimated cost of the project is US$140 million.

The State Government has allotted 250 bighas of land and the construction work is expected to commence by early next year. The project is likely to be completed by 2027.
The loan agreement was signed between ADB’s country director Takeo Konishi and Assam Skill Development Mission director Adil Khan. State Industry, commerce and skill development minister Chandra Mohan Patowary termed the event as a major achievement for creation of a pool of skilled manpower in Assam.

According to the detailed project report, nine schools have been proposed under the university that will cater to the needs of local entrepreneurs, startups, and Micro, Small and Medium enterprises for technology, skill and businesses.