The Union Cabinet on Wednesday approved the signing of a Memorandum of Understanding (MoU) with the United Kingdom (UK) in the field of skill development, vocational education and training.
The cabinet was chaired by Prime Minister Narendra Modi. The MoU would pave the way for closer bilateral cooperation between the two countries in the field of vocational education and training and skill development.
The collaboration would help to strengthen India's skill eco-system, thereby skilling youth for better employment prospects.
The MoU will create the framework for innovative partnership between India and the UK industry and training institutes and will help to scale up skill training efforts in India and enhance their quality.
The funding of projects related to the execution of the MoU will be structured in separate individual arrangements, mutually agreed by both parties.
The skill development is national priorities for India and the UK and a key part of the bilateral partnership between the two countries.
In November 2016, the two Prime Ministers endorsed 'Skill Development and Entrepreneurship' as one of the priority areas for collaboration.